Trive Capital, a Dallas-based private equity firm, and Bluejay Capital Partners have made an investment in RPM Freight Systems LLC, a finished vehicle logistics (FVL) provider.
Founded in 2011, RPM is a technology-driven, asset-light provider of transportation management services to new and used finished vehicle logistics and other freight markets in North America and Europe. RPM focuses on using its network of carrier relationships and its technology platform to provide customers with transportation services, regardless of nuance and supply chain volatility.