Greenbriar

Against the odds: No rat traps sprung as BDP sale saga ends with PSA biting

I almost – damn it, damn it, damn it! – reached my final ‘M&A destination’ yesterday, having thought and mused and talked relentlessly about the BDP International takeover for about 15 hours, until late evening…

… when some rather colourful remarks were shared, internally at Premium, by yours truly – given that it was all so strangely quiet for a classic forwarder/3PL + forwarder/3PL deal… about happen, according to sources.
“Someone said it’s …

The post Against the odds: No rat traps sprung as...

https://theloadstar.com/against-the-odds-no-rat-traps-sprung-as-bdp-sale-saga-ends-with-psa-biting/

M&A radar: major private equity deals in logistics? Don’t hold your breath

One side of the “private equity story + logistics appetite” is here, in a well-written post published last week by The Loadstar – and headed: “Why private equity is into logistics, and here to stay“.
Another less conventional angle, however, in what isn’t a formal rebuttal of the much-appreciated coverage by a special guest from the private equity (PE) world is rather that private equity occasionally flirts with logistics, and when the …

The post M&A radar: major private equity deals in...

https://theloadstar.com/ma-radar-major-private-equity-deals-in-logistics-dont-hold-your-breath/

M&A radar: Who’s next?

That’s the most recurring question in our logistics circles, mainly spanning: targets for the logistics integrators (no concrete rumours so far); which freight forwarder is soon to be targeted (several unreliable suggestions, but some obvious names stand out); an apparent lack of combinations elsewhere in container shipping that brings only hypothetical scenarios to the fore (one is particularly explosive, but the fireworks are for another time).
So here’s a shortlist of some …

The post M&A...

https://theloadstar.com/ma-radar-whos-next/

Ridgemont Equity unveiled as new owner of Seko Logistics

Nearly two years after issuing a request for investors, Seko Logistics has announced Ridgemont Equity Partners will become its new owner.
Ridgemont, already with logistics companies in its portfolio, including Worldwide Express, replaces Greenbriar Equity Group, which now becomes a minority investor in Seko.
In spring 2019, Seko began seeking a new investor after four years with Greenbriar as a key shareholder. In October, Greenbriar invested $500m in Uber Freight.
Ridgemont partners Rob...

https://theloadstar.com/ridgemont-equity-unveiled-as-new-owner-of-seko-logistics/