Apax Funds to Sell Boasso Global to KKR
Summary
Boasso provides mission-critical logistics services to the global chemical and food grade supply chains through a network of 34 strategically located depots across North America and Western Europe. The Company’s full suite of ISO tank transportation and depot services are trusted by a diversified group of long-term customers. We also look forward to beginning our new strategic partnership with KKR.” Ashish Karandikar, Partner at Apax, said, “ We are very proud of what the Boasso team has accomplished over the past seven years, advancing the company’s record of excellence and executing a well-defined strategy. “ Boasso utilizes its network of assets to provide essential services to operators of ISO tanks, facilitating the efficient and safe flow of chemical and food grade products that are critical to the global economy,” said Dash Lane, Partner on KKR’s Infrastructure Team. Boasso offers a multitude of mission-critical services through a network of 34 international depots, including 17 in North America, 8 in the United Kingdom, and 9 in Continental Europe.