Greenbriar Equity Group

Uber Freight’s $851M payout to Greenbriar highlights creative deal structures

Managed transportation and technology provider Uber Freight’s (NYSE:UBER) conclusion in October of an $851 million payout to Greenbriar Equity Group effectively ended the structured investment relationship established in October 2020.

Greenbriar led a $500 million investment in Uber Freight, valuing the company at $3.3 billion post-money and positioning Uber Freight as a player with ambitious growth plans. However, the payout signifies a shift, highlighting both Uber Freight’s evolving valuation...

https://www.freightwaves.com/news/uber-freights-851m-payout-to-greenbriar-highlights-creative-deal-structures

Will regional parcel deal spark PE interest in national network?

There is a player that might be emerging on the U.S. parcel delivery landscape: private equity.

In a deal that banking sources said was consummated about two weeks ago, regional parcel delivery carrier LaserShip, which is owned by PE firm American Securities LLC, acquired fellow regional carrier OnTrac for what is believed to be $1.3 billion, a significant sum for a regional parcel company. Greenbriar Equity Group LP, another PE firm, sold LaserShip to American Securities early this year but...

https://www.freightwaves.com/news/will-regional-parcel-deal-spark-pe-interest-in-national-network

Analysis: What Greenbriar and BlackRock’s digital freight brokerage deals mean

Goodbye 2020, hello 2018?

Recent forays by Greenbriar and BlackRock into cash-burning digital freight brokerages reveal a shifting landscape for capital across asset classes that holds profound implications for venture capital-backed freight tech startups.

An enormous mountain of dry powder needs to be put to work by private equity investors who are increasingly turning to venture capital-style investments in startups. That capital will fuel growth at the next round of digital freight brokerages...

https://s29755.pcdn.co/news/analysis-what-greenbriar-and-blackrocks-digital-freight-brokerage-deals-mean

Breaking News: Uber Freight raises $500M from Greenbriar Equity Group

Friday morning, Uber Technologies (NYSE: UBER) announced that Uber Freight successfully raised $500 million from an investor group led by Greenbriar Equity Group at a $3.3 billion post-money valuation, or roughly three times revenue pre-money. Uber Freight issued Series A equity shares as part of the deal, and Greenbriar Managing Partners Michael Weiss and Jill Raker will join Uber Freight’s board of directors.

Last month, Uber Freight sold its Europe business to sennder, a Berlin-based digital...

https://s29755.pcdn.co/news/breaking-news-uber-freight-raises-500m-from-greenbriar-equity-group