EZE Trucking, a provider of specialty trucking and logistics services and a portfolio company of Atlantic Street Capital, has acquired Rig Runners, a heavy haul trucking company. The combination of EZE and Rig Runners creates one of the largest national specialty hauling and logistics businesses with 16 terminals, over 700 trailers and 400 power units and drivers.
Rig Runners provides specialized heavy and line haul freight and logistics operations to national energy and industrial customers, primarily in the Texas market. Rig Runners was founded in 1982 and is based in Houston (no website found).
“We are pleased to combine an industry leader in Rig Runners with EZE. The newly-combined company is much stronger as the customer base spans multiple industry verticals serving the oil and gas, infrastructure, power generation and industrials end-markets and is diversified across multiple geographic markets,” said Tim Lewis, Partner at Atlantic Street Capital.
EZE Trucking provides specialty heavy and over-dimensional freight logistics services to customers in the infrastructure and energy markets. EZE focuses on heavy and over dimensional loads that can exceed legal tonnage, width, height and length and require specialized route planning, permitting and escorts. Examples of EZE freight include bridge girders, oil rigs and turbines. EZE Trucking is based in Rialto, CA (www.ezetrucking.com).
EZE Trucking was acquired in 2009 by Atlantic Street Capital and in 2011 EZE acquired Patterson Motor Freight, a specialized trucking company focused on the oil and gas industry.
Atlantic Street Capital invests from $5 million to $20 million in middle market companies with revenues from $25 million to $150 million. Sectors of interest include consumer products and services, transportation and logistics, business services, and basic manufacturing. The firm is currently investing from Atlantic Street Capital Partners, LP II and is based in Stamford, CT (www.atlanticstreetcapital.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 8-5-13
