Announced
Synopsis
Ridgemont Equity Partners, a middle-market private equity investor, agreed to acquire RoadOne, a provider of intermodal logistics solutions in North America, from Nonantum Capital Partners, a middle-market private equity firm. Financial terms were not disclosed. “Our recapitalization of RoadOne marks Ridgemont’s eighth third-party logistics platform investment and nicely complements our existing portfolio, which includes asset-light providers of omnichannel shipping services, freight forwarding, eCommerce fulfillment, freight brokerage and managed transportation services. RoadOne is a clear category leader with industry veterans at the helm and a massive market opportunity ahead – this is the team and investor group to execute the plan to capitalize on this opportunity,” Rob Edwards, Ridgemont Managing Partner.
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