Cambridge Capital Combines Everest Transportation Systems with Simple Logistics

Cambridge Capital Makes Majority Investment in Everest Transportation Systems

September 8, 2021

Transportation

Cambridge Capital has made a majority investment in Everest Transportation Systems, a fast-growing freight brokerage headquartered in Evanston, Illinois. Everest's founders remain in leadership and retain significant ownership while Cambridge Capital partners to scale the business (including board seats for Benjamin Gordon and Matt Smalley), accelerate hiring and pursue tuck-in acquisitions; terms were not disclosed.

Cambridge Capital Takes Majority Stake in Boa Logistics and Flow Cold Storage

September 12, 2022

Transportation

Cambridge Capital has made a majority investment in Boa Logistics and Flow Cold Storage to accelerate the growth of Boa’s refrigerated LTL consolidation and cold‑storage platform. The founders will remain active and retain significant ownership while Cambridge Capital partners join the board; the investment will fund technology, automation, geographic expansion and potential acquisitions to scale the cold‑chain network.

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.

HCAP Partners and Champlain Capital Invest in Simplified E‑Solutions

December 11, 2023

Environmental Services

HCAP Partners has made a growth equity investment in Simplified E‑Solutions (SES), a Hazelwood, Missouri–based zero waste to landfill material processing and management company; Champlain Capital led the transaction. The capital will be used to accelerate SES’s growth, expand its zero‑waste services to new geographies and customers, and support job creation and operations expansion; terms were not disclosed.

CVC-led Consortium to Combine Worldwide Express and GlobalTranz

June 11, 2021

Transportation

CVC Capital Partners is leading a consortium (including Providence Equity Partners and PSG) to acquire Worldwide Express and combine it with GlobalTranz, creating a larger technology-driven third-party logistics platform. Ridgemont Equity Partners and management will retain significant stakes in the combined business; the transaction was announced in June 2021 and expected to close in Q3 2021.

TorQuest Partners Acquires VersaCold Logistics Services

December 16, 2020

Logistics & Distribution

TorQuest Partners, together with co-investors The Investment Management Corporation of Ontario (IMCO) and OPTrust, completed the acquisition of VersaCold Logistics Services from KingSett Capital and Ivanhoé Cambridge. VersaCold's management (led by Mike Arcamone as CEO) rolled equity and will continue to operate the business as the new investors support growth of the company's temperature‑controlled warehousing and food logistics network in Canada.