Private Equity Firm Buys Utah-Based Refrigerated Carriers

December 22, 2016

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KJM Capital, an Orlando, Fla.-based private equity firm, has acquired refrigerated carriers Interide Transport and Blue Sky Logistics in separate transactions.

Salt Lake City, Utah-based Interide Transport specializes in transporting refrigerated food products and other protected cargo in the western U.S. It maintains a fleet of over 100 tractors and refrigerated trailers.

Blue Sky Logistics is a refrigerated carrier based in Smithfield, Utah that also operates predominately in the West, operating 30 power units and 35 refrigerated trailers. As part of the acquisition, Blue Sky has been integrated into Interide Transport.

These latest additions complement KJM ’s acquisitions of Lexington, S.C.-based Charles Gantt Trucking and Lakeland, Fla.-based Sunco Carriers (also d/b/a Watkins Refrigerated) in 2015 and 2016, respectively.

The KJM family of carriers will offer full truckload, temperature-controlled transport services to a national customer base. Through these acquisitions, KJM’s combined fleets have increased to 450 tractors and 700 refrigerated units.

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