June 4, 2025
Trucordia announced it will receive a $1.3 billion strategic investment from Carlyle's Global Credit platform. The transaction, expected to close this month, values Trucordia at $5.7 billion and will reduce leverage by repurchasing units from minority investors.
“This partnership will strengthen Trucordia's financial structure and accelerate our growth strategy,” said CEO Felix Morgan.
“Trucordia has quickly established itself as a category leader,” said Andreas Boye of Carlyle.