December 31, 2012
New York, NY - December 31, 2012 - W.G. Nielsen & Co., a leading investment banking firm headquartered in Denver, announced today that it acted as financial advisor to Seaborne Intermodal in the acquisition of 275,000 shipping containers from Buss Capital. Seaborne Intermodal is a subsidiary of Intermodal Holdings LP, an entity recently formed by Lindsay Goldberg, a private equity firm, to invest in intermodal assets. Seaborne Intermodal acquired the containers from Buss Global Container Funds 2 and 3 for a purchase price of approximately $420 million. Dr. Dirk Baldeweg, Managing Partner at Buss Capital, commented, "THIS DEAL IS THE BIGGEST FUND CONTAINER SALE, BY A CLOSED-END FUND, THAT HAS EVER TAKEN PLACE."
About Lindsay Goldberg Lindsay Goldberg is a New York based private equity investment firm that focuses on investing in well managed business and actively helping to build long term value. Their team of 21 investment professionals has collectively completed over 120 transactions, with an aggregate value of over $15 billion, across a wide variety of industries. For more information, please visit www.lindsaygoldbergllc.com.
About Buss Capital Buss Capital is an investment house with focus on shipping, logistics and real estate. To date, Buss Capital has issued 32 public funds and private placements in which approximately 33,000 investors have invested roughly 820 million Euros. The investment volume totals 2.7 billion Euros. Buss Capital is headquartered in Hamburg and has a subsidiary in Singapore. The investment house is part of the Hamburg Buss Group founded in 1920 and is a member of German KG house association VGF Verband Geschlossene Fonds e.V.