Private Equity-Backed Logistics & Distribution Acquisitions

CargoSprint, a Lone View Capital-backed port and freight logistics technology company, has acquired Dray Dog, a drayage software platform that helps drayage operators plan appointments and match capacity. The deal is an add-on to CargoSprint's platform to expand its landside execution capabilities and deepen services for motor carriers and port communities.

Diverse Logistics and Pulse Final Mile, both portfolio companies of Argosy Private Equity, have completed a merger to form a national, non-asset-based final-mile logistics platform focused on big-and-bulky white-glove delivery and installation. The combined company supports over 850 third-party contract carriers operating from 111 customer distribution centers and runs 15 warehousing/cross-dock facilities to serve retailers and OEMs across the United States.

Rinchem Company, LLC has announced a combination with Dupré Logistics, L.L.C., bringing Dupré’s regional transportation, private fleet and capacity brokerage capabilities into Rinchem’s global chemical and gas logistics platform. The transaction is accompanied by a new-money financing package that includes approximately $100 million of lender investment and amendments to Rinchem’s existing credit facilities; financial terms for the combination were not disclosed.

Vector has acquired YardView, a yard management and dock visibility provider, to integrate YardView’s real-time yard tracking with Vector’s e-BOL and workflow platform. The deal — enabled through Vector’s partnership with BVP Forge — aims to close visibility gaps during custody transfers, expand capabilities across gate/yard/dock/document workflows, and retain YardView leadership in advisory and operational roles.

Smart Kreate Group (SKG) was formed through transactions completed in August 2025 by combining Smart Minds Holdings Limited, Times Express Limited (TEX), and H2N Limited, and is backed by Oceanus Family Office and Caelus Global Strategy Fund SPC. The Hong Kong–headquartered cloud logistics and SaaS group plans to scale into the U.S. market, pursue a Nasdaq listing, and accelerate growth via AI-powered logistics SaaS and expanded global operations.

The Access Group has acquired MaxOptra, a London-based cloud route optimisation and delivery management platform, for an undisclosed sum. MaxOptra serves 450+ fleets and optimises 6,000+ vehicles across multiple sectors; the purchase expands Access's ERP Specialised (Supply Chain & Logistics) portfolio by adding route-planning, telematics integrations, and delivery execution capabilities.

48forty Solutions completed a financial restructuring that reduces its debt by over 80% and injects $75 million of new capital. Investment funds and accounts managed by the company's lenders — including Antares and KKR — will become majority equity holders; the deal coincides with CEO Mike Hachtman's retirement and the appointment of Dave Russell as Interim CEO.

RD Last Mile Holdings, LLC (doing business as ADL Final Mile) has acquired Xcel Delivery Services, a Tucson-based final mile and customized logistics provider operating in Arizona and the Southwestern U.S. The deal — backed by Red Dog Equity, Monroe Capital and The Pritzker Organization — brings Xcel's leadership into ADL's Southwest network to expand capacity and service capabilities.

Funds managed by Greenbriar Equity Group completed the acquisition of eShipping, a tech-enabled managed transportation and logistics services provider. The private transaction will back eShipping’s expansion of its managed transportation platform and continued investment in its cloud-based technology and product capabilities; terms were not disclosed.

Main Street Capital provided $50.8 million of financing (first‑lien senior secured term debt and minority equity) to UBM ParentCo, LLC (United Business Mail) to facilitate UBM's merger with Mystic Logistics Holdings, LLC. As part of the transaction Main Street exited its debt and equity investments in Mystic and became a lender and minority equity owner in UBM.

Freedom Pet Supplies, a Novacap portfolio company, has acquired Trueman Distribution Ltd., a long-standing pet products distributor headquartered in Calgary, Alberta. The add-on purchase gives Freedom Pet a Western Canada hub as part of its strategy to build a truly national distribution network across Canada.

Copley Equity Partners has acquired Vital Delivery Solutions, a New England provider of healthcare logistics, same-day courier, and temperature-controlled warehousing services. Financial terms were not disclosed; VDS will continue operating under its brand with management in place while leveraging Copley’s resources to expand service offerings and geographic coverage.

Slate Asset Management and Hamilton Lane, with co-investor support from GFH Partners, acquired a majority equity stake in Cold-Link Logistics, a North American cold storage and temperature-controlled logistics platform. Cold-Link’s founders and management will retain a meaningful ownership stake and continue to lead the company as Slate and Hamilton Lane provide capital and asset-management resources to support the company’s growth across the U.S.

