FTAI Infrastructure completes USD 45 million acquisition of Tidewater Logistics

Apollo Global Management Inc
FTAI Infrastructure Incorporation

Apollo Global Management Inc

APO

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FTAI Infrastructure Incorporation

FIP

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  • FTAI Infrastructure completed the acquisition of AP Shale Logistics ManagementCo, operating as Tidewater Logistics, for about USD 45 million in cash.
  • The purchase was funded by upsizing its existing term loan with current lenders.
  • Tidewater operates barge and rail transloading assets in Ohio, West Virginia, and Texas.
  • The business is expected to generate about USD 9 million of adjusted EBITDA over the next 12 months.
  • FTAI Infrastructure plans to integrate Tidewater with its Wheeling & Lake Erie Railway to expand customer relationships and volumes.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FTAI Infrastructure Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606290630PRIMZONEFULLFEED9753847) on June 29, 2026, and is solely responsible for the information contained therein.

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