HedgeCo.Net — Centre Partners and Altivare Capital Partners completed the acquisition of Navajo Expedited, a Lakeland, Florida technology-enabled freight logistics platform, according to a company PR Newswire release and follow-on Pulse2 and PE Hub coverage. Financial terms were not disclosed. Centre Strategic Solutions I is cited as providing partial funding in sponsor commentary around the deal.
Navajo connects shippers with more than 8,000 vetted third-party drivers across dry van and temperature-controlled freight. CEO Brandon Bodine remains in the role as the sponsors emphasize automation, driver-vetting technology, service expansion, and complementary acquisitions. The story is a completed lower-middle-market logistics buyout with an operating CEO continuity plan—not an announced auction process with competing bids on the public tape.
Mark the completed acquisition, the Centre–Altivare sponsor pair, the >8,000-driver network, CEO continuity, and the undisclosed purchase price. Do not invent EBITDA, leverage, or a purchase multiple.