Announced
Financials
Tags
United States
logistics services
Third Party Logistics (3PL)
Single Bidder
Private Equity
Private
Acquisition
Completed
Friendly
Majority
Synopsis
Gryphon Investors, a San Francisco-based private equity firm, completed the acquisition of a majority stake in Transportation Insight, an asset-lite provider of enterprise logistics and transportation brokerage services. Financial terms were not disclosed. "The Transportation Insight team is very excited to partner with Gryphon as we think about the next stage of the Company's growth and the significant market opportunity available. We look forward to building our business both organically and through acquisitions while continuing to deliver best-in-class solutions to our customers over the coming years." Paul Thompson, Transportation Insight Founder, and Chairman.
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