Private Equity Firms Acquire 3PL Navajo Expedited with Plans for Strategic Growth
Centre Partners and Altivare Capital Partners have acquired Lakeland, Florida-based third-party logistics (3PL) company Navajo Expedited. The acquisition aims to enhance the firm's driver-vetting processes and pricing automation while pursuing strategic acquisitions to expand its operations. Navajo Expedited is an eight-year-old truckload broker specializing in time-sensitive transportation for industries such as food and beverage, consumer packaged goods, and industrial shippers. It operates a proprietary technology platform with access to 8,000 vetted carriers. The company's CEO, Brandon Bodine, emphasized the team’s long-standing collaboration and early investment in automation. The deal is partially funded by Centre Strategic Solutions I, a fund dedicated to supporting lower-middle-market deals led by independent sponsors. Bruce Pollack of Centre highlighted Navajo Expedited's differentiated logistics platform and scalable model as key strengths for future growth.
Topics: 3PL acquisition logistics private equity