Firm Advises Greenbriar in Sale of Transplace to TPG Capital

August 15, 2017 — Hughes Hubbard served as legal advisor to Greenbriar Equity Group LLC in its sale of transportation management firm Transplace Holdings LLC to TPG Capital.

The deal, announced on Aug. 14, is expected to close in late September. Terms of the transaction were not disclosed.

HHR represented Greenbriar in its acquisition of the Dallas-based firm in May 2013 from an affiliate of CI Capital Partners. Over the next four years, HHR advised Transplace in four acquisitions that enhanced the company’s capabilities and expanded its presence, including fellow third-party logistics providers M33 Integrated in South Carolina, Logistics Management Solutions in St. Louis and Lakeside Logistics in Canada.

“We want to thank the entire Transplace management team for an outstanding partnership,” said Jill Raker, managing partner of Greenbriar. “It’s been a pleasure supporting the company through a period of tremendous expansion and we believe Transplace’s future has never been brighter.”

Greenbriar, a private equity firm with more than $2.5 billion of committed capital, focuses exclusively on the global transportation industry, including companies in logistics and distribution, freight and passenger transport, aerospace and defense, automotive and related sectors.

Founded in 2000, Transplace is one of the top 10 freight-capacity brokers in the U.S. and the leading provider of third-party logistics services across North America.

Chuck Samuelson led the HHR team, which included Andy Braiterman, Spencer Harrison, Stephen Luger, Shane Stroud, Juli Thorstenn, Paul Yakulis, Erin DeCecchis, Carol Remy, Justin Cohen, Nathaneel Ducena and Ariel Woldar.