Goldman Sachs

Goldman Sachs is a global investment banking, securities, and investment management firm headquartered in New York City. Established in 1869, it provides a wide range of financial services to corporations, financial institutions, governments, and high-net-worth individuals. The firm operates through several segments, including Investment Banking, which offers financial advisory services related to mergers and acquisitions, and underwriting services for public and private offerings. Its Institutional Client Services segment facilitates client transactions across various asset classes and provides services like securities lending. The Investing & Lending segment focuses on long-term loans and investments in debt and equity securities, while the Investment Management segment offers portfolio management and wealth advisory services. Additionally, Goldman Sachs engages in private equity investments across multiple sectors and geographies, reinforcing its position as a leading investor in both public and private markets.

Raanan A. Agus

MD, Co-Head of the GSIS Portfolio Management Team and Portfolio Manager

Julian Allen

Chief Operating Officer of Infrastructure Investment Group

Jeffrey A. Barclay

MD

Merrick M. Elfman

Pharmacy Operations

J. Brent Humphries

Director

Luisa Leyenaar

Managing Director

Robert Magnuson

MD, Head of High Yield Strategies & Portfolio Manager

David Solomon

President and Chief Operating Officer

Suwabe C.M.A., Ph.D., Takashi

MD & Portfolio Manager

Past deals in Transport and logistics

TIER Mobility

Convertible Note in 2023
TIER Mobility is a Berlin-based provider of sustainable micro-mobility sharing-solutions. TIER is the fastest-growing micro-mobility company worldwide, expanding its operations to 32 European cities in less than nine months. Through its platform and focus on operational excellence, TIER allows for the integration of all micro-mobility assets. This enables TIER to enter strategic partnerships with public transportation, and other mobility providers such as SIXT. Currently, TIER has strategic partnerships with public transportation providers in Berlin, Munich, and Bonn. The company is lead by an experienced founder team with a proven track record in sustainability and technology with the vision to transform the quality of life in cities.
New York Shipping Exchange enables the transformation of the container shipping industry through two innovations: a new standardized freight contract and a new way to trade freight digitally. The company is supporting the transformation of container shipping by solving inefficiencies associated with booking downfalls and shipment rollings. They determined to eliminate the distrust between shippers and carriers that has been created by the lack of accountability in ocean contracts. It was founded in 2014 and headquartered in New York, United States.

TemperPack

Venture Round in 2022
TemperPack Technologies, Inc. designs and manufactures thermal packaging products specifically for insulated and temperature-sensitive goods. The company provides various shipping containers suitable for transporting perishable food and medical supplies, including one-piece boxes, two-piece liners, and temper sleeves. These products are utilized to ship meal kits, sensitive medications, prepared meals, seafood, meats, and desserts. Established in 2015 and based in Richmond, Virginia, with additional facilities in Las Vegas, Nevada, TemperPack serves e-commerce food companies across the United States, the United Kingdom, and Canada. The company is committed to sustainable design, having developed the first certified fully curbside recyclable insulated shipping solution, aiming to address packaging challenges in the perishable food and life sciences sectors.

ElasticRun

Series E in 2022
ElasticRun appears to be building a similar app-based asset-light model for receiving orders and dispatching delivery drivers.ElasticRun is building next generation transportation technology that will power the ecommerce and distribution industry of India.

Exotec

Series D in 2022
Exotec Solutions, based in Croix, France, specializes in innovative order preparation systems that utilize a fleet of collaborative mobile robots. Founded in 2016, the company’s technology enhances warehouse management by employing an orders-to-man system, which brings items directly to the picker, improving efficiency in e-commerce, fast-moving consumer goods, retail, and third-party logistics applications. The Exo robots navigate without fixed infrastructure, while the Fleet Control supervisor coordinates their movements and tasks, interfacing with warehouse management systems. This system essentially functions as a virtual conveyor with limitless path options, facilitating seamless picking and dropping of goods in various logistical environments.

project44

Private Equity Round in 2022
Project44, Inc. is a technology company that provides a cloud-based visibility platform tailored for shippers and third-party logistics providers. Founded in 2014 and headquartered in Chicago, with an office in Paris, the company offers a suite of solutions that includes pricing, routing, scheduling, tracking, exception management, digital documentation, and payment processing. By connecting to over 175,000 carriers globally and supporting various transportation modes—such as parcel, final-mile, less-than-truckload, truckload, rail, intermodal, and ocean—project44 enhances operational efficiencies and reduces costs. Its platform enables organizations to improve shipping performance and offers a comprehensive view of the shipment life cycle, allowing businesses to act swiftly on insights gained from real-time data.

