FTAI Infrastructure Acquires Tidewater Logistics for $45 Million
June 29, 2026
FTAI Infrastructure Inc. (FTAI Infrastructure, NASDAQ: FIP) completed the acquisition of AP Shale Logistics ManagementCo LLC, doing business as Tidewater Logistics, for approximately $45 million in cash. The deal was funded through an upsizing of FIP’s existing term loan and expands FIP’s rail transloading network by adding Tidewater’s barge and rail transloading facilities in Ohio, West Virginia, and Texas.
- Buyers
- FTAI Infrastructure Inc., Fortress Investment Group LLC (affiliate externally managing FTAI Infrastructure)
- Targets
- AP Shale Logistics ManagementCo LLC (doing business as Tidewater Logistics)
- Industry
- Transportation
- Location
- United States
- Transaction Type
- Buyout
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