M&A Deal Summary

Oaktree Capital Management Acquires Consolidated Chassis Management

On October 3, 2023, asset manager Oaktree Capital Management acquired transportation company Consolidated Chassis Management

Acquisition Highlights
  • This is Oaktree Capital Management’s 3rd transaction in the Transportation sector.
  • This is Oaktree Capital Management’s 69th transaction in the United States.
  • This is Oaktree Capital Management’s 2nd transaction in New Jersey.

M&A Deal Summary

Date 2023-10-03
Target Consolidated Chassis Management
Sector Transportation
Buyer(s) Oaktree Capital Management
Deal Type Buyout (LBO, MBO, MBI)

Target

Consolidated Chassis Management

Rockaway, New Jersey, United States
Consolidated Chassis Management is a cooperative chassis pool manager, managing a fleet of approximately 70,000 marine chassis, with a mission to provide equipment fleet management services to the intermodal marketplace. Consolidated Chassis Management is based in Rockaway, New Jersey.

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Buyer(S) 1

DESCRIPTION

Oaktree Capital Management LLP is a global alternative investment firm with a variety of investment strategies spanning corporate debt, convertible securities, distressed debt, control investing, real estate, and public investing. The Firm's control investing group is spread across several disciplines, including Global Principal, European Principal, Power, and Infrastructure. Oaktree was formed in 1995 and is based in Los Angeles.


DEAL STATS #
Overall 106 of 108
Sector (Transportation) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 37 of 37
State (New Jersey) 2 of 2
Country (United States) 69 of 71
Year (2023) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-05 ABC Technologies

Toronto, Ontario, Canada

ABC Technologies is a full-service automotive supplier of blow molded and injection molded thermoplastic components and systems including: center consoles, spoilers, bumper systems, HVAC ducts, filters, fluid reservoirs, and other parts. ABC Technologies was founded in 1974 and is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-01 Saber Power Service

Rosharon, Texas, United States

Saber Power Service is a fully integrated electrical power system services firm offering end-to-end solutions for substations and medium-and high-voltage infrastructure across utility, renewables/battery storage, industrial, and other markets. Saber Power Service was founded in 2010 and is based in Rosharon, Texas.

Sell -