Ares Management has agreed to acquire Infinity Transportation Equipment Leasing from KKR at an enterprise value of approximately $2.9 billion, according to a LinkedIn post announcing the transaction.
The post said the Leo Berwick team provided tax advisory and financial due diligence services in support of Ares on the transaction. It named Steven Hurowitz, Amélie Perron, Jan Michael Skidds, John Troth, Jeremy Bari, Lily Lagou, Ari Sky, Morgan Ziegler, Colleen Higgins and Yash Sharma as members of that team.
The source did not state a closing date or other terms of the agreement.