Goodwin’s Private Equity team advised Charlesbank Capital Partners, LLC in the completed sale of its portfolio company, United Road Services (a prominent provider of vehicle transport and logistics in North America), to The Carlyle Group.
Charlesbank Capital Partners, based in Boston and New York, is a middle-market private equity investment firm managing more than $3.4 billion of capital. Charlesbank focuses on management-led buy-outs and growth capital financings, typically of companies with enterprise value ranging from $150 million to $1.5 billion, and also engages in opportunistic credit investments. The firm seeks to partner with strong management teams to build companies with sustainable competitive advantage and excellent prospects for growth.
The Goodwin deal team was led by partner Jon Herzog and associate Annie Cataldo and included partners David Patton, Scott Webster and Milena Tantcheva; associates Anna Ashville and Eliza Reed; and law clerk Steele Trotter.
For additional details on the transaction, please read the press release.