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Transflo And True Wind Capital Announce Significant New Equity Investment From Bregal Sagemount

Dec 14, 2021•over 3 years ago

Description

Transflo, a leading provider of mobile business intelligence and payments facilitation tools to the transportation sector, today announced a significant new equity investment. Together with True Wind Capital (“True Wind”), a San Francisco-based private equity firm focused on investing in leading technology companies, Transflo welcomes Bregal Sagemount (“Sagemount”), a global private equity firm that specializes in backing growing companies to the Board and investor base. Carousel Capital, Transflo’s first institutional investor, remains a significant minority investor. Financial terms of the transaction were not disclosed.

Company Information

Company

Transflo

About

Transflo®, a Pegasus TransTech company, is a leading provider of mobile, business intelligence and payments facilitation software to the transportation industry. The company’s cloud‐based technologies digitize nearly 800 million shipping documents each year with over $100 billion in freight spend flowing over the Transflo rails. Organizations throughout the Transflo client and partner network use the solution suite and digital platforms to increase efficiency, improve cash flow, and reduce costs. Headquartered in Tampa, Florida, USA, Transflo is setting the pace for innovation in transportation software. For more information, visit www.transflo.com.