RPM Freight Systems has acquired Professional Automotive Relocation Services (PARS), combining RPM's finished-vehicle logistics platform with PARS' fleet relocation and lifecycle services. The deal, backed by RPM investors Trive Capital and Bluejay Capital, expands RPM's service portfolio to include driveaway, vehicle storage, titling and registration; terms were not disclosed.

Alliance Solution Group, a Novacap portfolio company, has acquired Intramodal Warehouses to expand its warehousing footprint in Quebec. The add-on expands Alliance’s food-grade warehousing capacity (over 500,000 sq. ft. on the Island of Montreal) and creates operational synergies with Alliance’s IntraPAK repackaging division to better serve food and beverage customers across Canada.

Main Street Capital Corporation invested $27.2 million (first-lien senior secured term debt plus a minority equity stake) in The Nearshore Company to support TNC’s acquisition of the Carmi Companies. The combination brings together TNC’s Mexico-based turnkey manufacturing and warehousing services with Carmi’s transportation, logistics and customs clearance capabilities to create an end-to-end cross-border operations platform.

Trax Technologies, a global freight audit and payment platform backed by Strattam Capital, has acquired EM6, a Europe-headquartered freight audit provider. The acquisition expands Trax's coverage and capabilities across Europe, bringing EM6's regional expertise and customers onto Trax's AI-powered Prizma.ai platform.

The Integration Group (TIG), a portfolio company of Maxwell Street Capital Partners, has acquired North American Warehousing Company (NAWC), a Chicago-area provider of specialized warehousing and hazardous materials handling, blending, and container filling. The add-on expands TIG's Midwest footprint and adds regulated, high-value logistics capabilities that complement prior acquisitions (PDM and Matrix Management).

BlueGrace Logistics, a Warburg Pincus–backed 3PL, has acquired STB Freight Group, a Northville, Michigan–based managed logistics and trucking provider. The deal expands BlueGrace's Midwest footprint and brings STB customers access to BlueGrace's managed logistics platform, multimodal services, and proprietary optimization technology.

Chicago-based private equity firm Wind Point Partners has acquired Buske Lines Inc., a contract warehousing and supply chain services provider serving food, beverage and CPG customers. Wind Point is partnering with Buske management (led by CEO Nick Heinz), which retains a meaningful ownership stake, to invest in technology, infrastructure and organic and M&A-driven growth across the company’s 37 facilities in the U.S. and Canada.

Nexa Equity, a San Francisco-based private equity firm, has made a strategic growth investment in Cedar AI, an AI-powered transportation management system serving railroads and rail shippers. The investment will support Cedar AI’s product development and commercial expansion from its headquarters in Seattle, Washington.

FleetPride and TruckPro have completed a merger to form the largest independent distributor and service provider in the heavy‑duty aftermarket, with the combined company operating under the FleetPride name and jointly owned by American Securities and Platinum Equity. The combined business will operate more than 450 locations (110+ service centers) and six distribution hubs across the U.S. and Canada, aiming to expand parts availability, service capacity and digital/ecommerce capabilities.

Peli BioThermal, a Platinum Equity‑backed temperature‑controlled logistics provider, acquired the Evo portfolio (SAVSU Cleo Technologies, LLC) from BioLife Solutions for $25.5 million in cash (subject to adjustments). The add‑on expands Peli BioThermal’s cryogenic and cold‑chain offerings—including the evoIS platform—and preserves the Bruce Township, Michigan operations to support Cell & Gene Therapy and pharmaceutical customers.

Endeavour and CoPilot Global Logistics completed a majority investment in Mallory Alexander, with members of the Mallory family retaining an ownership stake. Mallory Alexander will serve as the foundational operating company for a planned scaled global logistics platform, with initial priorities including investments in visibility systems, workforce training, safety programs, and targeted acquisitions to expand capabilities and geographic reach.

Monomoy Capital Partners portfolio company Thetford Corporation has acquired Dave Carter & Associates, a national distributor of electrical, plumbing and building supplies serving the RV and manufactured housing industries. The add-on acquisition (DCA operates 11 distribution centers and is headquartered in Ocala, Florida) nearly doubles Thetford's North American distribution footprint and expands its reach into the manufactured housing sector.

Houston-based private equity firm Double Barrel Capital completed a majority recapitalization of Memphis-based third-party logistics provider Envoy Source, LLC, with the transaction closing on August 15, 2025. The recapitalization positions Envoy to scale its high-value packaging, fulfillment, and serialized inventory management capabilities and pursue growth under DBC’s support.

