M&A Deal Summary

Meridiam Acquires Conrac Solutions

On September 13, 2023, Meridiam acquired infrastructure company Conrac Solutions

Acquisition Highlights
  • This is Meridiam’s 1st transaction in the Infrastructure sector.
  • This is Meridiam’s 1st transaction in the United States.
  • This is Meridiam’s 1st transaction in Washington.

M&A Deal Summary
Date 2023-09-13
Target Conrac Solutions
Sector Infrastructure
Buyer(s) Meridiam
Deal Type Add-on Acquisition
Advisor(s) Northborne Partners LLC (Financial)

Target

Conrac Solutions

Renton, Washington, United States
website
Conrac Solutions is a developer and operator of rent-a-car facilities in partnership with airports and the rent-a-car industry across the U.S. Conrac Solutions’ facilities deliver a centralized, more efficient car rental experience for travelers and multiple decongestion and decarbonization benefits to airports, making Conrac Solutions a priority partner for airport authorities and managers. Conrac Solutions is based in Renton, Washington.

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Buyer(S) 1

Buyer

Meridiam

Paris, France

website

Category Company
Founded 2005
Sector Construction
DESCRIPTION

Meridiam is an asset manager that specializes in development, financing, and long-term management of sustainable infrastructure assets in three core sectors: sustainable mobility, critical public services and innovative low carbon solutions. Meridiam was founded in 2005 and is based in Paris, France.

DEAL STATS #
Overall 1 of 1
Sector (Infrastructure) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

Product

Company

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