Eberhart Capital has acquired TBI, a provider of full truckload refrigerated and dry van shipment services to the continental US. TBI’s state-of-the-art refrigerated trailers allow shippers to have single, dual, or triple temperatures within one trailer and its fleet of trucks also has satellite tracking functions that allow for the remote setting and monitoring of…...
trucking
OMERS Acquires Kenan Advantage
OMERS Private Equity has signed an agreement to acquire The Kenan Advantage Group from Goldman Sachs Capital Partners and Centerbridge Partners. Kenan Advantage Group is North America’s largest tank truck transporter and logistics provider, delivering fuel, chemicals, industrial gases, and food-grade products. KAG is the only independent fuels delivery carrier with a nationwide network, having…...
Cotton Creek Acquires Coal City Cob Company
Cotton Creek Capital has acquired Coal City Cob Company in partnership with the Cloonen family and management of the company. DFW Tank Cleaning, Coal City Cob’s affiliated tank washing operation, was also included in the transaction. Coal City Cob is a second generation, family-owned business that provides liquid bulk transportation services to the chemical and…...
Larsen MacColl Exits A&S, Hits 24x Return
Larsen MacColl Partners has sold its portfolio company A&S Services Group to Celadon Group for $55 million and realized a 24x multiple of its invested capital from the sale. The transaction closed on October 24, 2014. A&S Services Group is a provider of transportation, warehousing, distribution and logistics services in the Northeast and Mid-Atlantic region,…...
TriWest Capital Partners Exits RTL-Westcan
TriWest Capital Partners has sold its portfolio company RTL-Westcan to strategic buyer Kenan Advantage Group. TriWest first invested in RTL-Robinson Enterprises in September 2006. The company then merged with Westcan Bulk Transport in May 2007 to create the largest bulk commodity hauler in Western Canada. RTL-Westcan specializes in the transportation of liquid and dry bulk…...