Kobo360

Series B in 2021
Kobo360 is a tech-enabled digital logistics platform that aggregates end-to-end haulage operations to help cargo owners, truck owners, and drivers, and cargo recipients to achieve an efficient supply chain framework. Through an all-in-one robust logistics ecosystem, Kobo uses big data and technology to reduce logistics frictions, empowering rural farmers to earn more by reducing farm wastages and helping manufacturers of all sizes to find new markets. Kobo enables unprecedented efficiency and cost reduction in the supply chain, providing 360-visibility while delivering products of all sizes safely, on time and in full. The Kobo mission is to build the Global Logistics Operating System that will power trade and commerce across Africa and Emerging Markets. The company is also preparing to enter the agro-trading space by creating a marketplace that links farmers with buyers all over the world. The marketplace will effectively eliminate the high cost of middlemen for smallholder farmers and significantly improve profits. Ife Oyedele ll and Obi Ozor founded it in 2017 and is headquartered in Lagos, Nigeria.

TIER Mobility

Debt Financing in 2021
TIER Mobility is a Berlin-based provider of sustainable micro-mobility sharing-solutions. TIER is the fastest-growing micro-mobility company worldwide, expanding its operations to 32 European cities in less than nine months. Through its platform and focus on operational excellence, TIER allows for the integration of all micro-mobility assets. This enables TIER to enter strategic partnerships with public transportation, and other mobility providers such as SIXT. Currently, TIER has strategic partnerships with public transportation providers in Berlin, Munich, and Bonn. The company is lead by an experienced founder team with a proven track record in sustainability and technology with the vision to transform the quality of life in cities.

project44

Series E in 2021
Project44, Inc. is a technology company that provides a cloud-based visibility platform tailored for shippers and third-party logistics providers. Founded in 2014 and headquartered in Chicago, with an office in Paris, the company offers a suite of solutions that includes pricing, routing, scheduling, tracking, exception management, digital documentation, and payment processing. By connecting to over 175,000 carriers globally and supporting various transportation modes—such as parcel, final-mile, less-than-truckload, truckload, rail, intermodal, and ocean—project44 enhances operational efficiencies and reduces costs. Its platform enables organizations to improve shipping performance and offers a comprehensive view of the shipment life cycle, allowing businesses to act swiftly on insights gained from real-time data.

CargoX

Series E in 2020
CargoX is a technology freight marketplace that provides shipping companies and carriers a smart and efficient solution to transport the most diverse types of products in any parts of Brazil. Through technology, we connect over 10 thousand shippers with 1.4 million trucks to eliminate excess capacity. CargoX save on shipping costs for shippers, increase earnings for truckers and reduces C02 emissions generated by empty trucks on the road. CargoX was founded on 2013 and is headquartered in Sao Paulo, Brazil.

Twiga Foods

Venture Round in 2019
Twiga Foods Ltd. operates a mobile-based business-to-business supply platform, serving retail outlets, kiosks, and market stalls across Africa. Founded in 2013 and headquartered in Nairobi, Kenya, the company facilitates the ordering of various supplies, including bananas, pineapples, and tomatoes, through its innovative platform. Twiga Foods aims to streamline the supply chain and enhance access to essential goods for millions of small and medium-sized vendors in urban markets throughout the continent.

