ATL Partners-Led Group Invests Over $300 Million in Arrive Logistics

Gamut Capital Management and BCI Invest in PS Logistics

June 25, 2021

Trucking & Fleet

Gamut Capital Management, in partnership with British Columbia Investment Management Corporation (BCI), signed a definitive agreement to invest in PS Logistics. The capital and strategic partnership will support PS Logistics — a Birmingham, Alabama-based flatbed transportation and logistics provider — to accelerate growth, expand capabilities and scale its asset- and broker-based platform across the continental United States. Financial terms were not disclosed.

Arrive Logistics Acquires Cross-Border Business from Forager

February 1, 2022

Logistics & Distribution

Arrive Logistics has acquired the cross-border business and proprietary platform of Forager Group to strengthen its cross-border services and technology offerings across the U.S., Canada and Mexico. The deal brings Forager's cross-border specialists and platform into Arrive's transportation management system to expand capabilities and scale Arrive's cross-border footprint.

Gamut Capital and BCI Acquire PS Logistics as One Equity Partners Exits

October 13, 2021

Logistics & Distribution

One Equity Partners announced it has exited its investment in PS Logistics, the U.S. flatbed transportation and full-service logistics provider headquartered in Birmingham, Alabama. The company was acquired by Gamut Capital Management and British Columbia Investment Management Corporation (BCI) (financial terms not disclosed) after OEP helped scale PS Logistics through 14 add-on acquisitions and strong organic growth.

ATL Partners and BCI Acquire Valence Surface Technologies

July 8, 2019

Industrial Services

ATL Partners and British Columbia Investment Management Corporation (BCI) acquired Valence Surface Technologies LLC from Trive Capital Fund I. Valence, a Houston-based provider of aerospace surface finishing services with eight U.S. facilities, will be supported by ATL and BCI to expand capabilities, geographic footprint and pursue add-on growth opportunities.

Pilot Freight Services Acquires American Linehaul Corporation

July 30, 2021

Logistics & Distribution

Pilot Freight Services entered an asset purchase agreement with American Linehaul Corporation on July 30, 2021 to expand its middle‑mile expedited LTL capabilities. The deal—supported by Pilot’s backers ATL Partners and British Columbia Investment Management Corporation (BCI)—will keep ALC operating as a separate, neutral linehaul provider with founders Enzo and Beth Vartuli and their team remaining in leadership roles.

FlashParking Merges with Arrive Mobility

January 6, 2021

Cloud & SaaS

FlashParking, Inc. and Arrive Mobility, Inc. have merged to create an end-to-end touchless digital mobility platform combining FlashParking’s cloud-based mobility hub operating system with Arrive’s demand-management and consumer-facing parking technology. The combined company will provide integrated B2B and B2C parking and mobility solutions—covering wayfinding, reservations, digital payments and analytics—to thousands of parking operations and millions of consumers; Arrive was formerly a Baird Capital portfolio company.