LOAD ONE RECEIVES GROWTH INVESTMENT FROM H.I.G. CAPITAL
Birmingham, Michigan – June 23, 2022 – Angle Advisors is pleased to announce that Load One, LLC (“Load One”) has received a growth investment from H.I.G. Capital (“H.I.G.”). Angle Advisors acted as the exclusive investment banking advisor to Load One in completing the transaction.
Headquartered outside Detroit, Michigan, Load One is a leading provider of expedited transportation and logistics services. The Company serves clients across diverse end markets in all 48 contiguous U.S. states, Canada, and Mexico. Through its expansive network of experienced owner-operators, trusted carrier partners, and company drivers, Load One delivers exceptional service to its customers in helping them address their time-critical, time-sensitive, and high-value freight needs. For more information, please visit www.load1.com.
H.I.G. is partnering with Founder and Chief Executive Officer John Elliott as well as the current senior management team to provide capital and resources to take advantage of the Company’s significant strategic growth initiatives and substantial consolidation opportunities across the fragmented expedited transportation and logistics industry.
John Elliott, Founder and CEO of Load One said, “This is an exciting new chapter for our Company. Partnering with H.I.G. allows Load One to continue delivering outstanding service while also pursuing growth opportunities with both existing and new clients. The Company has numerous opportunities to expand, and H.I.G.’s capital and resources, particularly around M&A, will help us continue our successful growth trajectory. We are very excited about the future of Load One and believe our customers and employees will benefit greatly from this support.”
“We believe Load One represents an ideal opportunity to create a premier expedited transportation and logistics platform at a time when market tailwinds, as well as driver and equipment shortages, should continue to drive growth,” added Ryan Kaplan, Managing Director at H.I.G. “We look forward to partnering with John and the rest of his talented executive team as they lead the organization through the Company’s next phase of organic and inorganic growth.”
H.I.G. is a leading global alternative assets investment firm with over $49 billion of equity capital under management. Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach. For more information, visit www.higcapital.com
Angle Advisors, with offices in the United States, Germany, and China, specializes in mergers and acquisitions and capital raising. The firm’s professionals have completed 259 transactions since 2009 for multinational corporations, privately-held companies, private equity funds, and public sector clients. For additional information, please visit www.angleadvisors.com.