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New Deal


Announced

Completed

InfraBridge-backed ConGlobal completed the $25m investment in Phantom Auto.

Financials

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Transaction Value£20m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Completed

Single Bidder

Acquisition

Domestic

United States

truck transportation

Trucking

Private Equity

Friendly

Private

Synopsis

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InfraBridge-backed ConGlobal, an operator of intermodal, finished vehicle, and depot service terminals, completed the $25m investment in Phantom Auto, a creator of human-centric technology. "As ConGlobal continues on its transformation journey, we are focused on supporting enterprise performance through advanced solutions and innovation. Phantom Auto strategically aligns with our thesis of digitizing logistics to drive performance and efficiencies and further create value within our portfolio companies," Damian Stanley, InfraBridge Managing Partner and Chair Of The Investment Committee.

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