Kobo360

Series A in 2019
Kobo360 is a tech-enabled digital logistics platform that aggregates end-to-end haulage operations to help cargo owners, truck owners, and drivers, and cargo recipients to achieve an efficient supply chain framework. Through an all-in-one robust logistics ecosystem, Kobo uses big data and technology to reduce logistics frictions, empowering rural farmers to earn more by reducing farm wastages and helping manufacturers of all sizes to find new markets. Kobo enables unprecedented efficiency and cost reduction in the supply chain, providing 360-visibility while delivering products of all sizes safely, on time and in full. The Kobo mission is to build the Global Logistics Operating System that will power trade and commerce across Africa and Emerging Markets. The company is also preparing to enter the agro-trading space by creating a marketplace that links farmers with buyers all over the world. The marketplace will effectively eliminate the high cost of middlemen for smallholder farmers and significantly improve profits. Ife Oyedele ll and Obi Ozor founded it in 2017 and is headquartered in Lagos, Nigeria.

Blackbuck

Series D in 2019
Keeping technology at the core, Zinka Logistics is redefining the logistics landscape of India, making it reliable and efficient. Our comprehensive approach to problems creates impact on the entire ecosystem of transportation, which stitches across large number of livelihoods. The transportation sector is ripe for a revolution, and Zinka Logistics marks the beginning.

AirTrunk

Debt Financing in 2019
AirTrunk is a technology company that specializes in the design, construction, and operation of large-scale, neutral hyperscale data centers. Founded in 2014 and headquartered in North Sydney, Australia, the company serves a range of clients, including large enterprises, cloud service providers, and content distributors. AirTrunk is recognized as a leader in the Asia Pacific market, known for its reliable infrastructure, innovative technology, and energy-efficient solutions. The company's focus on delivering secure and flexible data center services aims to support businesses in navigating an increasingly data-driven future.

CargoX

Venture Round in 2018
CargoX is a technology freight marketplace that provides shipping companies and carriers a smart and efficient solution to transport the most diverse types of products in any parts of Brazil. Through technology, we connect over 10 thousand shippers with 1.4 million trucks to eliminate excess capacity. CargoX save on shipping costs for shippers, increase earnings for truckers and reduces C02 emissions generated by empty trucks on the road. CargoX was founded on 2013 and is headquartered in Sao Paulo, Brazil.

TraceLink

Series D in 2018
TraceLink, Inc. provides a comprehensive track and trace network solution designed to connect the life sciences supply chain and combat counterfeit prescription drugs. The company specializes in pharmaceutical serialization and compliance services, offering the TraceLink Life Sciences Cloud, which facilitates global connectivity and visibility throughout the pharmaceutical supply chain. Key products include the Smart Rx Manager, which helps healthcare providers comply with European Union regulations, and EU FMD Express, tailored for smaller pharmaceutical firms. Additionally, the Serialized Product Intelligence application enables users to monitor supply chain operations and address potential issues. TraceLink serves a wide range of clients, including pharmaceutical companies and wholesale distributors, and has established strategic partnerships with industry leaders. Founded in 2009 and headquartered in North Reading, Massachusetts, TraceLink has expanded its presence with offices in the United Kingdom, India, Singapore, and Brazil, and is recognized for its contributions to improving supply chain performance and reducing risks in global pharmaceutical distribution.

AirTrunk

Debt Financing in 2018
AirTrunk is a technology company that specializes in the design, construction, and operation of large-scale, neutral hyperscale data centers. Founded in 2014 and headquartered in North Sydney, Australia, the company serves a range of clients, including large enterprises, cloud service providers, and content distributors. AirTrunk is recognized as a leader in the Asia Pacific market, known for its reliable infrastructure, innovative technology, and energy-efficient solutions. The company's focus on delivering secure and flexible data center services aims to support businesses in navigating an increasingly data-driven future.

