RoadOne IntermodaLogistics Receives Investment from Nonantum Capital Partners
Summary
RoadOne IntermodaLogistics , an asset-light, independent intermodal drayage provider in North America, received an investment from Nonantum Capital Partners, a middle-market private equity firm focused on investing in family and founder-led businesses, corporate carve-outs, and complex situations. Co-founded by Ken Kellaway and David McLaughlin, RoadOne IntermodaLogistics is an independent intermodal trucking service provider in North America with a network of 60 locations from coast-to-coast and the combined capacity of 1,500 drivers and owner-operators. The company’s transportation involves moving freight in shipping containers using more than one mode of transportation (steamship, rail, and truck). It connects shippers’ goods to and from ports, railroads, and distribution centers, including at every major port in the United States. As part of the recapitalization and growth investment, the current management team will continue to lead RoadOne.