private equity

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

Analysis: Expeditors pats itself on the back. Short-sighted? Ask private equity…

Cash buybacks frozen, quarterly $0.52 dividends unchanged, as announced yesterday, but cash-rich Expeditors International (EXPD) is still on a roll at $87 a share. And then, operationally, this week confirmed that its balanced portfolio of logistics products gives it an edge in the good and bad times alike.
Immediate, useful context (maybe) here: the sharks, attracted to logistics in its multiple forms, are sniffing at opportunities, regardless of price.
Options
In Seattle, the …

The post Analysi...

https://theloadstar.com/analysis-expeditors-pats-itself-on-the-back-short-sighted-ask-private-equity/

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

Commentary: Why now is an excellent time to sell your logistics business

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

While the ball was already rolling prior to COVID-19, Transplace’s most recent acquisition is a strategic move that couldn’t come too soon. The leading logistics provider announced on Sept. 1 its acquisition of LeanCor Supply Chain Group, a consulting firm specializing in lean principles. This marks Transplace’s third acquisition of 2020. 

We’ve seen recent,...

https://s29755.pcdn.co/news/commentary-why-now-is-an-excellent-time-to-sell-your-logistics-business

PINC closes on growth equity investment from Accel-KKR

PINC KKR

Will history repeat itself?

In 2017,  Accel-KKR, a technology-focused private equity firm, sold HighJump Software, a supply chain software management provider, to German technology provider Körber AG for an undisclosed amount.

Accel-KKR earned about a 6x return on the sale of the Minneapolis-based provider, PE News reported at the time, with HighJump increasing its revenue by more than four times under Accel-KKR, which had owned the company since 2012.

Three years later, digital yard solutions...

https://s29755.pcdn.co/news/pinc-closes-on-growth-equity-investment-from-accel-kkr

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