KKR agrees to sell railcar lessor Infinity to Ares for $2.9B

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Go back to KKR agrees to sell railcar lessor Infinity to Ares for $2.9B

KKR to Sell Infinity Transportation to Ares for $2.9 Billion

October 19, 2026 6:50 AM EDT

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) and Ares Management Corporation (NYSE: ARES) (Ares) today announced a definitive agreement under which KKR will sell Infinity Transportation (Infinity or the Company), a scaled, full-service railcar and intermodal equipment lessor, to Ares Infrastructure Equity and Ares Insurance Solutions funds for an enterprise value of approximately $2.9 billion. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the first quarter of 2027.

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