Transplace, a provider of transportation management services and logistics technology owned by Greenbriar Equity Group, announced that it has acquired M33 Integrated, a third party logistics provider focused on the packaging, chemical and advanced materials sectors. The acquisition is intended to expand Transplace’s vertical and geographical reach. Terms of the transaction were not disclosed.
M33 Integrated delivers a combination of technology tools, intelligence and consultative services to shippers. The company operates two sites in the US with an operations centre in Greensboro, NC and a technology centre at Greenville, SC which will become the Transplace Southeastern Center of Excellence, and will operate as part of the company’s Transportation Management business, led by President Frank McGuigan.
Transplace CEO Tom Sanderson said of the acquisition, “M33 Integrated brings a strong management team, robust technology solutions and an excellent customer base, particularly within the growing flexible packaging industry, that are complementary to Transplace’s capabilities,” adding “The addition of M33 Integrated complements Transplace’s current geographical footprint and deepens our middle market penetration, as well as expands on the company’s vision to deliver outstanding value to all North American shippers.”
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