All Carlyle Group articles
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ArticleUnited Road acquires Fleet Car Carriers
US finished vehicle haulier United Road Services along with its owner, The Carlyle Group, and other investors has acquired Colorado-based Fleet Car Carriers for an undisclosed sum.Based in Romulus, Michigan, United Road will now operate out of more than 90 locations and is projected to move more than 4.5m new, ...
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ArticleAnderson replaces McCann as CEO at United Road
Marc Anderson (pictured) is taking over as CEO of US finished vehicle haulier, United Road Services. He replaces Kathleen McCann, who will move to the role of executive chairman in January.Anderson, who joined the company as chief operating officer in 2014 from Inland Industrial Services, added the role of president ...
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ArticleAMP Capital buys ITS ConGlobal from Carlyle Group
AMP Capital, an Australian investment firm with over $137 billion in funds under management, has completed its largest ever North American deal, buying logistics company ITS ConGlobal (ITSC) from the Carlyle Group for an undisclosed sum.A Reuters report suggested the deal was worth more than $500m, citing unnamed sources.The company ...
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ArticleUS car carriers: Driven to deliver
The US car market is forecast to contract slightly over the next two to three years, with sales set to fall from a high of 17.8m this year to around 16.3m in 2019, according to figures from industry analyst PwC. As OEMs cope with swelling inventory, the car carrier sector ...