Stonepeak to Acquire Textainer Group Holdings for $7.4 Billion

Textainer/Stonepeak Portfolio Vehicle Acquires Seaco (Global Sea Containers) from Bohai Leasing

December 16, 2025

Transportation

Typewriter Ascend Ltd, controlled by Stonepeak and an affiliate of Textainer, agreed to acquire Global Sea Containers Limited (“Seaco”) from Bohai Leasing Co., Ltd for $1.75 billion (subject to adjustments). The acquisition subsequently closed, combining Seaco’s container fleet with Textainer to create a larger, more diversified container leasing platform.

Stonepeak Infrastructure Partners Acquires TRAC Intermodal

February 18, 2020

Transportation

Stonepeak Infrastructure Partners has signed a binding agreement to acquire TRAC Intermodal from investment funds managed by an affiliate of Fortress Investment Group LLC. The purchase gives Stonepeak a leading intermodal infrastructure platform—TRAC will keep its existing management team and continue operating its nationwide chassis fleet and service businesses under the new sponsor.

Stonepeak to Acquire 75% of IOR

April 15, 2025

Energy

Stonepeak entered into an agreement to acquire a 75% interest in IOR, an integrated commercial fuel distribution and logistics provider in Australia. The transaction is expected to close in the second half of 2025, subject to regulatory approvals.

Stonepeak Completes Acquisition of Air Transport Services Group (ATSG)

November 4, 2024

Transportation

Stonepeak completed its all-cash acquisition of Air Transport Services Group (ATSG) for an enterprise valuation of approximately $3.1 billion. ATSG shareholders received $22.50 per share in cash and ATSG’s common shares ceased trading and delisted from NASDAQ.

Stonepeak Acquires Fleet Companies

November 19, 2024

Transportation

Stonepeak, a New York-based alternative investment firm, has acquired Fleet Companies, a regional trailer dealership and leasing company headquartered in Memphis, Tennessee. Fleet will serve as the seed asset for a national trailer platform Stonepeak plans to build across the U.S.; terms were not disclosed and the deal has closed.

Stonepeak and Spirit Super Acquire GeelongPort

April 26, 2023

Logistics & Distribution

Stonepeak (70%) and Australia's Spirit Super (30%) have completed their acquisition of GeelongPort Pty Limited from Brookfield and SAS Trustee Corp. The transaction secures control of Victoria’s second-largest port — a diversified landlord port handling significant trade volumes and supporting regional jobs — as Stonepeak expands its infrastructure footprint in Australia.