Bluejay Capital and Trive Capital-backed RPM Freight Systems completed the acquisition of Professional Automotive Relocation Services.

Bluejay Capital and Trive Capital-backed RPM Freight Systems, a non-asset-based logistics company, completed the acquisition of Professional Automotive Relocation Services, offering a range of services aimed at providing efficient and effective fleet vehicle relocation and transport logistics. Financial terms were not disclosed. “The acquisition of PARS creates an unmatched, full-service logistics platform for the entire vehicle lifecycle. Trive is excited to continue supporting RPM as they continue to accelerate their leadership in the vehicle logistics industry,” Andrew Frank, Trive Capital Partner.