Announced
Completed
Financials
Tags
Private
Minority
Acquisition
truck parking
Private Equity
Domestic
Storage Terminals
Single Bidder
storage operator
Completed
United States
Friendly
Synopsis
GreenPoint Partners, a private equity firm, completed an investment in Semi-Stow, a semi-truck parking and trailer storage operator. Financial terms were not disclosed. "Truck parking and trailer storage is a key component of the logistics and e-commerce value chain and a sector where innovation has historically been limited. We see a tremendous opportunity to partner with Trent, Dennis and the entire Semi-Stow team to build a national portfolio of assets where new technologies can have an instant and significant impact in improving operations and the customer experience," Chris Green, GreenPoint Founder and CEO.
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