Founded in 2011, Rpm Transportation has established itself as a frontrunner in providing technology-driven transportation management solutions. Operating with an asset-light model, RPM specializes in the intricate world of new and used finished vehicle logistics, as well as other specialized freight markets across North America and Europe. Trusted by numerous major auto Original Equipment Manufacturers (OEMs) and remarketers, RPM ensures vehicles and freight are transported safely and efficiently from their origin to their final destination.
RPM Transportation excels by leveraging its expansive network of carrier relationships and a proprietary technology platform. This powerful combination enables the company to deliver transportation solutions that are not only flexible and reliable but also remarkably cost-efficient. Regardless of the complexities or fluctuations within the supply chain, RPM stands ready to provide seamless service.
Barry Spilman, the founder and CEO of RPM Transportation, expressed his enthusiasm for the company’s future trajectory. “As we embark on our next growth phase, we are thrilled to join forces with Trive Capital and Bluejay Capital. Their profound operational and industry expertise is invaluable. We believe the resources and support from these esteemed firms will significantly accelerate our growth, enhance our service offerings, and unlock exciting new opportunities throughout North America and Europe. Together, we are committed to elevating the standards of excellence and driving innovation within the transportation industry.”
Andrew Frank, Managing Director at Trive Capital, shared his perspective on the partnership: “We are incredibly excited to partner with the talented team at RPM Transportation. They have successfully built a business model that creates mutual benefits for both shippers and carriers. RPM’s dedication to logistical excellence, coupled with their adaptable, customer-focused service model, is truly commendable. Trive is eager to invest in this platform and support RPM’s continued expansion and success.”
Pierre Mathieu, Managing Partner at Bluejay Capital Partners, also highlighted the strategic importance of this collaboration. “Partnering with RPM Transportation presents an exceptional opportunity. We are enthusiastic about being a part of RPM’s ongoing growth journey and are confident in their capability to capitalize on emerging opportunities within both the automotive and specialty freight transportation sectors.”
Blake Bonner, Partner at Trive Capital, further emphasized RPM’s strong market position: “RPM Transportation represents a compelling investment in the transportation logistics industry, supporting a clear market leader. We believe that the company’s comprehensive suite of services and advanced technological capabilities are key differentiators that set them apart in the competitive landscape.”
About RPM Transportation
Headquartered in Royal Oak, Michigan, RPM Transportation delivers data-driven solutions to a diverse clientele, including OEMs, online dealers, and remarketing firms, across more than 30 countries in North America and Europe. The company adeptly manages all aspects of finished vehicle transport and component freight needs.
To discover more about RPM Transportation and their comprehensive service offerings, please visit www.rpmmoves.com.
About Bluejay Capital
Bluejay Capital (“Bluejay”) is a private equity firm with a strong operational focus, investing primarily in transportation and logistics businesses. Their team brings over 120 years of combined operating experience within the sector, comprising industry veterans with a proven history of fostering growth and creating value.
Further details about Bluejay Capital can be found at www.bluejay-capital.com.
About Trive Capital
Trive Capital, based in Dallas, Texas, is a private equity firm managing over $7 billion in regulatory assets. Trive strategically invests in equity and debt within middle-market companies that demonstrate significant potential for transformational growth through operational enhancements. Their investment approach is centered on a hands-on partnership, aiming to identify and implement value-creation strategies to maximize returns.
The Trive team consists of seasoned investment professionals with involvement in over 100 middle-market transactions, representing more than $6 billion in revenue across Trive’s target industries and investment scenarios.
SOURCE Trive Capital
