Funds Managed by Apollo Global Management to Acquire Majority Stake in Direct ChassisLink from EQT Infrastructure

March 7, 2019

Funds managed by affiliates of Apollo Global Management have entered a definitive agreement to acquire a majority stake in Direct ChassisLink, Inc. from EQT Infrastructure, which will retain a 20% minority interest. Direct ChassisLink is a leading North American provider of marine and domestic container chassis and related asset-management and logistics technology (Blume Global); financial terms were not disclosed and the transaction was expected to close in Q2 2019.

Buyers
Funds managed by affiliates of Apollo Global Management, LLC
Targets
Direct ChassisLink, Inc.
Sellers
EQT Infrastructure II and EQT Infrastructure III (EQT Infrastructure)
Location
North Carolina, United States
Transaction Type
Buyout

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