Hughes Hubbard advised Greenbriar Equity Group in its purchase of a majority stake in SEKO Logistics, a leading provider of supply chain services.
Terms of the deal, announced on May 5, 2015, were not disclosed. The investment is part of a recapitalization undertaking designed to enable SEKO to grow both organically and through acquisitions.
"SEKO plays a critical role in customer supply chains domestically and internationally," said John Anderson, advisory director at Greenbriar. "We are excited about SEKO's differentiated solutions, which include expertise in the omni-channel retail, e-commerce, home delivery, medical technology and international forwarding sectors."
Founded in 1976, SEKO provides complete supply chain solutions specializing in forwarding, transportation, logistics, software and warehousing. SEKO has more than 120 offices in 40 countries worldwide.
Greenbriar, a Rye, New York-based private equity firm with over $2.5 billion committed capital, focuses exclusively on global transportation industries, including aerospace and defense, logistics and distribution, freight and passenger transport and automotive.
The Hughes Hubbard team included Chuck Samuelson, Freddie Goudie, Alex Anderson, David Wiltenburg, Steve Greene, Avner Ben-Gera, Christine Lamsvelt, Serena Granger, Emily Nordin, Erin DeCecchis, Jose Bermudez, Ricardo Falcón, Charlotte Marill, Justin Cohen, Matt Syrkin, Carol Remy, Sam Salyer, Benjamin Britz and Katie Gerlach.