Transplace, Inc.
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Transplace, Inc. - overview
Established
2000
Location
Dallas, TX, US
Primary Industry
Logistics & Distribution
About
Based in Texas, US, and founded in 2000 by Dennis Nash, Transplace, Inc. operates as a provider of logistics and managed transportation solutions to the automotive, chemical, consumer packed goods, manufacturing, oil and gas, retail, and paper and packaging industries. Frank McGuigan is the company’s CEO as of July 2021 and it has offices in Mexico, Canada, and Europe. The firm was acquired by CI Capital Partners in 2009, Greenbriar Equity Group in 2013, TPG in 2017, and in July 2021, Uber Technologies, Inc.
agreed to acquire the company for USD 2. 25 billion. The firm offers different types of tech-enabled services and solutions platforms such as logistics technology, which provides real-time shipment visibility, capacity services, which enables shippers to obtain viable freight rates and strategically enable the movement of freight, and cross-border logistics, which analyzes procedures and products to identify areas of risk, meet tariff requirements, and see opportunities for enhancements. The company also offers services such as supply chain consulting, carrier and transportation management, truck loading, freight brokerage, and intermodal services for its clients worldwide.
Following its purchase agreement with Uber Technologies, Inc. , Transplace, Inc. and Uber Technologies, Inc. plans to create a logistics technology platforms that will optimize the movement of freight across the entire marketplace and deliver services to shippers, while also unlocking opportunities for carriers.
Primary Industry
Logistics & Distribution
Sub Industries
Consulting Services, Brokerages, Freight Transportation Services, Trucking, Logistics Software
Website
www.transplace.com
Verticals
Cloud Computing, Cloud Computing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Transplace, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Transplace, Inc. | - | ||||||||
| Add-on | Completed | LeanCor Supply Chain Group | - | ||||||||
| Add-on, Trade Sale | Completed | ScanData Systems LLC | - | ||||||||
| Add-on | Completed | Lanehub Inc. | - | ||||||||
| Add-on | Completed | Yusen Logistics’ Intermodal & Freight Brokerage Group | - |
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