BWT Logistics, a portfolio company of Argosy Private Equity and Bluejay Capital Partners, has acquired RAZR Logistics from parent Johnson Storage & Moving. The acquisition expands BWT's dedicated logistics, on-demand warehousing capabilities and warehouse network, adding RAZR's more than 500 corporate customers; terms were not disclosed.

RD Last Mile Holdings, LLC (doing business as ADL Final Mile), a final-mile delivery platform backed by Red Dog Equity, Monroe Capital and The Pritzker Organization, has acquired DMC Logistics, a regional final-mile and customized logistics provider serving the Southwest U.S. The acquisition expands ADL Final Mile's footprint in the Southwest (adding DMC’s service area across New Mexico, Arizona, Colorado, Nevada, Texas and Utah) as an add-on to its growing platform.

FitzMark LLC, a Calera Capital‑backed third‑party logistics provider headquartered in Indianapolis, acquired Hometown Logistics LLC, a truckload transportation services provider based in Indianapolis, on September 2, 2025. The add‑on deal expands FitzMark’s dry van and flatbed offerings and brings Hometown’s leadership and ~100+ employees into the FitzMark platform; financial terms were not disclosed.

Highway, a Carrier Identity platform for freight brokers, received a strategic minority growth equity investment led by FTV Capital with participation from Lead Edge Capital. The capital will be used to accelerate product diversification, expand go-to-market efforts, and scale Highway's Carrier Identity solutions across the freight broker ecosystem.

Overhaul, an Austin-based in-transit supply chain risk management platform, raised $105 million in a Series C round led by Springcoast Partners with participation from Edison Partners and Morgan Stanley Investment Management's 1GT strategy. The financing (and an accompanying debt facility with MidCap Financial) will fund platform innovation, AI-driven capabilities, and a strategic acquisition roadmap to expand Overhaul's real-time supply chain risk and inventory intelligence offerings.

Echo Global Logistics has acquired FreightSaver, a Huntington Beach–based third-party logistics (3PL) provider that offers freight brokerage, managed transportation, and tech-enabled freight solutions. The acquisition expands Echo's managed transportation capabilities and geographic footprint across North America; terms were not disclosed.

FirstMile, ACI Logistix and Sendle have merged to operate as a unified holding company called FAST Group, with the transaction backed by an investment from Federation Asset Management. The combination creates an integrated logistics ecosystem—headquartered in California—that combines FirstMile's first-mile pickup network, ACI Logistix's enterprise-grade sortation and distribution capabilities, and Sendle's tech-enabled parcel services for small businesses and international markets.

Fenix Parent LLC (operating as Fenix Parts), a Stellex Capital-backed auto recycler and OEM parts reseller, has acquired Grade A Auto Parts, a Louisville, Kentucky-based automotive recycling and parts reseller with locations across the Midwest and Central U.S. The deal expands Fenix's geographic footprint and distribution capabilities in Kentucky, Missouri, Ohio, Tennessee and Indiana and adds Grade A CEO Sean Garber to the Fenix board.

PrimeFlight Aviation Services, a portfolio company of The Sterling Group and Capitol Meridian Partners, has acquired StratAir’s cargo handling operations at Miami International Airport (MIA), Richmond International Airport (RIC), and Luis Muñoz Marín International Airport (SJU). The deal expands PrimeFlight’s cargo handling footprint and capacity—adding StratAir’s facilities (including a 120,000 sq. ft. third‑party handling complex at MIA) and experienced personnel to PrimeFlight’s growing global cargo network.

The Integration Group (TIG), a Maxwell Street Capital Partners portfolio company, has acquired Chicago-based Matrix Management to expand its aftermarket assembly, kitting, and e-commerce fulfillment capabilities. The deal is an add-on to TIG's buy-and-build strategy to broaden end-to-end aftermarket supply-chain services for OEMs and distributed dealer networks across agriculture, construction, lawn-and-garden and industrial markets.

Carr's Hill Capital Partners completed a majority recapitalization of TCI Tank Logistics, LLC (doing business as Freedom Intermodal) in partnership with company management and The Jensen Companies. Freedom Intermodal, based in New Orleans, provides ISO tank and rail services, transloading, depot services and bulk liquids logistics across Gulf Coast ports; Carr's Hill will invest in people, systems, equipment and pursue organic growth and strategic add-on acquisitions to expand the business.

Cognosos has acquired Cox 2M (including the GearTrack product line) from Cox Communications to deepen its AI-driven real-time location and asset visibility capabilities. The deal brings vehicle telemetry, LTE/LoRa-compatible sensors and IoT engineering talent into Cognosos, expanding its reach across automotive, healthcare and logistics end markets.

St. Louis-based private equity firm Compass Group Equity Partners has partnered with Tampa-based The Illuminate Group, a cold chain design, testing and passive packaging provider focused on last-mile pharmaceutical logistics. Compass will provide capital and operational support to expand Illuminate’s R&D and testing capacity, double office/testing space, build out ERP and sales capabilities, and accelerate product development and market expansion.

Rent-A-Container, a Kinderhook Industries portfolio company, has acquired The Eagle Leasing Company, a family-owned provider of portable storage containers, semi-trailers and ground level offices in the Northeast U.S. The deal expands RAC's geographic footprint and operating scale, creating one of the largest independent portable storage and GLO leasing networks in the Eastern United States.

AFC Industries, a PE-backed industrial distributor, has acquired Cavanaugh Government Group, a Chicago-area supplier specializing in parts and logistics for military and defense applications. The acquisition expands AFC’s aerospace and defense capabilities and adds vendor-managed inventory and government-focused distribution expertise to its platform; terms were not disclosed.

MML Keystone (part of MML Capital) has acquired Close Brewery Rentals Limited (CBRL) from Close Brothers Group plc and carved the business out as an independent platform to be rebranded ekeg. MML will provide capital and operational support to accelerate digitisation, expand geographically, and scale the keg-pooling, leasing and cleaning platform across the UK & Ireland and beyond.

Diverse Logistics, an Argosy Private Equity portfolio company, has acquired Massiano Logistics, a white-glove final-mile delivery, warehousing and distribution specialist headquartered in Orlando, Florida. The add-on expands Diverse’s big-and-bulky final mile network and regional density across the Southeastern and Mid-Atlantic U.S., supporting scale and service expansion for furniture retailers, 3PLs and designers.

Lazer Logistics has acquired GATT Yard Spotting Services, marking Lazer’s 12th strategic acquisition as it expands service density and geographic reach across the U.S. The deal adds 10 sites across six states (Florida, Georgia, Indiana, Mississippi, North Carolina and Virginia), including entry into West Palm Beach, FL and Roanoke, VA, and will be integrated into Lazer’s yard management platform to preserve customer continuity and scale operations.

BNP Associates, a Godspeed Capital-backed air transportation design and engineering firm, has acquired Establish, a New York–headquartered consulting firm specializing in warehousing and supply chain logistics. The add-on expands BNP's capabilities in logistics, warehousing and supply chain analytics, enabling cross-selling of services to BNP's aviation clients and enhancing the platform's end-market reach.

Buske Logistics, a portfolio company of Fourshore Partners, has acquired Strategic Warehousing, LLC, a contract logistics provider based in Eagan, Minnesota. The add-on expands Buske's food-and-beverage warehousing capabilities—particularly in confectionery—and grows its network in the Twin Cities with three sites totaling 225,000 square feet.

Oakcreek Golf & Turf LP, a Banyan Capital Partners-backed distributor of Toro commercial turf equipment, acquired substantially all assets of Pattlen Enterprises, Inc., including L.L. Johnson Distributing Company and Midwest Turf & Irrigation. The add-on expands Oakcreek's distributorship footprint into the US Rockies and Midwest while preserving both businesses' local brands and operations; terms were not disclosed.

Providence Equity Partners has made a strategic controlling investment to become the majority shareholder of GCL (Global Critical Logistics), a specialist provider of live-events and luxury-goods logistics. ATL Partners will retain a minority stake and GCL will remain led by President and CEO Daniel Rosenthal with global headquarters in New York; financial terms were not disclosed. Providence said the investment positions GCL for organic and inorganic growth across live events, sports broadcasting and luxury-goods logistics.

Cambridge Capital has combined its portfolio company Everest Transportation Systems with Simple Logistics, a St. Charles, Illinois-based freight brokerage specializing in refrigerated truckload freight. The deal positions the combined asset as a larger, tech-enabled, asset-light freight brokerage focused on scale, cross-selling, and expanded refrigerated logistics capabilities backed by Cambridge's supply-chain-focused private equity capital.

ORS Nasco, a Wynnchurch Capital portfolio company, has acquired Techniweld USA, a wholesaler of welding, safety, and industrial supplies headquartered in Atlanta, Georgia. The acquisition expands ORS Nasco's presence in the welding market and broadens its product offering across welding consumables and safety products.