Patriot Capital Invests in Smith Transportation Services

2/5/19

Patriot Capital Group is pleased to announce a new unitranche debt and equity co-investment in Smith Transportation Services, made in support of Post Capital Partners' acquisition of the Company.

Founded in 2001, Smith Transportation is a national full-service third-party logistics & asset-light transportation services provider, with a leading presence in the Florida market. The Company's comprehensive brokerage servicing offering spans nationwide, across multiple modes of transportation, including Load-to-Ride, Less-than-Truckload, truckload and rail/intermodal brokerage. For more information, please visit the Smith Transportation Services website at www.smith-cargo.com.

About Patriot Capital

Patriot Capital is a leading provider of growth capital to small and medium-sized privately-held companies seeking to finance business expansion, acquisitions, management buyouts and balance sheet recapitalizations. Our senior deal professionals each have more than 20 years of corporate finance and operating experience, enabling us to provide the companies that we invest in with seasoned business judgement as well as strategic capital. Patriot Capital typically invests $5 to $20 million in the form of subordinated debt and equity and we can arrange larger transactions through relationships with our limited partners.

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