logo
logo
AI

Discover the World’s Fastest Business Insights

Get real-time alerts on funding rounds, executive hires, acquisitions, and more— plus verified contact details and AI-powered outreach to connect faster.
Sign up now to unlock exclusive data and opportunities.

Arrive Logistics Secures Over $300 Million Investment From Atl Partners To Support Accelerated Growth

Arrive Logistics Secures Over $300 Million Investment From Atl Partners To Support Accelerated Growth

04/28/21, 12:06 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgaustin
Money raised
$300 million
Arrive Logistics (“Arrive”) and ATL Partners (“ATL”) announced today that an investor group led by ATL and its co-investors The Baupost Group, British Columbia Investment Management Corporation, and Temasek has made an investment into Arrive. Arrive is a leading freight brokerage that delivers unparalleled service to its network of shippers and carriers through its highly trained workforce and advanced proprietary technology platform. The investment includes over $300 million of capital through a combination of primary and secondary equity, resulting in the ATL led investor group acquiring a significant minority equity stake and becoming the single largest investor in the Company. As part of the transaction, seasoned logistics and technology executives Andrew Clarke, Jerome Lorrain and Paul Bell will join the Board of Directors with Andrew Clarke announced as chairman.

Company Info

Company
Arrive Logistics
Location
austin, texas, united states
Additional Info
Arrive Logistics is one of the fastest-growing freight brokerages in the nation, with exponential growth in both size and revenue yearly since its founding in 2014. Arrive’s team brings a unique sense of grit and determination to their work—focusing on the distinct needs of shippers and carriers and work to exceed their expectations every day with unparalleled service, seamless tech capabilities and custom solutions. With headquarters in Austin, TX and an office in Chicago, IL, Arrive has been recognized by Inc. as both a Best Workplace and an Inc. 5000 Fastest-Growing Private Company. Learn more at arrivelogistics.com.
G2 High Performer Badge

Never Miss an Opportunity: Your #1 Sales Intelligence Tool

Get lightning-fast updates on funding rounds, executive hires, contract awards, and more—powered by AI-driven insights to help you connect with the right prospects first.