Wafra Acquires Contract Leasing Corporation

August 2, 2022

Funds advised by Wafra Inc. have acquired Contract Leasing Corporation (CLC), a New Jersey-based regional trailer and intermodal chassis lessor. Wafra will partner with CLC’s founder and CEO Michael Goor, who will remain CEO and a significant shareholder, to accelerate growth, expand geographic reach, and enhance service capabilities.

Buyers
Wafra Inc.
Targets
Contract Leasing Corporation
Location
New Jersey, United States
Transaction Type
Buyout

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