In 2021, Global Infrastructure Partners launched Terminal Investment Limited (TiL) re-financing, transferring its stake into a new continuation fund. TiL develops and manages over 40 container terminals on five continents, and it is a crucial asset to MSC (Mediterranean Shipping Company) to secure terminal capacity and network operations.
Steer advised a major investor during the purchase phase and helped complete the transaction by providing commercial, technical and ESG (Environmental, Sustainability, Governance) due diligence services.
Our work focused on the following:
Steer dealt with the complexity of a significant port transaction focusing on multiple terminals/assets in diverse geographies. We provided the client with added value by, bringing into an overreaching assessment, detailed terminal analyses which factored in the local market and technical and operational conditions.
The transaction was successfully closed in late 2021.
Yes, you are in the right place. After 40 years, we have changed our name from Steer Davies Gleave to mark our growing international footprint and our expanding portfolio into sectors beyond transport.
Explore our new website to learn more about Steer: who we are, how we work and what our future holds.