TraceLink

Series D in 2018
TraceLink, Inc. provides a comprehensive track and trace network solution designed to connect the life sciences supply chain and combat counterfeit prescription drugs. The company specializes in pharmaceutical serialization and compliance services, offering the TraceLink Life Sciences Cloud, which facilitates global connectivity and visibility throughout the pharmaceutical supply chain. Key products include the Smart Rx Manager, which helps healthcare providers comply with European Union regulations, and EU FMD Express, tailored for smaller pharmaceutical firms. Additionally, the Serialized Product Intelligence application enables users to monitor supply chain operations and address potential issues. TraceLink serves a wide range of clients, including pharmaceutical companies and wholesale distributors, and has established strategic partnerships with industry leaders. Founded in 2009 and headquartered in North Reading, Massachusetts, TraceLink has expanded its presence with offices in the United Kingdom, India, Singapore, and Brazil, and is recognized for its contributions to improving supply chain performance and reducing risks in global pharmaceutical distribution.

CargoX

Series C in 2017
CargoX is a technology freight marketplace that provides shipping companies and carriers a smart and efficient solution to transport the most diverse types of products in any parts of Brazil. Through technology, we connect over 10 thousand shippers with 1.4 million trucks to eliminate excess capacity. CargoX save on shipping costs for shippers, increase earnings for truckers and reduces C02 emissions generated by empty trucks on the road. CargoX was founded on 2013 and is headquartered in Sao Paulo, Brazil.

Mahindra Logistics

Venture Round in 2017
Mahindra Logistics Limited is end-to-end logistics solution and service provider. Mahindra Logistics is part of Mahindra Group (M&M), one of India's leading corporate groups with operations across several industries and countries. Before 2008 the logistics business of M&M was operated as a division of M&M serving the transportation and distribution, warehousing and in-factory logistics requirements of M&M. The logistics solution of the company includes transportation and distribution, warehousing, in-factory logistics and value added services to its clients. Company also provide people transportation solutions and services across India to over 100 domestic and multinational companies operating in the IT, ITeS, business process outsourcing, financial services, consulting and manufacturing industries in 12 cities and over 120 clients.

AirTrunk

Private Equity Round in 2017
AirTrunk is a technology company that specializes in the design, construction, and operation of large-scale, neutral hyperscale data centers. Founded in 2014 and headquartered in North Sydney, Australia, the company serves a range of clients, including large enterprises, cloud service providers, and content distributors. AirTrunk is recognized as a leader in the Asia Pacific market, known for its reliable infrastructure, innovative technology, and energy-efficient solutions. The company's focus on delivering secure and flexible data center services aims to support businesses in navigating an increasingly data-driven future.

TraceLink

Series C in 2016
TraceLink, Inc. provides a comprehensive track and trace network solution designed to connect the life sciences supply chain and combat counterfeit prescription drugs. The company specializes in pharmaceutical serialization and compliance services, offering the TraceLink Life Sciences Cloud, which facilitates global connectivity and visibility throughout the pharmaceutical supply chain. Key products include the Smart Rx Manager, which helps healthcare providers comply with European Union regulations, and EU FMD Express, tailored for smaller pharmaceutical firms. Additionally, the Serialized Product Intelligence application enables users to monitor supply chain operations and address potential issues. TraceLink serves a wide range of clients, including pharmaceutical companies and wholesale distributors, and has established strategic partnerships with industry leaders. Founded in 2009 and headquartered in North Reading, Massachusetts, TraceLink has expanded its presence with offices in the United Kingdom, India, Singapore, and Brazil, and is recognized for its contributions to improving supply chain performance and reducing risks in global pharmaceutical distribution.

CargoX

Series B in 2016
CargoX is a technology freight marketplace that provides shipping companies and carriers a smart and efficient solution to transport the most diverse types of products in any parts of Brazil. Through technology, we connect over 10 thousand shippers with 1.4 million trucks to eliminate excess capacity. CargoX save on shipping costs for shippers, increase earnings for truckers and reduces C02 emissions generated by empty trucks on the road. CargoX was founded on 2013 and is headquartered in Sao Paulo, Brazil.

