Sun Capital Partners Inc., a private investment firm focused on defensible businesses in growing markets, through an affiliate has acquired Total Transportation Services, a provider of drayage transportation services with a presence in marine terminals and rail yards across the United States.
TTSI is a port and rail drayage business and the only drayage provider with a container yard located in the Port of Los Angeles. The firm has a growing presence across New York & New Jersey, Chicago, Seattle & Tacoma, Norfolk and Savannah. Additionally, the firm offers regional trucking with dedicated fleets, warehousing and brokerage for the retail, freight logistics, apparel and automotive markets.
This is the second investment in supply chain markets for Sun Capital and its affiliates since 2021. In June of 2021, the firm closed on Century Distribution Systems.
“Given its strong presence in the nation’s busiest ports and most active distribution points, as well its strong customer loyalty, clean energy focus, and record of reliability, TTSI is well-positioned to consolidate its leadership position,” added Jordan Wadsworth, managing director, Sun Capital. “We look forward to helping the Company build on those advantages by accelerating growth, professionalizing business operations, providing the management team with additional resources, and improving integration.”