Deals·October 19, 2026 at 6:24 AM EDT·2 sources
Ares Buys Rail Firm Infinity From KKR for $2.9 Billion: WSJ
acquisition, log scale$2.9B
$100M$1B$10B$100B
What happened
- Ares Management agreed to buy railcar-leasing company Infinity Transportation from KKR for $2.9 billion, the Wall Street Journal reported.
Transaction value
$2.9 billion
Why it matters
The transaction highlights private-equity activity in railcar leasing and is relevant to sponsors, private equity and industrials professionals.
Deal terms
acquisition
Ares Management Corp. → Infinity Transportation
Value
$2.9B
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Timeline
- First reported by BloombergOct 19Ares Buys Rail Firm Infinity From KKR for $2.9 Billion: WSJ
- PE Hub reportsOct 19KKR inks $2.9bn sale of railcar lessor Infinity Transportation to Ares
Who is involved
acquiringAres Buys Rail Firm Infinity From KKR for $2.9 Billion: WSJInfinity TransportationtargetAres Management Corp.buyerKKR & Co.
CompanyInvestorThe deal
Sources (2)
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