We represent a wide cross-section of the transportation industry, including passenger and freight rail, passenger and freight shipping lines, trucking companies, limousine fleets, highway service operators, and private equity funds and other investors in the industry.
Experience
- Chantiers de l'Atlantique (formerly STX France) in connection with the following:
- the shipbuilding contract and construction financing of two new LNG-powered World Class cruise ships and one new extended Vista-Class cruise ship ordered by MSC Cruises.
- the shipbuilding contract and construction financing of two new Edge class cruise ships and one new Oasis class cruise ship ordered by Royal Caribbean Cruises Ltd.; the transaction won the award for “Best ECA-Backed Shipping Financing 2018” by Trade & Export Finance magazine.
- CMA CGM in connection with the following:
- its €1.05 billion loan arranged by a consortium of three banks (BNP Paribas, HSBC and Société Générale) as part of France's state-guaranteed loan scheme established in response to the COVID-19 pandemic.
- the financing of the tender offer on CEVA Logistics AG.
- the financing of the tender offer on Neptune Orient Lines.
- the sale and leaseback of vessels with various leasing houses.
- the financing of the acquisition of certain new build vessels in connection with tax lease arrangements, mortgage loans or sale and leaseback transactions.
- the restructuring of its indebtedness.
- Tours-Bordeaux SEA high-speed line on the €2.2 billion refinancing concessionaire’s (LISEA) debt – the largest refinancing of an infrastructure project in France.
- TUI, the German multinational travel and tourism company, on its convertible bond issue, placed by HVB, Citi and Deutsche Bank.
- Alpega Group, a leading global logistics software company based in Belgium, in its acquisition of wtransnet, the leading freight exchange in Spain and Portugal.
- American Railcar Industries, Inc. in the $430 million sale of its manufacturing business to Greenbrier Companies, Inc. by ITE Management L.P.
- American Trailer Rental Group and its Board of Directors in the acquisition of Advantage Trailer Leasing, a semi-trailer and storage container rental business.
- Blue Wolf Capital Partners LLC in its approximately $1.2 billion take-private acquisition of LOGISTEC Corporation.
- Capstreet Group in its majority recapitalization and subsequent sale of a majority stake in portfolio company PCS Software, a leading transportation management platform provider, to LLR Partners.
- Carrix in the acquisition of Ceres Terminals.
- Carrix, the largest privately held marine container terminal operator in the world, in a growth-oriented investment by funds affiliated with Blackstone Infrastructure Partners.
- CMA CGM Group in the following transactions:
- its €5 billion acquisition of Bolloré Logistics.
- its acquisition of a 25% stake in CEVA Logistics AG, a global leading player in the logistics sector, reinforcing its presence in the logistics sector.
- its $2.3 billion acquisition of Fenix Marine Services, one of the largest U.S. port terminals.
- its acquisition of two major terminals in the Port of New York and New Jersey from GCT Global Container Terminals Inc.
- its acquisition of GEFCO, a European leader in automotive logistics.
- its acquisition of most of Ingram Micro’s Commerce & Lifecycle Services business, valued at $3 billion.
- CMA CGM Group and Air France-KLM Group in their long-term strategic partnership in the air cargo market.
- EG Acquisition Corp., a special purpose acquisition company sponsored by EnTrust Global and GMF Capital, in its business combination with flyExclusive, a leading private jet company.
- Frontline Road Safety, a subsidiary of The Sterling Group, in its acquisition of Griffin Pavement Striping.
- Frosch Travel Group, a corporate and luxury travel agency, in its sale to JPMorgan Chase & Co.
- Galata Acquisition Corp., a special purpose acquisition company led by Callaway Capital, in its business combination with Marti Technologies Inc., Turkey’s leading mobility app.
- GSM Maritime Holdings, LLC, a portfolio company of The Capstreet Group, in GSM’s sale to Logistec Corporation.
- Insight Partners in the following transactions:
- in connection with an additional $42 million investment in Sedna, a communication platform for the maritime industry.
- its investment in Aptean, a leading provider of enterprise resource planning and supply chain software.
- its minority investment, together with Five Arrows, in Kpler.
- its Series A investment in TL Digital Solutions GmbH (TradeLink), the operator of a supply chain collaboration platform.
- BofA Securities and Morgan Stanley & Co. LLC, as financial advisors to Kansas City Southern, in connection with KCS’s $31 billion combination with Canadian Pacific Railway Limited.
- Irenic Capital Management in the $5.2 billion take-private acquisition, alongside Apollo Global Management, of Arconic Corporation.
- Monarch in the takeover offer by a Volkswagen-led consortium of Europcar Mobility Group via a cash tender offer.
- Odinsa S.A., a major developer of transportation projects in South America, in the sale of a 50% stake in certain of its toll road assets to a Macquarie Asset Management fund to establish a new infrastructure platform.
- PAI Partners in its acquisition alongside Baring Private Equity Asia, of World Freight Company International, the global leader in the General Sales and Service Agent market, from Greenbriar Equity Group.
- Solaris Bus & Coach, a European manufacturer of public transportation vehicles, in its acquisition by multinational transportation group CAF.
- The Sterling Group in its establishment of Frontline Road Safety, a new platform formed to build a national leader in the U.S. road safety industry, and the completion of the acquisition of Stripe-A-Zone, Inc. as the first member of the Frontline family of companies.