Private equity creates 55,000-unit trailer leasing portfolio

Private equity firm I Squared Capital has created one of the largest trailer lessors in the U.S. One of the firm’s portfolio companies, Star Leasing, has combined with Commercial Trailer Leasing (CTL).

New Jersey-based CTL is a trailer leasing company with more than 19,000 units. The company’s fleet consists of dry vans, reefers, liftgates and chassis that are committed to national and regional customers. The company also provides trailer maintenance services.

Ohio-based Star Leasing recently...

https://www.freightwaves.com/news/private-equity-creates-55000-unit-trailer-leasing-portfolio