TEN (Transportation Equipment Network) reposted this
I Squared is delighted to announce that Mubadala, Qatar Investment Authority and other leading global investors have raised in excess of $600 million for TEN (Transportation Equipment Network). Gautam Bhandari, I Squared CIO and Managing Partners said: "This transaction is a win for TEN, for our investors and for I Squared’s global transportation franchise." Trailers play a critical role in complex supply chain networks by meeting customers’ needs for operational and contractual flexibility. TEN is North America’s second largest full- service trailer lessors with a combined fleet of over 83,000 trailers with locations across most major logistics hubs. Rebranded “TEN” earlier this year, I Squared’s build out of this trailer-leasing platform began in March 2021 with the acquisition of Star Leasing and subsequent acquisitions of Cooling Concepts in May 2022, North East Trailer Services (NETS) in July 2023 and Commercial Trailer Leasing (CTL) in September 2023. The combined group provides services including integrated leasing, maintenance, advanced technological solutions, consultation services and innovative fleet electrification offerings across numerous industry verticals. In building the TEN platform, I Squared has improved purchasing power and clarified strategic objectives for the firm. Since the platform build out started, TEN has now more than quadrupled in size thanks to strong organic growth and this series of tuck-in acquisitions. We are delighted to welcome Mubadala, QIA and our like-minded, long term investors in to this sector-leading business. #infrastructure #investment #trailer #leasing #supplychains #coinvest
Qatar Investment Authority LIKES EVERYTHING EXCEPT TO ANSWER TO ITS AIRLINE OF Qatar AirwaysAND THE SCAM THEY SUPPORTED BY THE STAFF OF Qatar Airways THE SCAM THEY OPERATED ON A 76 YEAR PENSIOER FR JUST XTRA MONEY SOME ON QATAR ITS BEEN 2 YEARS OF MESSAGES FROM YOU THAT ITS UNDER INVESTIGATION WITH ANSWERS SOON BUT THIS RUBBISH ITS WANTS A DISCLAIMER SIGNED TO TAKE THE BLAME FROM THEM
What's next.
Big achievement ,Congratulations
Amazing strides!
Inspiring!
Congratulations!
Sr. Director Global Business Development at International Process Plants & Equipment
1mo🎉 Congratulations, Gautam Bhandari and the entire I Squared Capital team on this remarkable achievement! 🚀 👏💼 Your vision in building out the TEN platform with strategic acquisitions, innovation and fleet electrification is certainly a welcome evolution addressing the needs of the logistics industry. 📈🚛🌿🔋 Looking forward to see what's next for TEN and I Squared! Continue setting the standard in infrastructure investment and transformation. #InfrastructureInvestment #Logistics #PrivateEquity