PE Investment Signals Continued Appetite for Managed Transportation Platforms
Greenbriar Equity Group has acquired eShipping, a Missouri-based managed transportation provider, in the latest sign that private equity remains bullish on logistics technology platforms despite broader market uncertainty.
Founded in 2004, eShipping operates across multiple transportation modes including less-than-truckload, full truckload, fulfillment, international freight forwarding, customs brokerage, and small parcel. The company positions itself as a technology-driven managed transportation provider, though specific details about its platform capabilities and customer base weren't disclosed. Financial terms of the acquisition remain under wraps.
"eShipping has built a highly differentiated managed transportation platform supported by strong technology, deep operational expertise, and a seasoned leadership team," said Michael Wang, Managing Director at Greenwich, Connecticut-based Greenbriar. "The Company's innovative, technology-driven approach to transportation management helps customers gain greater control and optimize their supply chains across all shipping modes."
What It Means for the Sector
The acquisition reflects ongoing consolidation in the managed transportation space, where mid-market providers with multimodal capabilities remain attractive targets. For 3PLs, it's another data point suggesting that technology-enabled platforms with broad mode coverage continue to command investor interest—even as freight markets remain soft.
Greenbriar's backing could provide eShipping with capital to expand its technology stack and potentially pursue its own acquisitions, a common playbook for PE-backed logistics platforms looking to scale quickly in a fragmented market.
