OTR Transportation, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
OTR Transportation, Inc. - overview
Established
2015
Location
Chicago, IL, US
Primary Industry
Logistics & Distribution
About
Based in Illinois, US, and founded in 2015, OTR Transportation, Inc. is a company that operates as a freight broker that provides logistics solutions. In August 2022, the company raised an investment led by CIVC Partners L. P.
, a Chicago-based middle market private equity firm. OTR as of September 2022, has more than 7,000 qualified carriers in its Fleet and is led by its founder and CEO, Jon Braun. The company provides technology-enabled freight brokerage services and logistic solutions including refrigerated, dry van, power only, drop trailer, and cross border, among others, to automate freight procurement. OTR’s software allows matching its customers’ needs with its extensive network of qualified carriers to provide the speed, certainty, visibility, and optimization of customers’ supply chain.
The industries served by the company include Industrial, Manufacturing, Marine, Packaging, Aerospace, Food, Power, and Food across North America. The company plans to utilize its August 2022 funding to execute its growth strategy of pursuing strategic acquisitions and accelerating the company’s organic growth.
Current Investors
CIVC Partners
Primary Industry
Logistics & Distribution
Sub Industries
Freight Transportation Services, Trucking
Website
www.loadotr.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
OTR Transportation, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | OTR Transportation, Inc. | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.