Gemspring Capital Management LLC announced Thursday that an affiliate has invested in Pittsburgh-based Transport Investments Inc., an asset-light transportation and logistics company.
The amount of Gemspring’s investment was not disclosed.
The investment was motivated by continued growth in “the specialty and broader freight and logistics markets,” according to Geoff Broglio, managing director at Gemspring.
“Transport Investments is well positioned as shippers look to consolidate their business...
https://www.freightwaves.com/news/gemspring-capital-invests-in-transport-investments