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ID 57227973 © Dennis Thompson | Dreamstime.com

FREIGHTWAVES reports:

Managed transportation and technology provider Uber Freight’s (NYSE:UBER) conclusion in October of an $851 million payout to Greenbriar Equity Group effectively ended the structured investment relationship established in October 2020.

Greenbriar led a $500 million investment in Uber Freight, valuing the company at $3.3 billion post-money and positioning Uber Freight as a player with ambitious growth plans. However, the payout signifies a shift, highlighting both Uber Freight’s evolving valuation and the foresight of Greenbriar’s strategic financial protections.

The investment

When Greenbriar invested in Uber Freight, it ...

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