Angeles Equity Partners Acquires Majority Stake in Freymiller
Summary
We believe that specialty providers with scale, like Freymiller, stand to benefit from the current macroeconomic environment, as demand for refrigerated logistics continues to grow in a market with tight capacity.” Angeles’ investment in Freymiller originated from a targeted sector focus on differentiated transportation and logistics (“T&L”) providers. KPMG LLP provided transaction advisory services to Angeles Equity Partners and KJM Capital. Freymiller’s national network delivers freight in 48 states serving a large and diverse customer base, and is one of the few temperature-controlled platforms of scale in the industry. KJM Capital, LLC was founded in 2014 to acquire leading lower to middle-market companies that serve business customers. KJM Capital, LLC desires to partner with existing owners by providing operational expertise, including software applications and accounting/finance, to support continued growth with a focus on delivering exceptional customer service.