CIVC Partners Invests in OTR Transportation
August 31, 2022
Chicago-based private equity firm CIVC Partners has made a growth investment in OTR Transportation, a Chicago-headquartered technology-enabled freight broker, in partnership with founder and CEO Jon Braun. The deal leaves the OTR management team in place (Braun retaining a significant stake) and will support accelerated organic growth and pursuit of strategic acquisitions; Dan Para is participating as a co-investor and will join OTR's board.
- Buyers
- CIVC Partners, L.P., Dan Para (co-investor)
- Targets
- OTR Transportation
- Industry
- Logistics & Distribution
- Location
- Illinois, United States
- Transaction Type
- Growth capital
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