I Squared Capital Portfolio Companies Become Transportation Equipment Network

Star Leasing, Commercial Trailer, Cooling Concepts and North East Trailer Services, portfolio companies of I Squared Capital, completed their name change to Transportation Equipment Network (TEN).

“Bringing these great companies together under one name is just the beginning. The large-scale infrastructure and technological capabilities will allow TEN to continue to be an innovator in the industry,” Scott Nelson, president of TEN, said. “We are excited about the future and our combined ability to provide employees, customers and suppliers with a platform unlike any other.”

“The establishment of our dedicated pure-play refrigerated platform, TEN Cool, is a substantial and significant step in our focus to provide tailored customer solutions to mission critical fleets. TEN Cool’s North American refrigerated fleet size is now more than 8,000 pieces of equipment and is backed by one of the largest service networks in the industry,” Corey Eisen, vice president of refrigeration at TEN, said. “We are going to continue investing heavily to drive a superior customer experience and maintain a technologically advanced fleet of best in-class temperature-controlled equipment.”

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