InstarAGF buys auto processor Amports from Lincolnshire
InstarAGF Asset Management has acquired Amports Inc, an automotive port logistics and processing company based in Jacksonville, Florida. No financial terms were disclosed. The seller was Lincolnshire Management, a U.S. private equity firm. Lincolnshire bought the company from Highstar Capital in 2014. Operating from facilities in the United States and Mexico, Amports offers portside services in vehicle processing, including loading and unloading, inspection, storage, installations, customizations, repairs and distribution services. Toronto-based InstarAGF is investing from InstarAGF Essential Infrastructure Fund, which raised $740 million last year.
3 April 2018•3 mins read
