Northampton Capital Partners; ABR Capital Partners, an independent investment manager specializing in middle-market investments; and Biynah Industrial Partners (BIP) have announced a $200 million joint venture forming Transportation Related Infrastructure Platform (TRIP).
TRIP will acquire, own and operate contracted logistics assets across the United States, including truck terminals, fleet terminals, freight-handling facilities and other transportation-related infrastructure assets. The joint venture builds on an existing portfolio of seven assets across seven states, with additional acquisitions expected in supply-constrained logistics markets.
“Truck terminals and fleet facilities that sit in the center of the freight network in supply-constrained last-mile markets are challenging to replicate and benefit from both local and broad-based U.S. economic growth,” said Corinne Still, founding partner at Northampton.
The joint venture’s focus on acquiring tra
