CAI International and Beacon Intermodal Leasing to Merge into Global Container Leasing Platform

Mitsubishi HC Capital Acquires CAI International

June 17, 2021

Transportation

CAI International agreed to be acquired by Mitsubishi HC Capital Inc. (MHC) in an all-cash transaction valued at $1.1 billion equity value ($2.9 billion enterprise value), paying $56.00 per share to CAI shareholders. CAI stockholders approved the merger, and the deal is expected to close in late Q3 or early Q4 2021, after customary closing conditions including a required “migration” of certain subsidiaries to the United States.

NFI Acquires CAI Logistics from CAI International

August 17, 2020

Logistics & Distribution

NFI has acquired CAI Logistics, the non-asset logistics business of CAI International, adding a unit that generates more than $100 million in annual revenue. The deal (announced August 2020) expands NFI's brokerage, intermodal and global freight forwarding capabilities across North America; CAI Logistics' operating entities will be rebranded NFI.

Triton International Acquires Global Container International

July 1, 2025

Logistics & Distribution

Triton International Limited completed the acquisition of Global Container International LLC (GCI), integrating GCI's approximately 500,000 TEU container fleet and long-term lease portfolio into Triton. The seller was Wafra (and other selling shareholders), and the deal expands Triton's scale and leasing capabilities in the global container market.

Universal Group Acquires Beacon Lite (Ottawa) Ltd. and Signebec

July 22, 2021

Transportation

Universal Group, a portfolio company of CAI Capital Partners, has completed the strategic add-on acquisition of Beacon Lite (Ottawa) Ltd. and Signebec to expand its geographic footprint and create a national platform for traffic control services. CAI’s equity co-investors in the combined organization include BDC Capital, Roynat Equity Partners and Frind Enterprises; debt financing was provided by BMO, CIBC and Scotiabank. Beacon Lite’s leadership (Luc and Simon Lemay) will continue to lead the business and become shareholders of the combined organization.

OneBeacon (Intact) Acquires International Bond & Marine Brokerage, Ltd.

September 11, 2020

Insurance

OneBeacon Insurance Group, the U.S. specialty insurance brand of Intact Financial Corporation, has acquired International Bond & Marine Brokerage, Ltd. (IB&M), a privately held brokerage specializing in customs bonds, marine cargo and transportation-related insurance. The acquisition expands OneBeacon’s owned-brokerage capabilities and enhances its customs bonds and international trade risk-management offerings.

Mason Capital-Led Consortium Acquires CB&I from McDermott

December 9, 2024

Infrastructure

A consortium of financial investors led by Mason Capital Management has completed the all-cash acquisition of CB&I, the storage facilities, tanks and terminals business formerly owned by McDermott. McDermott will receive $475 million of proceeds before taxes and transaction expenses; CB&I will operate as a standalone company with no funded debt and a mandate to pursue growth in energy and industrial storage markets.