ITE Management L.P., a leading alternative asset manager focused on industrial transportation and infrastructure, has 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.
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.
Jennifer Polli, managing director and Head of Intermodal at ITE, noted that global freight flows span both land and sea, describing tank containers as operating like a railcar over the ocean and a natural extension of ITE’s core focus and intermodal strategy. She characterized it as a high-demand, global specialty market where operating expertise and fleet quality are critical, and said the acquisition strengthens ITE’s ability to deliver integrated solutions across transportation.
Frank Vaughan, CEO of CS Leasing, said ITE brings deep operational insight, long-term alignment, and a shared commitment to fleet quality and execution. He added that the partnership strengthens CS Leasing’s ability to deliver for customers by expanding access to specialized containers through flexible leasing and ownership solutions.
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.
For more information visit www.itemgmt.com
