Announced
Synopsis
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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