Date Closed

April 3, 2018

Lead Office

Toronto

On April 3, 2018, Instar Asset Management Inc. announced that it has acquired, alongside its Canadian and international infrastructure co-investors, AMPORTS, Inc. from Lincolnshire Management, Inc. The financial terms of the transaction were undisclosed. The transaction is aimed at supporting AMPORTS' expansion and to further enhance its market-leading infrastructure and competitive position.

Instar is an independent alternative asset management firm based in Toronto that focuses on mid-sized infrastructure, real assets and private equity investments. It owns the passenger terminal at Billy Bishop Toronto City Airport.

AMPORTS is an automotive processing and port logistics company, and is a vital link in the global transportation supply chain of many of the world’s largest automotive original equipment manufacturers. AMPORTS, headquartered in Florida, has operations in the United States and Mexico.

McCarthy Tétrault LLP advised Instar with a team led by Jonathan See that included Jake Irwin and Shauvik Shah.