SEKO Logistics has selected Ridgemont Equity Partners, a Charlotte-based middle market buyout and growth equity investor, as its newest investment partner as they start the 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 experience investing in the global logistics industry will continue as a minority investor.
“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.”