Blackstone Invests In Carrix

Blackstone invests in Carrix.
   
Funds associated with Blackstone Infrastructure Partners invested in Carrix, the biggest marine terminal operator in the U.S. and the Americas.
    
Carrix is the parent company of SSA Marine with collective operations at over 250 port and rail locations worldwide.  This includes 16 container terminals in Long Beach, Oakland, Seattle, Tacoma, Panama, Mexico, Chile, Colombia, and Vietnam.
   
Jon Hemingway of Carrix said: ‘We are happy that BIP has invested in Carrix and will be working with us to continue our on-going growth and development.  Along with its affiliates, BIP brings a network of highly skilled and experienced people, global relationships, ability in a diverse array of businesses, and myriad capabilities to apply.  When combined with our experience in the port industry and infrastructure development, we have broadened what our shareholders and directors can do to support Carrix and its management team.”
   
Sean Klimczak of Blackstone said: ‘Since its founding in 1949, the Carrix team has built the leading ports business in the Americas, with a strong track record of growth and innovation.  We are excited to partner with the two existing shareholder families to support the expansion of Carrix.  This platform investment fits well with our strategy of developing partnerships with industry leaders behind whom we can continue to invest more capital for decades to come.’

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