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Oaktree buys into Rand Logistics

Private equity firm American Industrial Partners is selling a significant minority stake in Great Lakes shipping firm Rand Logistics to Oaktree Capital Management’s Transportation Infrastructure Investing Group.Following the acquisition and integration of American Steamship Company in May 2020, Rand now operates 24 vessels between key destinations across the Great Lakes and St. Lawrence Seaway. Annually, …

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Private equity firm American Industrial Partners is selling a significant minority stake in Great Lakes shipping firm Rand Logistics to Oaktree Capital Management’s Transportation Infrastructure Investing Group.Following the acquisition and integration of American Steamship Company in May 2020, Rand now operates 24 vessels between key destinations across the Great Lakes and St. Lawrence Seaway. Annually, …

[post_title] => Oaktree buys into Rand Logistics [post_excerpt] => Private equity firm American Industrial Partners is selling a significant minority stake in Great Lakes shipping firm Rand Logistics to Oaktree Capital Management’s Transportation Infrastructure Investing Group.Following the acquisition and integration... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => oaktree-buys-into-rand-logistics [to_ping] => [pinged] => [post_modified] => 2021-02-18 07:13:36 [post_modified_gmt] => 2021-02-18 07:13:36 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=136463 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )