Transportation Acquisitions in Massachusetts

Wind Point Partners has combined Liquid Tech Solutions (LTS) with its portfolio company Velocity Rail Solutions, creating the largest route-based, mobile on-site refueling platform in North America. Yukon Partners provided junior capital to support the merger; Lindsay Goldberg sold LTS to the combined Wind Point/Velocity platform. The combined business will scale services across rail and other mission-critical end markets and pursue further organic growth and add-on acquisitions.

Marti Technologies has acquired all intellectual property and software assets of Zoba Inc., an AI-powered fleet optimization SaaS provider. The asset purchase will allow Marti to integrate Zoba's demand-forecasting and dynamic optimization algorithms into its two-wheeled electric vehicle and ride-hailing operations to increase ridership and reduce operating costs.

Accenture has acquired OnProcess Technology, a Boston-based provider of supply chain managed services and reverse logistics, to broaden Accenture's after-sales and service supply chain capabilities. The deal brings OnProcess's more than 1,500 employees into Accenture Operations and was previously owned in majority by the Narotam Sekhsaria Family Office (NSFO).

RIST Transport, a New York–based LTL carrier owned by Wadhams Enterprises, has acquired AMA Transportation Co., a Billerica, Massachusetts regional LTL carrier that operates four terminals and a fleet of roughly 75 power units. The acquisition is intended to expand direct service routes in New England, improve customer service and boost technology offerings; terms were not disclosed.

Armstrong Relocation & Companies has acquired MacDonald Moving Services, a Boston-based United Van Lines agency, to expand Armstrong's service capacity in the New England market. The acquisition follows owner Bruce MacDonald’s decision to retire and will rebrand the business as Armstrong Relocation Company, Massachusetts, LLC, with Mark McEwen named president for the region.

Quantix, a Wind Point Partners portfolio company, has acquired Mid-States Packaging, a full‑service dry bulk transportation, warehousing and export services company with eleven locations across Texas, the Northeast and the Mid‑Atlantic. The add‑on bolsters Quantix’s geographic footprint and strengthens its warehousing and trucking transportation operations serving chemical producers and distributors.

Walmart has signed a definitive agreement to acquire Alert Innovation, the Boston-area developer of the Alphabot automated e-grocery fulfillment system. The acquisition brings Alert Innovation’s development, manufacturing and deployment capabilities in-house to accelerate Walmart's market fulfillment center automation and omnichannel grocery fulfillment.

UK-based boat rental marketplace Borrow A Boat has acquired US peer-to-peer charter platform KellyBoat to accelerate its expansion in the United States. The deal will add KellyBoat's local expertise and inventory in New England and Florida markets to Borrow A Boat's global platform as the company opens an in-person US office to serve its fastest-growing market.

CSX Corporation (CSX) received approval from the Surface Transportation Board and completed its acquisition of Pan Am Railways, expanding CSX's network into New England. The deal brings Pan Am's ~1,200-mile regional rail network and access to multiple ports into CSX's eastern U.S. system to create expanded service opportunities for shippers across the region.

Superpedestrian acquired substantially all of the assets of Zagster, a nationwide micromobility fleet operations and management company. Concurrently, Edison Partners led a $15 million growth investment in Superpedestrian (joined by Spark Capital and General Catalyst) to support expansion of Superpedestrian's LINK shared micromobility platform.

Boston-based private equity firm Nonantum Capital Partners completed a recapitalization of RoadOne IntermodaLogistics, partnering with founders Ken Kellaway and David McLaughlin to provide growth capital. The investment will support RoadOne's continued expansion and acquisition strategy for its coast-to-coast intermodal drayage, terminal operations, and transloading network.