Ridgemont Equity Partners completed the acquisition of eShipping.

Ridgemont Equity Partners, a growth equity investor, completed the acquisition of eShipping, a provider of managed transportation logistics services. Financial terms were not disclosed. “We have great admiration for the business that Chad Earwood and his team have built and have enjoyed getting to know them over the last several years. The Company’s offerings play an important role in today’s increasingly complex supply chain, especially for medium-sized customers, as the eShipping platform has consistently delivered savings and enabled growth by facilitating more streamlined supply chain management. We’re excited to work alongside the management team to continue to grow the business by winning new customers, continuing to deliver best-in-class service, and actively pursuing strategic M&A," Charles Anderson, Ridgemont Partner.