Gryphon invests in Transportation Insight
Summary
Paul Thompson , founder and chairman of Transportation Insight, and Chris Baltz , CEO, will retain a significant ownership position and continue in their day-to-day management of the company.Paul Thompson, Founder and Chairman of Transportation Insight, and Chris Baltz, CEO, will retain a significant ownership position and continue in their day-to-day management of the Company.Wes Lucas, Operations Partner at Gryphon Investors and former CEO of SIRVA, Inc., one of the largest transportation businesses in the United States, will join the Board as its Executive Chairman.The Company currently helps manage approximately $4 billion of annual transportation-related spend for over 1,500 enterprise logistics and brokerage clients, with expertise across a range of industries and end markets.Gryphon prioritizes investment opportunities where it can form strong partnerships with owners and executives to build leading companies, utilizing Gryphon’s capital, specialized professional resources, and operational expertise.