Investment Summary

Susquehanna Growth Equity and Providence Equity Partners Invest In GlobalTranz

On September 9, 2014, growth capital firm Susquehanna Growth Equity and private equity firm Providence Equity Partners invested in transportation company GlobalTranz

Investment Highlights
  • This is Susquehanna Growth Equity’s 1st and Providence Equity Partners’ 1st transaction in the Transportation sector.
  • This is Susquehanna Growth Equity’s 23rd and Providence Equity Partners’ 49th transaction in the United States.
  • This is Susquehanna Growth Equity’s 1st and Providence Equity Partners’ 1st transaction in Arizona.
Investment Fate
  • GlobalTranz was sold to a consortium of financial buyers in 2018.
  • GlobalTranz was sold to a consortium of financial buyers in 2019.
  • GlobalTranz merged with another company in 2021.

Investment Summary

Date 2014-09-09
Target GlobalTranz
Sector Transportation
Investor(s) Susquehanna Growth Equity
Providence Equity Partners
Deal Type Venture

Target

GlobalTranz

Scottsdale, Arizona, United States
GlobalTranz is a technology-driven freight brokerage company specializing in LTL, full truckload, third-party logistics, and expedited shipping services. GlobalTranz optimizes the efficiency of freight movement and matches shipper demand and carrier capacity in near real-time. Leveraging its extensive freight agent network, GlobalTranz has emerged as a fast-growing market leader with a customer base of over 25,000 shippers. In 2018, Transport Topics ranked GlobalTranz as the 10th largest freight brokerage firm in the U.S. GlobalTranz was founded in 2003 and is based in Scottsdale, Arizona.

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Investor(S) 2

Investor

Susquehanna Growth Equity

Bala Cynwyd, Pennsylvania, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2006
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Susquehanna Growth Equity (SGE) is the private equity arm of The Susquehanna International Group of Companies. SGE focuses on companies that help streamline payments and related transactions. This includes SaaS, payments and transaction processing, capital markets technology, and internet/information services. SGE looks to commit $10 to $200 million in companies with at least $5 million of revenue. The Firm will consider both control and minority positions and targets opportunities across North America, Europe, and Israel. SGE was established in 2006 and is headquartered in Philadelphia, Pennsylvania.


DEAL STATS #
Overall 26 of 72
Sector: Transportation M&A 1 of 1
Type: Venture M&A Deals 5 of 19
State: Arizona M&A 1 of 1
Country: United States M&A 23 of 55
Year: 2014 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-08 The Logic Group Holdings

Fleet, United Kingdom

The Logic Group Holdings Ltd. is a provider of secure management of information and transactions through the delivery of trusted payment and loyalty solutions that enable increased revenue, improved profit, and reduced operating costs and risk.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-07 CallApp

Tel Aviv, Israel

CallApp is a mobile platform and application that provides a universal caller ID, a call blocker for unwanted calls, and a social phonebook that keeps your contacts up to date with all the relevant information from social networks. CallApp was founded in 2011 and is based in Tel Aviv, Israel.

Buy -
Investor

Providence Equity Partners

Providence, Rhode Island, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 36.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Providence Equity Partners is a specialist private equity firm that targets investments in media, entertainment, communications, and information companies. Specifically, Providence seeks investments in wireless and wireline telephony, cable television content and distribution, music, film, publishing, radio and television broadcasting, and other media and communications sectors. Providence Equity looks to commit $150 million to $800 million of equity capital in transactions ranging from growth financings and recapitalizations, to buyouts and take-privates. Providence Equity Partners was formed in 1989 and has offices in Providence, Rhode Island; New York, New York; Los Angeles, California; London, United Kingdom; Hong Kong, China; and New Delhi, India.


DEAL STATS #
Overall 79 of 137
Sector: Transportation M&A 1 of 4
Type: Venture M&A Deals 3 of 4
State: Arizona M&A 1 of 2
Country: United States M&A 49 of 86
Year: 2014 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-25 M7 Group SA

Luxembourg, Belgium

M7 Group SA is the sole provider of satellite television and radio in the Netherlands and Belgium (Flanders region).

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-18 Netsurion

Fort Lauderdale, Florida, United States

Netsurion is a provider of cloud-managed IT security services that protect small- and medium-sized businesses’ information, payment systems, and on-premise public and private Wi-Fi networks from data breaches and other risks posed by hackers. Netsurion was founded in 1989 and is based in Fort Lauderdale, Florida.

Buy -