Firm Sees Opportunities to Accelerate Growth through Strategic M&A
NEW YORK— One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has completed its investment in Montgomery Transport (or “the Company”), a leading over-the-road flatbed transportation and logistics provider. Financial terms of the private transaction were not disclosed.
Based in Birmingham, Alabama, Montgomery Transport specializes in over-dimensional, heavy haul, and wide load solutions for customers across the United States. The Company operates a fleet of trucks and trailers that transport products such as steel, lumber, building materials, and steel beams and coil.
“We have great admiration for the business that Rollins Montgomery and his team have built,” said Greg Belinfanti, Senior Managing Director at OEP. “Montgomery Transport is a prominent U.S. flatbed trucking company with the potential to become a strong platform for consolidation in the sector.”
“We are excited to have OEP as a partner,” stated Rollins Montgomery, CEO of Montgomery Transport. “With prior investment experience in the trucking sector, OEP is the partner we need to expedite our expansion and diversification while positioning us as a leader in the transportation and logistics space across the United States.”
“Montgomery Transport brings a differentiated business model to the flatbed trucking industry, as highlighted by its ability to organically grow its driver base and truck count,” added OEP Principal Inna Etinberg. “We look forward to working with Rollins to oversee the Company through its continued success and next phase of growth.”
About One Equity Partners
One Equity Partners (“OEP”) is a private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm builds market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 300 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, Frankfurt, and Amsterdam. For more information, please visit www.oneequity.com.
About Montgomery Transport, LLC
Montgomery Transport, based in Birmingham, Ala., is a nationwide, flatbed carrier specializing in over-dimensional freight and full transportation management. Additional information can be found at www.montgomeryllc.com.