M&A Deal Summary

ITE Management Acquires Milestone Equipment - Chassis Leasing Business

On December 15, 2025, infrastructure investor ITE Management acquired automotive company Milestone Equipment - Chassis Leasing Business from Milestone

Acquisition Highlights
  • This is ITE Management’s 2nd transaction in the Automotive sector.
  • This is ITE Management’s 2nd transaction in the United States.
  • This is ITE Management’s 1st transaction in Missouri.

M&A Deal Summary

Date 2025-12-15
Target Milestone Equipment - Chassis Leasing Business
Sector Automotive
Buyer(s) ITE Management
Sellers(s) Milestone
Deal Type Divestiture

Target

Milestone Equipment - Chassis Leasing Business

St. Charles, Missouri, United States
Milestone Equipment's Chassis Leasing Business offers flexible leasing solutions for ocean carriers, shippers, trucking companies, and logistics providers and is based in St. Charles, Missouri.

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Buyer(S) 1

DESCRIPTION

ITE Management is an investment firm that principally targets industrial and transportation assets and companies, and related industries and services. ITE Management is based in New York City.


DEAL STATS #
Overall 2 of 2
Sector: Automotive M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: Missouri M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-12 Trend

Kearny, New Jersey, United States

Trend is a chassis leasing company formed by a group of seasoned intermodal transportation industry professionals. The company provides its customers with multi-loading capacity equipment on a term lease. With a focus on high-touch customer service, it offers alternative leasing solutions to the intermodal industry. Trend is based in Kearny, New Jersey.

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Seller(S) 1

SELLER

Milestone

St. Charles, Missouri, United States

Category Company
Founded 1995
Sector Automotive
DESCRIPTION

Milestone is a trailer, chassis, and container leasing company. Milestone was founded in 1995 and is based in St. Charles, Missouri.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Missouri M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1