ITE Management L.P. Acquired North American Chassis Pool Cooperative (“NACPC”)

ITE Management L.P. (“ITE”), a leading alternative asset manager focused on industrial transportation and infrastructure, has acquired North American Chassis Pool Cooperative (“NACPC”), further scaling its premium North American chassis platform to more than 60,000 assets with national scale and broad market coverage for intermodal customers. SMG’s Transportation & Logistics Group acted as the exclusive financial advisor to ITE. NACPC is an established and trusted provider of premium chassis serving major intermodal markets across North America. Its addition brings more than 20,000 chassis to ITE’s platform, strengthening its presence across key freight corridors and expanding the range of leasing solutions available to customers.

Led by L. Price Blackford, SMG’s Transportation & Logistics Group is comprised of experienced professionals with extensive expertise in providing logistics and transportation financial services. Clients that these professionals have provided strategic financial advice to include publicly traded and privately held companies and private equity firms. The group’s transaction experience includes transportation advisory services assignments in mergers and acquisitions, divestitures, valuations and strategic advisory as well as capital markets assignments in both the public and private markets.

SMG Securities, an independent investment bank, provides advisory services on mergers and acquisitions, valuation and debt and equity financing to businesses throughout the middle market.