Sagent Advisors acted as exclusive financial advisor to Maersk Inc., a subsidiary of the A.P. Moller-Maersk Group, in its divestiture of Maersk Equipment Services Company, Inc. d/b/a. Direct ChassisLink, Inc. (“DCLI”) to the private investment firm, Littlejohn & Co., LLC. The transaction allows A.P. Moller-Maersk Group to focus on its core areas within shipping, energy and related activities. DCLI rents and leases chassis to drayage companies and steamship lines in the United States. DCLI owns or leases approximately 66,000 chassis through a network of 129 locations strategically located on or near key ports and other intermodal hubs in the United States.
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