Meridiam announces acquisition of Conrac Solutions
Transactions - SEPTEMBER 5, 2023

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Meridiam announces acquisition of Conrac Solutions

by Kali Persall

Meridiam, an infrastructure developer, investor and manager focused on sustainable, resilient infrastructure that delivers positive impact for communities, has acquired Conrac Solutions, a developer and operator of mobility infrastructure for airports across the United States.

Conrac Solutions has established a strong position in developing and operating consolidated rent-a-car facilities in partnership with airports and the rent-a-car industry. The company operates across 10 states at 13 airports.

In acquiring Conrac Solutions, Meridiam aims to expand on its commitment to deliver high-quality infrastructure services to U.S. public transportation authorities and to improve the long-term sustainability and resilience of critical transportation infrastructure for communities nationwide. Financial terms were not disclosed.

“Meridiam is the ideal long-term partner for Conrac Solutions,” said Michael Minerva, CEO of Conrac Solutions. “Not only does this acquisi

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