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Synopsis
ATL Partners, a private equity firm, led the $300m funding round in Arrive Logistics, a transportation services company. Investors The Baupost Group, British Columbia Investment Management, and Temasek also participated in the round. “Partnering with investors like ATL with extensive industry experience, who believe in our vision and are confident in our ability to build a leading logistics organization is extremely exciting. Over the last seven years, we have focused on building a top-tier workforce, strong relationships with our partners and best-in-class technology. Today we are focused on innovation that empowers our partners, building digital solutions to provide a seamless experience designed for efficiency and asset-like services," Matt Pyatt, Arrive Logistics CEO and Co-Founder.
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