Carlyle is among a handful of investment firms with a focus in the automotive industry and the transportation sector. The firm has a successful record of investing in companies that manufacture components and accessories for the world’s major automakers. Carlyle also has extensive experience with companies that serve the transportation sector either from a manufacturing standpoint or as part of the global transportation network.
Carlyle’s industrial and transportation portfolio includes Allison Transmission, the leading global designer, manufacturer, and supplier of automatic transmissions for medium and heavy-duty commercial vehicles and specialty military vehicles; HD Supply, a distributor of industrial and professional products to infrastructure, construction, and maintenance markets; Hertz Corporation, the largest worldwide general use car rental company and the third largest equipment rental business in North America; Kinder Morgan, one of the largest energy transportation, storage and distribution companies in North America, with approximately 37,000 miles of pipelines and more than 165 terminals; Greater China Industrial and Great China Intermodal, a joint venture formed with shipping industry experts to invest up to $900 million in shipping assets strategic to Greater China; PQ Corporation, a manufacturer of inorganic specialty chemicals and engineered glass materials; and Veyance Technologies, a manufacturer of conveyor belts, industrial and hydraulic hoses, power transmission belts, and other engineered rubber products.
“Teamwork is critical to Carlyle’s edge and we regularly work with our colleagues in Europe and Asia to share ideas, leads and country-specific industry knowledge. Our strategy includes partnering with industry entrepreneurs to add greater depth to our team and proactively identify investment opportunities,” said Greg Ledford, Carlyle Managing Director and head of the group. “We also have an excellent record of developing joint ventures with strategic partners.”