Photo via FreightWaves
Open Road Ventures, a private equity firm focused on logistics and transportation investments, has completed its acquisition of Double-Stack Logistics, an intermodal freight brokerage. The deal represents continued consolidation in the third-party logistics (3PL) space, where PE capital has increasingly targeted asset-light operators and freight intermediaries.
Double-Stack Logistics operates as an intermodal broker, connecting shippers with rail and truck transportation options. The company's focus on intermodal solutions positions it within a segment that has seen growing interest from institutional investors seeking exposure to multimodal logistics networks and supply chain optimization.
The acquisition aligns with broader investment trends in Atlanta's logistics corridor, which has emerged as a major hub for freight brokerage, warehousing, and distribution services. Georgia's strategic position on the Southeast's transportation network continues to attract capital and consolidation activity from PE firms building larger logistics platforms.
Open Road Ventures' investment in Double-Stack adds to a wave of PE-backed consolidation reshaping the 3PL industry. These transactions typically aim to integrate technology platforms, expand service offerings, and achieve operational efficiencies—strategies that increasingly define competitiveness in freight logistics and supply chain management.
