Angeles Equity Partners (Angeles), in partnership with KJM Capital (KJM), has invested in OBS Holdings (Freymiller) a provider of refrigerated transport and freight brokerage solutions to support cold chain management.
Angeles and KJM will partner with Freymiller President and CEO David Freymiller to drive the next stage of the company’s growth.
Headquartered in Oklahoma City, Freymiller provides refrigerated load, dedicated refrigerated trucking, logistics brokerage, and intermodal transportation services over a national network of freight lanes. Supported by its efficient fleet of more than 600 tractors, in-house maintenance, and fleet dealership capabilities, Freymiller provides highly reliable, late-model equipment to support the time-sensitive needs of leading food and other cold chain distribution partners nationwide.
Angeles’ investment in Freymiller originated from a targeted sector focus on differentiated transportation and logistics (T&L) providers. The Angeles and KJM teams’ experience partnering with T&L companies to drive growth led them to specifically target refrigerated transport providers with scale and tenured management teams that could aggressively pursue organic growth and strategic mergers and acquisitions.