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SEKO Logistics embarks on next phase of global growth

[ January 12, 2021   //   ]

SEKO Logistics has selected Ridgemont Equity Partners, a Charlotte-based middle market buyout and growth equity investor, as its newest investment partner as the Company embarks on its next phase of expansion with plans for additional acquisitions, technology platform investments, and growth in key geographies.
Greenbriar Equity Group LP, a New York-based private equity firm with extensive experience investing in the global logistics industry and SEKO’s key shareholder since 2015, will continue as a minority investor. Terms of the transaction were not disclosed.
“Ridgemont has known SEKO for many years and we have admired what the management team and Greenbriar have accomplished together,” said Rob Edwards and Tim Dillon in a joint statement on behalf of Ridgemont. “SEKO is a fantastic business – the Company has a globally diverse operation with a difficult-to-replicate footprint and a remarkable high-touch service offering. We are excited to continue growing the Company by expanding its global reach, broadening its unique capabilities and enhancing its strategic partner network.”
SEKO provides e-commerce logistics and shipping solutions, white glove delivery solutions, healthcare logistics and value-added freight forwarding services. SEKO continues to expand on its specialized and configurable technology platforms that provide a seamless flow of information and give shippers more visibility and enhanced delivery experiences. With over 120 offices in 40 countries worldwide, SEKO’s customers benefit from a global implementation experience coupled with vital in-country knowledge and service at the local level.
In a shift from purely organic growth since its founding in 1976, SEKO has recently acquired a compliance-focused freight forwarder, GoodShip International, and cross-border e-commerce specialists and airfreight forwarder Air-City. SEKO has also acquired a majority position in its strategic partner Omni-Channel Logistics Australia to further solidify and grow its e-commerce and technology solutions for retailers, pure-play etailers, marketplaces and platforms.

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