Private equity firm Greenbriar Equity Group acquires eShipping, a managed transportation and supply chain services provider. Financial terms undisclosed. eShipping offers cloud-based TMS and business intelligence tools, with operations in over 118 countries. Greenbriar’s investment aims to enhance technology and expand product capabilities while maintaining customer service focus.

eShipping’s innovative managed transportation platform gains support from Greenbriar. Recent growth includes acquisitions of Superior Transport & Logistics and Synapsum. Evercore advises Greenbriar on the deal, with Stifel and Harris Williams advising eShipping. The partnership aims to optimize supply chains and provide greater control across shipping modes.

Read more at Yahoo Finance: eShipping lands new private equity owner