AEA Investors, a global investment firm with $15 billion in assets under management, has made a strategic investment in Redwood Logistics, a growing supply chain and logistics company from CI Capital Partners.
The investment is a step towards Redwood’s mission of revolutionizing the freight industry through its service of customers at the intersection of logistics and technology. Redwood is a logistics platform as a service that uses its RedwoodConnect proprietary platform to facilitate a single digital and physical supply chain that adapts as customers evolve.
“Redwood’s management team has built an exceptional business, performing at the top of the freight industry and innovating ahead of the competition,” said Justin de La Chappelle, partner at AEA. “We are very excited about Redwood’s future, and we look forward to partnering with the Redwood team to help further expand its offerings and drive ongoing technology innovation.”
“This additional investment accelerates our organization’s strategic growth plan, all while retaining and underscoring our core values, unique Redwood culture and winning team,” said Mark Yeager, CEO, Redwood Logistics. “Our customers, carriers, vendors and employees will benefit greatly from this partnership as it enables us to accelerate the kind of aggressive innovation that led us to the development and launch of our Logistics Platform as a Service operating model.”