BDP International selects Greenbriar Equity Group for Strategic Partnership
BDP has selected Greenbriar Equity Group as its first strategic equity partner
PHILADELPHIA - BDP International ("BDP"), a leading privately held global logistics and transportation services company, has selected Greenbriar Equity Group ("Greenbriar"), a New York-based private equity firm with substantial experience in the international logistics space, as its first strategic equity partner.
Headquartered in Philadelphia, Pennsylvania, BDP International is a global industry leader in international logistics, transportation and supply chain solutions. BDP supports the unique supply chain needs of its diverse customer base, including those in the chemical and petrochemical, healthcare and life sciences, oil and gas, manufacturing, and retail and consumer good sectors. BDP is universally recognized for offering a best-in-class suite of visibility and supply chain management tools through its BDP Smart® technology. The company operates in 148 owned offices in 34 countries across the globe and employs over 5,000 logistics professionals worldwide.
"We first sought out BDP 15 years ago and introduced ourselves because of its outstanding reputation as a customer-focused, global logistics provider with a highly talented team," said Jill Raker, a Managing Partner at Greenbriar. "We've had the pleasure to get to know the business and team in depth over the last number of years and are thrilled for the opportunity to partner with them and to invest in BDP's future growth."
"BDP has been a household name in global logistics for the past 52 years, with customer service as our top priority," said Richard J. Bolte, Jr., Chairman and CEO of BDP International. "Greenbriar has a long-standing focus in the logistics sector and understands our business, strategy, and culture. This partnership will enable our team to pursue new organic initiatives, acquisitions, and investments that provide our esteemed customers with additional solutions to better manage their supply chains. I am thrilled to continue as CEO and am delighted that our executive leadership team will remain fully intact. We look forward to collaborating with Greenbriar and are excited about the possibilities our new partnership with Greenbriar will generate."
About Greenbriar Equity Group: Founded in 1999, Greenbriar Equity Group is a private equity firm with over $3.5 billion of committed capital focused on investing in market-leading services and manufacturing businesses in partnership with proven management teams. Greenbriar looks to identify companies capitalizing on strong long-term growth prospects that can benefit from Greenbriar's industry knowledge, operating capabilities, network of senior executive relationships, strategic insight and access to capital. Sectors of particular focus include logistics, aerospace and defense, industrial and business services, transportation, and specialty manufacturing. Additional information may be found at www.greenbriarequity.com.
About BDP International: Headquartered in Philadelphia, BDP International is a leading privately held global logistics and transportation services company based in the U.S. The company serves more than 4,000 customers worldwide and provides a range of services, including ocean, air and ground transportation; lead logistics process analysis, design and management; export freight forwarding; import customs clearance and regulatory compliance; project logistics; warehousing, consolidation and distribution; and its web-based BDP Smart Suite® of shipping transaction/tracking management and visibility applications. For more, visit www.bdpinternational.com.
More information: http://www.bdpinternational.com