Key Takeaways
- • KKR & Co. has agreed to sell Infinity Transportation to business units of Ares Management at an enterprise value of approximately $2.9 billion, according to Law360.
- • The transaction was announced Monday, October 19, 2026, per the report.
- • Simpson Thacher & Bartlett LLP and Kirkland & Ellis LLP steered the deal, with the firms' roles in advising the parties named in the report.
- • The deal represents a private-markets exit for KKR and an acquisition by Ares business units in the transportation sector.
Summary
KKR & Co. has agreed to sell Infinity Transportation to business units of Ares Management for an enterprise value of approximately $2.9 billion, the private equity firms said Monday, according to Law360. The transaction was steered by Simpson Thacher & Bartlett LLP and Kirkland & Ellis LLP.
The report is brief and does not disclose additional terms, including the equity or debt split, the closing timeline, regulatory conditions, or the specific Ares vehicles acquiring the asset. The enterprise value figure is described as approximate, and the report does not provide Infinity Transportation's revenue, EBITDA, or operating footprint.
For allocators, the transaction is a secondary sale between two large alternative asset managers, indicating continued appetite among large private equity and credit platforms for transportation-sector assets at multi-billion-dollar valuations. Further details on financing structure and closing would be needed to assess the deal's return profile.
The report is brief and does not disclose additional terms, including the equity or debt split, the closing timeline, regulatory conditions, or the specific Ares vehicles acquiring the asset. The enterprise value figure is described as approximate, and the report does not provide Infinity Transportation's revenue, EBITDA, or operating footprint.
For allocators, the transaction is a secondary sale between two large alternative asset managers, indicating continued appetite among large private equity and credit platforms for transportation-sector assets at multi-billion-dollar valuations. Further details on financing structure and closing would be needed to assess the deal's return profile.
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