Mitsubishi HC Capital Acquires CAI International

Carlyle acquires majority stake in MAI Capital Management

March 31, 2026

Financial Services

Carlyle has agreed to acquire a majority stake in Cleveland-based registered investment adviser MAI Capital Management, valuing the firm at more than $2.8 billion. The transaction deepens Carlyle’s involvement in MAI following its initial 2021 investment via Galway Holdings, with Galway Holdings, Harvest Partners, and Oak Hill Capital exiting. The deal closed effective June 4, 2026, with MAI employees retaining a large minority stake and MAI continuing to operate autonomously under its leadership team.

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

January 1, 2023

Transportation

Mitsubishi HC Capital approved the merger of its group companies CAI International and Beacon Intermodal Leasing, with the combined company headquartered in San Francisco and planned to be effective January 1, 2023. The deal combines CAI’s and Beacon’s container leasing capabilities to expand customer and business-partner relationships.

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.

Main Street Capital Provides $19.9M Follow-On Investment in CAI Software

June 16, 2020

Software

Main Street Capital Corporation completed a $19.9 million follow-on investment in CAI Software, LLC to support CAI’s acquisition of a complementary business in the supply chain and warehouse management systems industry. The financing (approximately $19.5 million of first-lien senior secured term debt and $0.4 million of equity) aims to expand CAI’s customer base and service offering in ERP, MES and WMS solutions.

Mitsui USA Takes Minority Stake in Capitala Group

October 28, 2019

Financial Services

Mitsui & Co. (U.S.A.), Inc. acquired a minority, non-controlling interest in the management firm of Capitala Group in a strategic partnership announced October 28, 2019. Terms were not disclosed; Capitala's existing management team remains in place while Mitsui USA brings global reach and access to Asian markets to support Capitala's growth and capabilities.

H.I.G. Capital Acquires NCI, Inc. for $283M

July 3, 2017

IT Services

Private funds affiliated with H.I.G. Capital agreed to acquire NCI, Inc. in an all-cash transaction valued at approximately $283 million (tender offer of $20.00 per share). The transaction will take NCI private after a tender offer and second-step merger and is intended to accelerate NCI’s growth and expand its capabilities in AI, agile software development and federal IT delivery.