Harris Williams Advises RoadOne IntermodaLogistics on its Recapitalization by Ridgemont Equity Partners
January 11 2023 - 10:37AM
Business Wire
Harris Williams, a global investment bank specializing in
M&A advisory services, announces it advised RoadOne
IntermodaLogistics (RoadOne), a portfolio company of Nonantum
Capital Partners (Nonantum), on its recapitalization by Ridgemont
Equity Partners (Ridgemont). RoadOne is a single source intermodal,
distribution and logistics services company. The Harris Williams
team that advised RoadOne was led by Jason Bass and Nick Petrick of
the Transportation & Logistics (T&L) Group.
“We are proud to have partnered with RoadOne multiple times,
including on its two most recent transactions. The team there has
built an industry-leading platform focused on diverse intermodal,
port, distribution, transloading and related services that are
integral to the supply chains of demanding blue-chip shippers. The
Nonantum team has been a great partner for RoadOne and we look
forward to supporting management and its new partner over the years
to come,” said Jason Bass, a managing director at Harris
Williams.
RoadOne is North America’s premier, full-service intermodal
transportation and related logistics company. With locations across
the country, RoadOne offers industry-leading solutions including
port and rail container drayage; terminal operations; dedicated
truckload services; and transloading, warehousing, and distribution
solutions. With a fleet of professional drivers and technological
streamlining solutions, RoadOne offers an integrated service that
is unsurpassed in the industry.
Founded in 2018 by a team of experienced private equity and
management executives as a spin-out from Charlesbank Capital
Partners, Nonantum is a Boston-based middle market private equity
firm. Nonantum focuses on investing in family- and founder-owned
businesses, corporate carve-outs, and complex situations where
personal partnership is critical and opportunities exist for
significant equity value creation.
Ridgemont is a Charlotte, North Carolina-based middle market
private equity firm that has provided buyout and growth capital to
industry-leading companies in the business and tech-enabled
services, industrial growth, and healthcare sectors for nearly
three decades. The principals of Ridgemont have refined a proven,
industry-focused model focused on building distinctive middle
market companies.
Harris Williams is a global investment bank specializing in
M&A advisory services. Clients worldwide rely on us to help
unlock value in their business and turn ambitious goals into
reality. We approach every engagement with boundless collaboration,
pooling expertise and relationships across industries and
geographies to uncover the unique story of each company. For over
30 years, our clients have trusted us to think strategically,
execute precisely, and deliver premium outcomes through
M&A.
The Harris Williams T&L Group serves as a trusted partner to
investors and company leaders worldwide, helping them to unlock
value in their businesses. Our clients count on our deep experience
and thoughtful advice to understand the transportation and
logistics M&A landscape so that they can turn ambitious goals
into reality. Whether it's the recession-resistant automotive
aftermarket or the cross-industry criticality of third-party
logistics providers (3PLs), our industry offers value creation
opportunities for a wide range of investors. We have deep expertise
across a broad range of sectors such as the automotive and
heavy-duty aftermarket, third-party logistics, and transportation
infrastructure.
Harris Williams LLC is a registered broker-dealer and member of
FINRA and SIPC. Harris Williams & Co. Ltd is a private limited
company incorporated under English law with its registered office
at 8th Floor, 20 Farringdon Street, London EC4A 4AB, UK, registered
with the Registrar of Companies for England and Wales (registration
number 07078852). Harris Williams & Co. Ltd is authorized and
regulated by the Financial Conduct Authority. Harris Williams &
Co. Corporate Finance Advisors GmbH is registered in the commercial
register of the local court of Frankfurt am Main, Germany, under
HRB 107540. The registered address is Bockenheimer Landstrasse
33-35, 60325 Frankfurt am Main, Germany (email address:
hwgermany@harriswilliams.com). Geschäftsführer/Directors: Jeffery
H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a
trade name under which Harris Williams LLC, Harris Williams &
Co. Ltd and Harris Williams & Co. Corporate Finance Advisors
GmbH conduct business.
For media inquiries, please contact Julia Moore at
media@harriswilliams.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230111005673/en/
Julia Moore media@harriswilliams.com
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