M&A Deal Summary

RLJ Equity Partners Acquires Immediaship

On March 1, 2023, private equity firm RLJ Equity Partners acquired transportation company Immediaship

Acquisition Highlights
  • This is RLJ Equity Partners’ 3rd transaction in the Transportation sector.
  • This is RLJ Equity Partners’ 16th transaction in the United States.
  • This is RLJ Equity Partners’ 1st transaction in Connecticut.

M&A Deal Summary

Date 2023-03-01
Target Immediaship
Sector Transportation
Buyer(s) RLJ Equity Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Immediaship

Farmington, Connecticut, United States
Immediaship is a asset-light third-party logistics freight brokerage business that serves the B2B industrial market. Immediaship was founded in 2016 and is based in Farmington, Connecticut.

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Buyer(S) 1

Buyer

RLJ Equity Partners

Bethesda, Maryland, United States

Category Private Equity Firm
Founded 2006
PE ASSETS 850M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

RLJ Equity Partners LLC is a private equity firm focused on long term investments in North American middle-market companies. The Firm looks to invest $10 to $30 million per transaction in companies valued between $25 and $100 million. RLJ targets companies operating in the fields of aerospace/defense, auto/transportation, business services, consumer retail, media, and telecom. Types of transactions include corporate divestitures, buyouts, recapitalizations, growth equity, and add-on acquisitions. RLJ Equity Partners LLC was formed in 2006 and is based in Bethesda, Maryland.


DEAL STATS #
Overall 19 of 19
Sector: Transportation M&A 3 of 3
Type: Buyout (LBO, MBO, MBI) M&A Deals 5 of 5
State: Connecticut M&A 1 of 1
Country: United States M&A 16 of 16
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 Enhanced Resource Centers

Jacksonville, Florida, United States

Enhanced Resource Centers is a provider of customer experience management solutions with a focus on call center-based business process outsourcing solutions and accounts receivable management services to blue-chip clients in a variety of industries, including financial services, telecommunications, utilities, and student loan markets. Enhanced Resource Centers was founded in 1999 and is headquartered in Jacksonville, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-21 Flow Service Partners

Mount Juliet, Tennessee, United States

Flow Service Partners is a provider of essential services including heating, ventilation, air conditioning, and refrigeration ("HVACR") and plumbing services in Florida and Indiana. Flow Service Partners was founded in 2021 and is based in Mount Juliet, Tennessee.

Sell -