M&A Deal Summary

Seaspan Acquires Greater China Intermodal Investments

On March 14, 2018, Seaspan acquired marine company Greater China Intermodal Investments from The Carlyle Group for 1.6B USD

Acquisition Highlights
  • This is Seaspan’s 1st transaction in the Marine sector.
  • This is Seaspan’s largest (disclosed) transaction.
  • This is Seaspan’s 1st transaction in China.

M&A Deal Summary

Date 2018-03-14
Target Greater China Intermodal Investments
Sector Marine
Buyer(s) Seaspan
Sellers(s) The Carlyle Group
Deal Type Add-on Acquisition
Deal Value 1.6B USD

Target

Greater China Intermodal Investments

Hong Kong, China
Greater China Intermodal Investments LLC is a maritime asset leasing company focused on industrial and intermodal assets related to and integral to growth in Greater China and the Asian region.

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Buyer(S) 1

Buyer

Seaspan

Hong Kong, China

Category Company
Founded 2005
Sector Marine
Employees4,100
Revenue 831M USD (2017)
DESCRIPTION

Seaspan is an independent owner, operator, and manager of containerships. The company provides high-quality, modern vessels with best-in-class operations and innovative ship design. Seaspan provides many of the world’s major container shipping liners with alternatives to vessel ownership by offering long-term leases on large, modern containerships combined with industry-leading ship management services. Seaspan was founded in 2005 and is based in Hong Kong.


DEAL STATS #
Overall 1 of 2
Sector (Marine) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (China) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-21 APR Energy

Jacksonville, Florida, United States

APR Energy provides rapidly deployable, large-scale power and fast-track mobile power to underserved markets and industries. APR Energy's mobile, turnkey power plants help run cities, countries, and industries around the world in both developed and developing markets. APR Energy was founded in 2001 and is based in Jacksonville, Florida.

Buy $750M

Seller(S) 1

SELLER

The Carlyle Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 435.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.

The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.


DEAL STATS #
Overall 349 of 482
Sector (Marine) 3 of 5
Type (Add-on Acquisition) 151 of 199
Country (China) 26 of 32
Year (2018) 6 of 15
Size (of disclosed) 26 of 136
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-05 HCR ManorCare

Toledo, Ohio, United States

HCR ManorCare Inc. is an owner and operator of skilled nursing facilities and assisted living facilities in the U.S.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-27 Nouryon

Amsterdam, Netherlands

Nouryon is a specialty chemical provider markets worldwide rely on essential chemistry in the manufacture of everyday products such as paper, plastics, building materials, food, pharmaceuticals, and personal care items. Nouryon is based in Amsterdam, Netherlands.

Buy €10.1B