I Squared Capital to Combine American Intermodal Management With FlexiVan to Become a Leader in Marine Chassis Leasing Across the U.S.

I Squared Capital to Combine American Intermodal Management With FlexiVan to Become a Leader in Marine Chassis Leasing Across the U.S.

I Squared Capital to Combine American Intermodal Management With FlexiVan to Become a Leader in Marine Chassis Leasing Across the U.S.

American Intermodal Management (AIM), a U.S.-based marine chassis lessor and a portfolio company of I Squared Capital, has signed an agreement to merge with FlexiVan Leasing, the third largest marine chassis provider in the U.S., owned by Castle & Cooke. I Squared Capital will assume a controlling interest in FlexiVan with Castle & Cooke maintaining a minority interest in the combined business. FlexiVan is one of the three leading companies in the sector with over 60 years of operating history, ...