I SQUARED CAPITAL CREATES ONE OF THE LARGEST FULL-SERVICE TRAILER LESSORS IN THE UNITED STATES
OHIO AND NEW JERSEY- SEPTEMBER 6, 2023: Star Leasing Company, a leading provider of trailer leasing and maintenance services and a portfolio company of I Squared Capital, announced today that it has signed an agreement to combine with Commercial Trailer Leasing (CTL), a full-service trailer lessor with a fleet size of over 19,000 assets serving both national and regional account customers throughout the United States. In conjunction with Star Leasing’s recent combination with North East Trailer Services (NETS), a leading trailer lessor with a fleet of over 10,000 trailers, the combined company will be one of the largest trailer lessors in the United States. The combined fleet size will be approximately 55,000 trailers by year-end with branches in the Northeast, Midwest, Southeastern, and Western regions of the U.S. The combined companies provide a full-suite of services including rentals, maintenance, trailer sales and integrated leasing to its customers, predominantly under long-term contracts.
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STAR LEASING COMPANY, LLC ACQUIRES COOLING CONCEPTS, LLC
COLUMBUS, OHIO – MAY 9, 2022: Star Leasing Company, LLC, a leading semi-trailer lessor in the U.S. and a portfolio company of I Squared Capital, has acquired Cooling Concepts, LLC, a refrigerated semi-trailer leasing company with customers in over 30 states.
The transaction is accretive to Star’s core business, expanding its footprint, refrigerated trailer fleet, and overall reach within the marketplace. Star’s reputation for providing long-term, customized full-service leases is very synergistic to Cooling Concepts’ business model. Both teams have a long history of providing tailored solutions for each customer’s needs and challenges in their respective areas of focus.
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TRUCK-LITE ANNOUNCES AGREEMENT WITH STAR LEASING
COLUMBUS, OHIO – March 13, 2020 – Truck-Lite Co., LLC, a worldwide leader in LED lighting, telematics, engine protection, safety, and visibility systems, has entered an agreement with Star Leasing Co. to supply LED lighting and harnessing products as standard equipment on new trailer builds and to integrate the Road Ready telematics system into the fleet’s new and existing trailers.
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