ICONIQ Capital Makes Majority Investment in Truckstop.com
April 3, 2019
ICONIQ Capital has made a majority investment in Truckstop.com, becoming the company’s majority shareholder while founder Scott Moscrip and the existing management team retain significant ownership. The investment will be used to deepen Truckstop.com's product portfolio, accelerate strategic initiatives and market penetration, and support organic growth and acquisitions; DC Advisory advised Truckstop.com and Goodwin Procter advised ICONIQ.
- Buyers
- ICONIQ Capital
- Targets
- Truckstop.com
- Sellers
- Bregal Sagemount
- Industry
- Transportation
- Location
- Idaho, United States
- Transaction Type
- Recapitalization
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