Basalt Infrastructure Partners

• Basalt Infrastructure Partners to Acquire RELAM (Rail Maintenance Equipment Leasing) from Paceline Equity Partners

  May 11, 2026

  Buyer

  Basalt Infrastructure Partners, Basalt Infrastructure Partners (acquisition vehicle/affiliates)

  Target

  RELAM (R.E.L.A.M., Inc.)

  Seller

  Paceline Equity Partners

  Industry

  Industrial Services

  Location

  Ohio, United States

  Type

  Buyout

  Basalt Infrastructure Partners has agreed to acquire RELAM, a North American lessor of maintenance-of-way and hi-rail equipment, from Paceline Equity Partners. The companies did not disclose financial terms, and the transaction is expected to close by the end of May 2026, subject to customary conditions.

• Fortbrand Acquires Xcēd Aviation Services from Sasser

  July 17, 2025

  Buyer

  Fortbrand Services LLC, Basalt Infrastructure Partners LLP (funds advised by)

  Target

  Xcēd Aviation Services LLC

  Seller

  Sasser, Inc.

  Industry

  Transportation

  Location

  Illinois, United States

  Type

  Addon

  Fortbrand Services LLC, a portfolio company owned by funds advised by Basalt Infrastructure Partners LLP, has acquired Xcēd Aviation Services LLC from Sasser, Inc. The acquisition expands Fortbrand's GSE and AME leasing footprint — creating a combined fleet of over 4,900 pieces of equipment across more than 190 airports — and is intended to enhance service capabilities for airlines, airports, ground handlers and cargo operators.

• Basalt Infrastructure Funds Acquire AEP OnSite Partners from American Electric Power

  September 30, 2024

  Buyer

  Basalt Infrastructure Partners (funds advised by Basalt Infrastructure Partners LLC)

  Target

  AEP OnSite Partners

  Seller

  American Electric Power (AEP)

  Industry

  Energy

  Location

  Ohio, United States

  Type

  Divestiture

  Funds advised by Basalt Infrastructure Partners LLC have completed the acquisition of AEP OnSite Partners from American Electric Power (AEP). AEP nets approximately $318 million in cash after taxes, transaction fees and customary adjustments; the sale received required regulatory clearances including FERC and HSR approvals.

• Basalt Infrastructure Partners Acquires Fortbrand Services from Wincove Private Holdings

  September 15, 2023

  Buyer

  Basalt Infrastructure Partners

  Target

  Fortbrand Services LLC

  Seller

  Wincove Private Holdings, L.P., Other investors

  Industry

  Transportation

  Location

  New York, United States

  Type

  Buyout

  Funds advised by Basalt Infrastructure Partners have acquired Fortbrand Services LLC from a fund managed by Wincove Private Holdings and other investors. Fortbrand is an asset-backed ground support equipment (GSE) and airport maintenance equipment (AME) lessor serving airlines, airports, cargo companies and FBOs across the United States, United Kingdom and Canada; Basalt said it will support the company's next stage of growth and asset-base expansion.

• Basalt Infrastructure Partners Acquires Fatbeam from SDC Capital Partners

  May 31, 2023

  Buyer

  Basalt Infrastructure Partners

  Target

  Fatbeam Holdings, LLC

  Seller

  Fund managed by SDC Capital Partners, Other investors

  Industry

  Telecommunications

  Location

  Idaho, United States

  Type

  Buyout

  Funds advised by Basalt Infrastructure Partners have closed the acquisition of Fatbeam Holdings, LLC from a fund managed by SDC Capital Partners and other investors. Fatbeam is a fiber broadband provider operating ~1,250 route miles across the western United States; Basalt said it will partner with management to continue the company’s growth and expand connectivity to education, commercial, carrier, and government customers.

• Basalt Infrastructure Partners Acquires Unilode Aviation Solutions from EQT Infrastructure

  July 2, 2021

  Buyer

  Basalt Infrastructure Partners LLP

  Target

  Unilode Aviation Solutions

  Seller

  EQT Infrastructure II (EQT Infrastructure)

  Industry

  Transportation

  Location

  Switzerland

  Type

  Divestiture

  Basalt Infrastructure Partners has agreed to acquire Unilode Aviation Solutions from the EQT Infrastructure II fund. Unilode, headquartered in Zurich, Switzerland, is the global market leader in unit load device (ULD) leasing and associated maintenance and digital services; the deal is expected to close in Q3 2021 as a portfolio divestiture by EQT.

• Basalt Infrastructure Partners Acquires Xpress Natural Gas

  February 1, 2021

  Buyer

  Basalt Infrastructure Partners

  Target

  Xpress Natural Gas

  Industry

  Energy

  Location

  Massachusetts, United States

  Type

  Buyout

  Basalt Infrastructure Partners' Basalt III fund has entered into a definitive agreement to acquire Xpress Natural Gas (XNG), a provider of compressed natural gas (CNG) and virtual-pipeline services operating in the United States and Canada. The deal — terms undisclosed and subject to customary closing conditions — will give XNG access to Basalt's capital and operational resources to support its growth across utility, commercial, industrial and virtual pipeline markets.

• Basalt Acquires Third Coast Midstream's Natural Gas Transmission Business (Black Bear Transmission)

  December 10, 2019

  Buyer

  Basalt Infrastructure Partners

  Target

  Black Bear Transmission (formerly Third Coast Midstream's natural gas transmission business)

  Seller

  Third Coast Midstream LLC

  Industry

  Energy

  Location

  Texas, United States

  Type

  Divestiture

  A fund managed by Basalt Infrastructure Partners completed the acquisition of Third Coast Midstream LLC's natural gas transmission business, which will be rebranded as Black Bear Transmission. The assets include seven regulated 'last-mile' pipelines (~550 miles, >1,600 MDth/day capacity) serving utilities and industrial customers across the Southeast United States; terms were not disclosed.

Related Acquisition Pages