FTV Capital: Growth equity in a ‘flight to quality’
Investors are looking for revenue quality and efficient growth.
Investors are looking for revenue quality and efficient growth.
Private ownership would allow Echo to accelerate M&A and technology investments.
There is plenty of opportunity for innovative companies to solve for industry headwinds, a prospect that excites both new investors and existing stakeholders across the industry.
The recruiting and retention platform takes on a new investor.
Holiday shipping woes, California supply chain interruptions, and a solution to your final mile deliveries.
El mercado para la compra y venta de proveedores logísticos a terceros y corredores de carga está al rojo vivo, según los banqueros de inversión de Capstone Partners, Burke Smith y Nathan Feldman.
Capstone Partners explains why brokerages are so expensive.
The brokerage will pour money into new tech, new modes and new people.
No details disclosed, but Fourshore generally looks at companies valued at $10 million to $75 million
Capstone Headwaters releases December update on logistics technology deals.
Digital freight-matching brokerage Transfix is in discussions with a special purpose acquisition company that could lead to its listing as a public company, according to Bloomberg.
Cowen Inc. helps bolster the balance sheets of startup electric vehicle companies by recruiting private investment in public equity to help young companies earn higher valuations.
LoadSmart and Uber Freight attract venture-style capital from traditional investors.
‘Game on’ for Uber Freight.
The relationships a logistics business builds up over the years can prove highly valuable when it comes time to sell.
Private equity investment expected to accelerate growth for digital yard solutions company
How the investment landscape is changing in 2020 and what technology looks most promising.
Private equity-backed trucking companies have had a tough time during this market downturn.
XPO has made spin-offs the new buzzword in logistics for 2020.
The Nolan Transportation Group and Transportation Insight roll-up continues apace.
Canadian-based carrier Highlight Motor Group receives $55 million private equity investment to accelerate North American expansion.
Canadian firm whose business includes reselling Keeptruckin electronic logging devices and fleet management solutions attempts to avoid bankruptcy after private equity lender seeks repayment of a $3 million loan.
United Road, which moves about 4 million new and used cars and light trucks a year, is expanding into Class 8 truck and equipment hauling with its acquisition of specialty hauler Team Drive-Away.
Middle-market leveraged buyouts are cooling, but institutions still taking risk on the venture and growth equity side of the industry.
Business plan is murky for reincarnated carrier
A veteran investment banker in the transportation & logistics sectors, Larkin changed his focus to private equity.
A Solera board member alleges that in 2017 Vista tried to force it to buy another portfolio company, Omnitracs.
Canada Pension Plan Investment Board to acquire up to 8 percent of fast-growing e-commerce fulfillment company.
SunteckTTS, a top 10 brokerage, is reportedly looking for a 10x EBITDA multiple.
Charley Dehoney writes about the process to finance a freight tech/logistics tech start-up.
Arjun Infrastructure Partners and Fengate Asset Management buy chain of 23 facilities along Ontario’s 400-series highways.
Purchase of fellow New Brunswick carrier adds a long-haul open-deck business that serves Canada and the United States
To gain insight into the shifting landscape of freight brokerage, sometimes it’s best to follow the money, not the shiny new technology. The freight brokerage industry is undergoing a wave […]
Private equity-backed ship owners continue to sell fleets to already listed companies in return for shares.
Deal puts Canadian international trade services company in $13 billion portfolio of Tom Gores’ private equity firm.
GlobalTranz more than doubled EBITDA in less than a year.
Fortna, a supply chain automation design and implementation company, announced today that it entered into a recapitalization agreement with private equity firm Thomas H. Lee Partners, L.P.
Private equity and venture capital are major forces consolidating transport & logistics and bringing technology into the industry.
Investors in search of yield have turned to private equity for sometime now. What’s new is the willingness for seemingly large, risk-averse investment funds to tap into the private equity markets.
The seller was Swedish private equity group EQT Partners, which may be trying to clean up its balance sheet ahead of an IPO.
Valuations will stay high and capital is readily accessible, bringing both sellers and buyers to market.
U.S. private equity firm Platinum getting Canada’s largest customs broker for undisclosed sum
Targa Resources Corp. (NYSE: TRGP) has agreed to sell a 45 percent stake of Targa Badlands LLC (Badlands), the entity which holds all of Targa’s assets in North Dakota, to investment funds owned by GSO Capital Partners and Blackstone Tactical Opportunities.
Private equity has become the major player in financing the growth of transportation and logistics companies, and venture capital inflows have also accelerated dramatically.
Sponsored by Redwood LogisticsThird-party logistics (3PL) companies are attractive investments for private equity firms, enabling new companies in the space to grow faster than ever before. FreightWaves and Redwood Logistics teamed up to host a webinar on how the availability of private equity is shaking up the transportation space.
Aterian Investment Partners Principal Michael Fieldstone said that his firm supported XGS CEO Darrel Harris and his management team and would provide capital to complete improvements to the business.
The beleaguered carpet hauler was over-leveraged and running out of cash.
We spoke to GlobalTranz’s outgoing CEO Bob Farrell and new CEO Renee Krug about the transition in leadership and the marketplace for mergers and acquisitions in the 3PL space going forward into 2019.
This morning Fleet Complete, a global leader in connected vehicle technology and software, announced that it had been acquired by the Ontario Teachers’ Pension Plan, a large fund with $193.9B in assets.
Linx Partners, a New York-based private equity firm, announced that it successfully sold its investment in Grammer Industries to Stellex Capital Management.
Private equity group Summit Partners has acquired cloud-based TMS provider MercuryGate, and wants to bring the platform to Europe after fixing implementation issues.
The Jordan Company has agreed to buy the 3PL GlobalTranz for a reported $400M. GlobalTranz reported $151M in net revenue in 2017.