Uber

Debt Financing in 2016
Uber Technologies, Inc. is a technology company that operates a mobile application connecting consumers with independent drivers for ridesharing services, as well as facilitating food delivery through its Eats segment. Founded in 2009 and headquartered in San Francisco, Uber has expanded its operations to over 600 cities worldwide, serving customers across North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company has diversified its offerings into five segments: Rides, Eats, Freight, Other Bets, and Advanced Technologies Group. The Rides segment enables users to request rides from a variety of vehicle types, while the Eats segment allows for restaurant discovery and food delivery. The Freight segment connects carriers with shippers for logistics services. Uber is also focused on developing autonomous vehicle technology through its Advanced Technologies Group. By leveraging its platform, Uber aims to enhance urban mobility and deliver innovative transportation solutions globally.

Jumia

Series C in 2016
Jumia Technologies AG operates a comprehensive e-commerce platform across Africa, connecting consumers with a wide array of sellers. The platform includes a marketplace for various products such as fashion, electronics, and home goods, as well as services like food delivery, travel bookings, and classified ads. Jumia also offers logistics services to facilitate the shipping and delivery of products and a payment service to streamline transactions within its ecosystem. Founded in 2012 and headquartered in Berlin, Germany, Jumia has become a key player in the digital transformation of the African economy. The company supports over 50,000 local businesses and individuals, creating job opportunities and fostering skill development on the continent. Through its operations, Jumia aims to enhance the shopping experience for consumers while providing businesses with efficient distribution solutions.

LLamasoft

Series B in 2015
Over 750 of the world’s most innovative companies rely on LLamasoft to answer their toughest supply chain questions. Powered by the most comprehensive set of supply chain analytics, LLamasoft technology helps business leaders design the supply chain they need to achieve their profitability, service, and growth goals. Breaking down the limitations of traditional planning and operational systems, LLamasoft creates a true end-to-end view of the global supply chain to reveal the optimal design, assess trade-offs and enable decision making across strategic, tactical and operational time horizons. LLamasoft customers have already identified how they can recapture over $13B in savings and the same technology is being used to solve some of the most complex supply delivery problems in developing nations. Partnering with humanitarian organizations, government entities and as part of the World Economic Forum, LLamasoft plans to positively impact 100 million lives by 2022.

Shanghai ANE Logistics

Series D in 2015
Shanghai ANE Logistics Co., Ltd. is a leading less-than-truckload (LTL) operator in China, known for its innovative franchise model. Founded in 2010 and headquartered in Hangzhou, the company has developed a comprehensive national delivery network comprising approximately 5,000 franchised stores. Shanghai ANE Logistics operates 50 distribution centers and utilizes a combination of self-operated sorting centers and contracted line-haul trucks to provide efficient trucking and logistics services across the country. This strategic approach has positioned the company as one of the largest and fastest-growing players in the LTL industry in China.

Uber

Convertible Note in 2015
Uber Technologies, Inc. is a technology company that operates a mobile application connecting consumers with independent drivers for ridesharing services, as well as facilitating food delivery through its Eats segment. Founded in 2009 and headquartered in San Francisco, Uber has expanded its operations to over 600 cities worldwide, serving customers across North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company has diversified its offerings into five segments: Rides, Eats, Freight, Other Bets, and Advanced Technologies Group. The Rides segment enables users to request rides from a variety of vehicle types, while the Eats segment allows for restaurant discovery and food delivery. The Freight segment connects carriers with shippers for logistics services. Uber is also focused on developing autonomous vehicle technology through its Advanced Technologies Group. By leveraging its platform, Uber aims to enhance urban mobility and deliver innovative transportation solutions globally.

Jumia

Series C in 2014
Jumia Technologies AG operates a comprehensive e-commerce platform across Africa, connecting consumers with a wide array of sellers. The platform includes a marketplace for various products such as fashion, electronics, and home goods, as well as services like food delivery, travel bookings, and classified ads. Jumia also offers logistics services to facilitate the shipping and delivery of products and a payment service to streamline transactions within its ecosystem. Founded in 2012 and headquartered in Berlin, Germany, Jumia has become a key player in the digital transformation of the African economy. The company supports over 50,000 local businesses and individuals, creating job opportunities and fostering skill development on the continent. Through its operations, Jumia aims to enhance the shopping experience for consumers while providing businesses with efficient distribution solutions.

