Uber Freight takes on $550M in new ownership, closes Transplace deal

Uber Freight has completed its acquisition of Transplace, a $2.25 billion deal that also involved Uber Freight taking on another investment of more than a half-billion dollars.

The completion of the Transplace deal had been expected in the fourth quarter, so its timing was expected. What wasn’t expected was that a little more than a year after it took on a half-billion-dollar investment from Greenbriar Equity Group, it would take on an even bigger investment than the cash that Greenbriar put...

https://www.freightwaves.com/news/uber-freight-takes-on-550m-in-new-ownership-closes-transplace-deal

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