Private equity's quiet takeover of US short-line railroads
Let’s delve into this classic rollup thesis
© Hongjian Su
By Alex Lennane
As noted in Loadstar Premium last week, Flexport’s Ryan Petersen has been taking to many airwaves in recent weeks, ramping up the publicity.
Or, as Premium’s Ale Pasetti put it: “It looks a lot like the soft launch of his own roadshow: to test the water, that is, and gain as much visibility as possible… and that’s where any roadshow usually starts, pitching old and new investors, in my personal experience.”
VC-funded Flexport is – again – hoping for profitability this ...
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