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

July 21, 2022

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.

Buyers
Red Arts Capital, Prudential Private Capital
Targets
Sunset Pacific Transportation
Sellers
Granite Creek Capital Partners, L.L.C.
Location
California, United States
Transaction Type
Recapitalization

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