Private equity's quiet takeover of US short-line railroads
Let’s delve into this classic rollup thesis
© Adonis1969
By Alex Lennane
Echo Global Logistics has been acquired by private equity firm The Jordan Company for an equity value of about $1.3bn. The move will see Echo, listed on Nasdaq, become private again. The transaction, expected to close in the fourth quarter, was unanimously approved by Echo’s ...
Comment on this article