KKR has agreed to sell Infinity Transportation to Ares Management at an enterprise value of approximately $2.9 billion. Based in Atlanta, Infinity is a full-service railcar and intermodal equipment lessor owning approximately 50,000 railcars leased to over 350 lessees across North America. The deal is expected to close in Q1 2027. Since 2021, Infinity has built a standalone operating platform and expanded its fleet, increasing its book value by 150 percent. Ares plans to use its infrastructure investing capabilities to support Infinity's management team, fleet growth, and customer relationships across North America, pursuing new acquisition opportunities.
In September, PE Hub senior reporter Obey Martin Manayiti highlighted six deals in the rail services sector in 2026, noting pent-up demand driving PE interest. Meanwhile, the software-as-a-service sector has seen increased take-private activity amid AI-driven market concerns. In the past week, Thoma Bravo agreed to acquire Proofpoint in an all-cash deal valued at about $6.3 billion. A consortium led by GTCR and including Elliott Investment Management agreed to acquire CCC Intelligent Solutions for an enterprise value of approximately $6.1 billion. Francisco Partners also agreed to an acqui-hire in August. PE Hub has observed a handful of take-private deals in the sector throughout 2026, indicating continued PE activity despite market volatility.
PEI Private Equity today announced the launch of PEI Private Equity, a new platform dedicated to private equity deal flow and intelligence.
Source: PE Hub · Summarized by HeadlinesBriefing