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New Deal


Announced

Granite Creek and Red Arts to acquire Sunset Pacific Transportation.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

Private Equity

Pending

Freight Forwarding

Majority

Friendly

shipping

Single Bidder

Private

Synopsis

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Granite Creek Capital Partners, a private investment firm, and Red Arts Capital, an investment firm focused on supply chain and industry-related companies, agreed to acquire Sunset Pacific Transportation, a logistics provider. Financial terms were not disclosed. “We see significant benefits and value in partnering with Red Arts Capital for this investment. They have a proven track record of success in the logistics industry and will bring valuable operational, financial, and business development experience to Sunset Pacific. Sunset Pacific’s distinctive business model delivers a high-touch, cost-effective service to its customers. That unique combination and an excellent, long-tenured management team position the Company well for expansion,” Brian Boorstein, Granite Creek Partner.

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