PE Tech Report

Transport & Logistics

Align Capital Partners exits ETC

Align Capital Partners (ACP) has sold Richardson, Texas-based Electronic Transaction Consultants (ETC) to Quarterhill Inc for a total cash consideration of USD120 million plus transaction related expenses.

German startup arive secures EUR6m in seed funding

arive, a German-based company that delivers high-end consumer brands to your door within 30 minutes, has raised EUR6 million in seed funding from 468 Capital, La Famiglia VC and Balderton Capital to transform consumer shopping habits.  By bringing together a curated selection of well-known brands and last-mile delivery logistics with

KKR to acquire Ritchies Transport

KKR is to acquire Ritchies Transport (Ritchies), a transportation operator in New Zealand with an 86-year heritage. The investment – which marks KKR’s first infrastructure investment in New Zealand – will be used to advance the Company’s mission to better connect local communities, support the country’s expanding public transport network

Vision Ridge Partners and Havila Holding complete privatisation of Fjord1

Vision Ridge Partners, an alternative asset manager focused on sustainable real assets, and Havila Holding have completed the privatisation of Fjord1, the owner and operator of a fleet of Norwegian ferries utilising low or zero emission propulsion.  Going forward, Fjord1 will be jointly owned by Vision Ridge Partners and Havila

Pilot Freight Services and American Linehaul form strategic partnership

Pilot Freight Services (Pilot), a worldwide transportation and logistics services provider backed by ATL Partners and British Columbia Investment Management Corporation (BCI), has formed a strategic partnership by entering into an asset purchase agreement with American Linehaul Corporation, a non-asset based provider of expedited LTL (less than truckload) services in

Swvl acquires mass transit SaaS platform Shotl

Swvl, a Dubai-based provider of transformative mass transit and shared mobility solutions, is to acquire a controlling interest in Shotl, a mass transit platform that partners with municipalities and corporations to provide on-demand bus and van services across Europe, LATAM and APAC – optimising public transport systems and decreasing dependence

Nonantum Capital Partners acquires Helix Traffic Solutions

Nonantum Capital Partners (Nonantum), a middle-market private equity firm, has acquired Helix Traffic Solutions (Helix), a provider of mission-critical traffic management services and equipment. Helix offers a full suite of traffic safety solutions, including traffic control, flagging, equipment rental, and sign installation services. All of Helix’s services are provided to

Kirkland advises Carlyle on takeover offer for Schaltbau Holding

Kirkland & Ellis has advised The Carlyle Group on the voluntary public takeover offer for all outstanding shares of Schaltbau Holding. Schaltbau Holding is a leading technology supplier for rolling stock, rail infrastructure, road vehicles and other industrial applications. The company is a key technology partner for safe and sustainable

Delivery management platform Ryde raises GBP2.5m

Ryde, formerly Ryders, a SaaS platform for last-mile delivery, has raised GBP2.5 million to continue to expand its vision as ‘the world’s first fully-integrated delivery management system’. Ryde’s mission is to unlock hyperlocal last-mile delivery for every business in every industry through their all-in-one solution. Ryde (formerly Ryders), the SaaS

HumanForest raises GBP2.3m, trippling valuation to GBP32m

HumanForest, a truly sustainable micro-mobility platform, has raised GBP2.3 million at the close of its pre-series A funding round. The company, founded by former-Cabify lead Agustin Guilisasti and backed by Cabify founders Juan de Antonio and Vicente Pascual, has announced the funding ahead of its launch in London this September. 

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