Fortress Transportation and Infrastructure Investors files for a $100 million IPO


Shutterstock photo

Fortress Transportation and Infrastructure Investors, which owns and acquires transportation infrastructure assets and is externally managed by private equity firm Fortress, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The New York, NY-based company, which was formed in 2013 and booked $12 million in sales for the 12 months ended September 30, 2013, plans to list on the NYSE. Fortress Transportation and Infrastructure Investors initially filed confidentially on October 30, 2013. Barclays and Deutsche Bank are the joint bookrunners on the deal. No pricing terms or ticker were disclosed.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , IPOs

More from Renaissance Capital


Renaissance Capital

Renaissance Capital

Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by