CargoSprint Acquires Advent eModal

Lone View Capital Acquires Majority Stake in CargoSprint

November 12, 2024

Logistics & Distribution

Lone View Capital, a growth-oriented private equity firm, has made a strategic investment acquiring a majority ownership stake in CargoSprint. The deal installs longtime board advisor Caro Krissman as CEO while founder Joshua Wolf moves to a board advisory role; Lone View said it will support increased R&D and the company’s next phase of growth.

CargoSprint Acquires Dray Dog

February 26, 2026

Logistics & Distribution

CargoSprint, a Lone View Capital-backed port and freight logistics technology company, has acquired Dray Dog, a drayage software platform that helps drayage operators plan appointments and match capacity. The deal is an add-on to CargoSprint's platform to expand its landside execution capabilities and deepen services for motor carriers and port communities.

eShipping Acquires Superior Transport & Logistics and Synapsum

February 27, 2024

Logistics & Distribution

eShipping has closed two strategic add-on acquisitions, purchasing Superior Transport & Logistics to broaden its managed transportation services and Synapsum to add supply-chain analytics capabilities. The deals strengthen eShipping's technology-enabled, asset-light logistics platform (backed by Ridgemont Equity Partners) by adding transportation execution capabilities and data/analytics to its eShipManager offering.

Ionic Partners' CXT Software Acquires e-Courier

November 5, 2025

Software

CXT Software, backed by Ionic Partners, has acquired e-Courier to create the largest last-mile TMS provider focused on couriers and shippers, nearly doubling customer footprint and combining R&D resources. Accel-KKR Credit Partners provided acquisition financing to support the transaction, which aims to accelerate AI-driven routing, dispatch optimization, and product innovation across last-mile logistics.

ICT Group Acquires Modality

February 12, 2025

Software

ICT Group has acquired Modality, a Dutch software firm specializing in intermodal freight transport systems (TMS/TOS). The deal strengthens ICT Group’s Logistics division, expands its capabilities in the seaport–hinterland logistics chain, and supports further growth across the Benelux and DACH regions while Modality continues to operate under its current management.

MODE Transportation Acquires Avenger Logistics

February 25, 2021

Logistics & Distribution

MODE Transportation (Dallas-based 3PL) has acquired Avenger Logistics, a Chattanooga-based freight brokerage. Financial terms were not disclosed; Avenger will continue operating under its brand with President Jason Roberts leading MODE's enterprise operations as the business is integrated into MODE's platform.