ITE Management Expands Intermodal Platform With Acquisition of CS Leasing

NEW YORK, April 1, 2026 /PRNewswire/ -- ITE Management L.P., a leading alternative asset manager focused on industrial transportation and infrastructure, today announced the acquisition of CS Leasing Holding PTE Ltd. ("CS Leasing"), a global container lessor, specializing in ISO (International Organization of Standardization) tank containers and dry freight specials, with approximately 55,000 units deployed across four continents. The transaction was completed through ITE's managed funds (collectively, "ITE" or "ITE Management").

By adding ISO tank containers and dry freight specials to its existing portfolio of rail, chassis, dry container, and aviation assets, ITE expands its presence across key freight transportation sectors. CS Leasing serves chemical, industrial, and logistics markets where fleet quality, safety, and operational reliability are critical, reinforcing ITE's focus on operationally intensive transportation infrastructure.

"Global freight flows span both land and sea, where tank containers operate as a railcar over the ocean and serve as a natural extension of both ITE's core focus and our intermodal strategy," said Jennifer Polli, Managing Director and Head of Intermodal at ITE. "This is a high-demand, global specialty market where operating expertise and fleet quality are critical, and CS Leasing strengthens our ability to deliver integrated solutions across transportation."

"ITE brings deep operational insight, long-term alignment, and a shared commitment to fleet quality and execution," said Frank Vaughan, CEO of CS Leasing. "This partnership strengthens our ability to deliver for customers, expanding access to specialized containers through flexible leasing and ownership solutions they rely on."

The acquisition follows ITE's purchase of Milestone Chassis and reflects continued investment in the intermodal sector as global logistics demand greater flexibility and coordination across modes.

Advisors

Morgan Stanley & Co. LLC acted as financial co-advisor to ITE, and Willkie Farr & Gallagher LLP served as legal counsel to ITE. Fox Rothschild LLP served as legal counsel to CS Leasing.

About ITE Management L.P.

ITE Management L.P. is a global alternative investment firm that helps keep the world's supply chains moving. Founded in 2014, ITE owns and operates nearly $11.5 billion of industrial infrastructure assets across rail, intermodal, air, and various transportation verticals, as of April 2026. The firm focuses on essential-use, long-lived assets and aims to achieve stable lease profiles and long-term contracts that deliver durable, diversified value. ITE blends operational expertise, data intelligence, and sector knowledge to support the future of global transportation. For more information, please visit www.itemgmt.com or follow the company on LinkedIn.

About CS Leasing

CS Leasing is a global container lessor specializing in ISO tank containers and dry freight specials. Leveraging its global platform, the company provides innovative leasing and ownership solutions to over 200 customers across diversified end markets, including chemicals, food, industrial, and mining.

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SOURCE ITE Management L.P.