Private equity firm CVC DIF is selling its transportation infrastructure platform American Roads to John Laing. The deal involves American Roads' portfolio of toll bridges, including operations in Alabama and the Detroit-Windsor Tunnel. This transaction marks another significant move in the infrastructure investment space.

American Roads operates critical transportation assets that generate steady cash flows through toll revenues. The Detroit-Windsor Tunnel connects Detroit, Michigan with Windsor, Ontario, serving as a vital international trade route. The Alabama toll bridges form part of the state's transportation network.

John Laing, a UK-based infrastructure investor, has been actively expanding its North American portfolio. The acquisition of American Roads aligns with its strategy to acquire essential transportation infrastructure assets. Terms of the deal were not disclosed in the initial announcement.