Transportation & Infrastructure

The Fortress Transportation & Infrastructure team invests in essential assets and businesses throughout the transportation ecosystem including the aviation, shipping, rail, trucking, intermodal and logistics sectors.

We focus on opportunities with high quality assets or business models with stable, predictable cash flows at attractive valuations and conservative capital structures. We seek to partner with experienced management teams and sponsors to maximize the growth potential of each investment. Our experience allows us to take a flexible approach with an ability to invest in any part of the capital structure.

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20+ Years Average Industry Experience*
$4 billion Capital Invested Across Debt and Equity
80+ Transactions Across Debt and Equity

As of December 31, 2023.

* Represents the average years of industry experience for senior members of the Transportation & Infrastructure team.

"Our deep experience throughout the transportation and infrastructure space combined with our ability to invest anywhere in the capital structure enables us to present creative and attractive capital solutions to management teams, sponsors and other owners looking to grow their businesses."

Jonathan Atkeson

Managing Director, Transportation & Infrastructure

Investment Types

Illustrative Chart for Unique Solutions Across a Range of Structures

Target Sectors

Aviation / Aerospace
Shipping
Rail
Trucking
Intermodal
Infrastructure
Logistics
Offshore

Investment Flexibility

We can invest anywhere in the capital structure from senior debt to equity

Partnership

We focus on partnering with proven operators and sponsors

Limited Leverage

We seek to avoid reliance on leverage or financial engineering

Track Record

We have deep experience building operating & servicing platforms alongside management teams

Case Studies

Dasi, LLC

In 2017, Fortress made an investment in DASI, LLC, a leading provider of surplus inventory solutions for airlines and maintenance and repair organizations. The investment consisted of a minority equity investment as well as funding for the acquisition of surplus inventory packages. Fortress exited its investment in DASI in 2023 through a sale of its interests to Marubeni Corporation.

ISO Tank Service Provider

Fortress provided debt capital to a leading provider of mission critical transportation and depot services for the ISO chemical tank container industry. Fortress worked with the financial sponsor on an expedited financing process to enable additional acquisitions.

Cardinal Logistics

Fortress provided a senior secured term loan to an affiliate of HIG Capital to support the recapitalization of Cardinal Logistics, a leading provider of dedicated transportation and logistics services in North America. The company’s dedicated contract carriage offering provides fully outsourced solutions to customers seeking to lock in a dedicated fleet and drivers, ensuring exceptional service. Fortress exited its investment in Cardinal when Ryder System Inc. acquired the company in early 2024.

U.S. Airport Terminal Project

In 2023, Fortress made a structured equity investment to help support the construction and build out of a new terminal facility at a major U.S. airport. Fortress partnered with the existing sponsors and management team to provide support on the construction, financing and commercial business plan.

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