Odyssey Logistics & Technology

Venture Round in 2014
Odyssey Logistics & Technology (OL&T) and its subsidiaries deliver a comprehensive portfolio of managed logistics and third-party services to the global chemical and process manufacturing industries. The Odyssey Global Logistics PlatformSM is OL&T’s technology infrastructure, and features a patented proprietary net-native transportation management system that supports the safe, reliable and efficient delivery of client products throughout the world. With double digit average annual revenue growth rates for the last five years, OL&T moves products with more than $42 billion in value between 185,000 origins and destinations and 220 ports worldwide, servicing midsize to large global chemical and process industry clients.

TVS Logistics Services

Venture Round in 2012
TVS Logistics is a fast growing 3rd party logistics provider across multiple verticals including automotive, distribution, electronics, and discrete component manufacturing. They are a flagship company of the highly respected TVS group. TVS Logistics was established in 2004 and provides integrated supply chain solutions across the world either directly or through there joint ventures and subsidiaries. With there extensive global footprint and strong expertise in supply chain logistics, they offer unparalleled levels of customer satisfaction.

Uber

Series B in 2011
Uber Technologies, Inc. is a technology company that operates a mobile application connecting consumers with independent drivers for ridesharing services, as well as facilitating food delivery through its Eats segment. Founded in 2009 and headquartered in San Francisco, Uber has expanded its operations to over 600 cities worldwide, serving customers across North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company has diversified its offerings into five segments: Rides, Eats, Freight, Other Bets, and Advanced Technologies Group. The Rides segment enables users to request rides from a variety of vehicle types, while the Eats segment allows for restaurant discovery and food delivery. The Freight segment connects carriers with shippers for logistics services. Uber is also focused on developing autonomous vehicle technology through its Advanced Technologies Group. By leveraging its platform, Uber aims to enhance urban mobility and deliver innovative transportation solutions globally.

Kenan Advantage Group

Acquisition in 2010
KAG is North America's largest tank truck transporter and logistics provider, delivering fuel, chemicals, industrial gases, and food-grade products. The Company is the only independent fuels delivery carrier with a nationwide network with the ability to deliver to all 48 states of the continental United States and Mexico. In addition, KAG operates locations in Canada across Alberta, British Columbia, Ontario, Saskatchewan and the Northwest Territories. To learn more about KAG's transportation and logistics service offerings, footprint, and asset base.

LNG Holdings

Private Equity Round in 2000
LNG Holdings S.A. offers local loop, national and international managed bandwidth services plus a new generation of telephony, Internet and online IT solution bundles for commercial businesses and operators. The company's service spectrum ranges from fiber-optic transmission circuits to high bit-rate IP services and even co-location services at all its PoPs. LNG Holdings S.A aims to become a pre-eminent provider of managed bandwidth services throughout Europe, and has rapidly established itself as a leader in Europe's largest telecommunications market, Germany, as well as building extensive networks in France and Spain and links to other major European cities, including Amsterdam, Brussels and London.

3PLex.com

Series B in 2000
3PLex.com is an online logistics service provider that enhances productivity across the transportation industry by integrating the expertise of third-party logistics (3PL) companies with the advantages of Internet-based logistics solutions. Founded in 1999 and based in Cambridge, Massachusetts, the platform offers 3PLs immediate access to cost-effective online load-matching and automation tools, thereby facilitating efficiency improvements. Unlike other logistics websites that aim to eliminate the role of 3PLs by connecting shippers and carriers directly, 3PLex.com focuses on fostering collaboration among these parties. This approach enables member companies to improve their productivity and expand their operations by facilitating the movement of goods in a more economical, straightforward, and reliable manner. 3PLex.com is currently owned by IBM.

ShipLogix

Series A in 2000
ShipLogix program is a suite of transportation management tools designed to streamline the process of purchasing and executing transportation for both shippers and carriers and their trading partners.

GoCargo.com

Series B in 2000
GoCargo.com, an online exchange bringing together buyers and sellers of international container shipments

Webvan

Series D in 1999
Internet retailer that offers delivery services by integrating its web store with a distribution facility and delivery system