NorthBridge Partners is the latest private equity vehicle to bank on the ongoing durability of the surge in e-commerce during the pandemic. The firm closed its $500 million third fund targeting last-mile East Coast logistics real estate earlier this week. To test the thesis, Mergers & Acquisitions interviewed NorthBridge managing partners Dean Atkins and Greg Lauze. And we took a close look at commerce-related capital expenditures made by Amazon Inc. (Nasdaq: AMZN) in Q1 and how they help us read the tea leaves. Here’s what we found.
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