With their new name, the companies unify under one identity: TEN (Transportation Equipment Network).
1 July 2024 – (DUBLIN, OHIO) Star Leasing Company, CTL (Commercial Trailer Leasing, Inc.), Cooling
Concepts, and NETS Leasing (North East Trailer Services), portfolio companies of I Squared Capital,
announced today the completion of their name change to TEN (Transportation Equipment Network).

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

Equipped with decades of knowledge and experience, incredible customer track records, and a sharp
perspective on the future of the industry, TEN offers full-service trailer solutions to keep customers’
businesses moving forward. TEN provides support well beyond leasing including, but not limited to,
semi-trailer maintenance, advanced technological solutions, fleet consultation services and innovative
electrification offerings across numerous industry verticals.

Continuing to expand on its refrigerated fleet offerings, TEN’s dedicated refrigeration sub-brand
launched as TEN Cool. Supported by an experienced team of dedicated specialists, the TEN Cool team
are architects in temperature-controlled solutions and offers tailored service capabilities for customers
throughout the United States & Canada.

“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,” says Corey Eisen, Vice President of Refrigeration. “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.”

About TEN (Transportation Equipment Network)

TEN (Transportation Equipment Network) is the largest full-service trailer lessor in North America. In
April 2024, TEN announced the acquisition of TIP Canada, the Canadian subsidiary of Europe-based TIP
Group.

With approximately 80,000 trailers, 1,000 employees, 240 service bays, 118 mobile service trucks, 430
mechanics, and locations across the United States and Canada, TEN is equipped to seamlessly serve
customers across North America. TEN provides full-service leasing as well as maintenance, advanced
technological solutions, consultation services, and other innovative offerings across numerous industry
verticals. Learn more at TENLeasing.com.

TIP Canada will be rebranded as TEN (Transportation Equipment Network) in the second half of the 2024
calendar year.Services Leasing Become TEN (Transportation Equipment Network)