LaserShip, Inc.

BB&T Capital Markets Serves as Exclusive Financial Advisor to LaserShip, Inc. in its sale to Greenbriar Equity Group LLC

Transaction summary

On March 1, 2018, LaserShip, Inc. (“LaserShip” or the "Company"), a portfolio company of Monitor Clipper Partners, LLC (“Monitor Clipper”), was acquired by Greenbriar Equity Group LLC (“Greenbriar”). BB&T Capital Markets served as the exclusive financial advisor to LaserShip.

Blake Averill, Chief Executive Officer of LaserShip, noted: “The BB&T team was as passionate about telling our story as we were. Their industry expertise and process acumen enabled us to realize an excellent outcome in a tight timeframe. Keith, Hugh and team are true professionals.”

“We appreciate the opportunity to work with LaserShip on this important step of their journey,” said Keith Prusek, Managing Director and Co-Head of the Logistics & Transportation Group at BB&T Corporate & Institutional. “The management team has done an amazing job growing the Company and positioning it for continued success. We look forward to following LaserShip as it executes on its growth plan in partnership with Greenbriar Equity Group.”

About the companies

LaserShip, Inc.

LaserShip is a leading parcel delivery provider that leverages an integrated hub-and-spoke delivery network across 21 states in the Eastern US to provide “distribution center to doorstep” services to shippers in e-Commerce and other attractive markets. Founded in 1986, LaserShip offers a diversified service portfolio focused on speed and flexibility in same-day and next-day delivery.

Learn moreabout LaserShip Incorporated (opens in a new tab)

Monitor Clipper Partners

Located in Boston, MA, Monitor Clipper Partners is a middle market private equity fund. Since its founding in 1998, Monitor Clipper has invested in more than 40 companies across a wide variety of industries, including natural and organic foods, specialty retail, health care services, gaming, metals, logistics, and financial services technology.

Learn moreabout Monitor Clipper Partners (opens in a new tab)

Greenbriar Equity Group LLC

Greenbriar Equity Group LLC, a private equity firm with over $2.5 billion of committed capital, focuses exclusively on the global transportation industry, including companies in logistics and distribution, aerospace and air transport, automotive, industrial equipment and components, surface transport, MRO and other related sectors. Greenbriar invests with proven management teams who are interested in being significant equity owners in their companies as well as with corporate partners who are interested in raising capital. Greenbriar’s partners bring many decades of experience at the highest levels within the transportation industry.

Learn moreabout Greenbriar Equity Group LLC (opens in a new tab)

Logistics & Transportation

Our Logistics & Transportation Team provides comprehensive investment banking services across eight industry segments and is one of the most active advisors in the middle-market.

Since 2010, our Logistics & Transportation Team has closed more than 40 sell-side M&A transactions and 60 public debt and equity offerings.

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