Announced
Financials
Tags
Friendly
Cross Border
Pending
Trucking
Private Equity
Acquisition
yard management services
United States
Private
Single Bidder
Majority
Synopsis
EQT, a global investment organization, agreed to acquire Lazer Logistics, a provider of outsourced yard management and trailer spotting services, from Harvest Partners, a private equity investment firm. Financial terms were not disclosed. "We have followed the progress of the Company for several years and have been impressed by management's track record of exceptional customer service, year-over-year growth, and leadership in areas like electrification and data analytics. We are excited to support management and the Company through its next phase of growth and believe EQT's significant experience in the sector and expertise in electrification and digitalization will be highly complementary to what is already an exceptional platform," Crosby Cook, EQT Partner.
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