Sunset Pacific Transportation (Granite Creek Portfolio) Acquires Radius Global Solutions (Radius Logistics)

Red Arts Capital and Prudential Private Capital Acquire Granite Creek's Stake in Sunset Pacific Transportation

July 21, 2022

Logistics & Distribution

Red Arts Capital and Prudential Private Capital acquired Granite Creek Capital Partners' minority equity stake and repaid subordinated debt in Sunset Pacific Transportation as part of a recapitalization. The transaction preserves Red Arts’ partnership with Sunset Pacific and brings additional capital to expand the carrier’s service capacity following prior growth and the acquisition of Radius Logistics.

Red Arts Capital Acquires Radius Logistics

January 21, 2021

Logistics & Distribution

Chicago-based private equity firm Red Arts Capital has acquired Vancouver-area third-party logistics provider Radius Logistics. The investment will support Radius’s geographic and service expansion across North America as the company embarks on its next phase of growth; financial terms were not disclosed.

Radiant Logistics Acquires Seattle-based Cascade Transportation

June 14, 2024

Transportation

Radiant Logistics (Radiant Global Logistics) has acquired Cascade Transportation, a Seattle-based non-asset third-party logistics provider. The deal — terms undisclosed — brings Cascade’s team and operations into Radiant’s network (Cascade will operate as Radiant Global Logistics) and expands Radiant’s presence in the retail, e-commerce, production furniture and tradeshow markets.

Radiant Logistics Acquires Cascade Enterprises of Minnesota, Inc.

October 5, 2022

Logistics & Distribution

Radiant Logistics, Inc. acquired the operations of Cascade Enterprises of Minnesota, Inc., a Minneapolis-based operator that has run under Radiant's Airgroup brand since 2007. Cascade will operate under the Airgroup brand through 2022 and transition to the Radiant brand in early 2023 as its operations are combined with Radiant’s existing Minneapolis business, expanding Radiant’s local capabilities and access to its Navegate trade-management technology.

Trinity Logistics Acquires Granite Logistics

January 5, 2026

Logistics & Distribution

Trinity Logistics has completed the full acquisition of Granite Logistics, bringing the longtime freight agent partner into its organization and adding two Regional Service Centers in Sartell and Minneapolis, Minnesota. The deal brings approximately 135 team members into Trinity and expands its specialized capabilities in flatbed, over-dimensional, and heavy-haul freight across the Upper Midwest.

Radiant Logistics Acquires Transcon Shipping

March 3, 2025

Logistics & Distribution

Radiant Logistics, Inc. has acquired Transcon Shipping Co., Inc., a California-based ocean and air freight forwarder, to strengthen Radiant's international capabilities in key gateway markets. The transaction will integrate Transcon's operations into Radiant's network (transitioning to the Radiant brand during 2025) and retains Transcon leadership in a network development role.