Navigation Capital Partners Acquires James Brown Contracting
Navigation Capital Partners announced the acquisition of James Brown Contracting Inc. and its subsidiaries, Brown Trucking Company and JBT Brokerage.
Navigation Capital Partners announced the acquisition of James Brown Contracting Inc. and its subsidiaries, Brown Trucking Company and JBT Brokerage.
Navigation and VVS Capital, another Atlanta-based private equity firm, formed James Brown Holdings, LP as part of the transaction.
Founded in 1976 and based in Lithonia, Ga., Brown is a dedicated freight carrier with terminals located in the Southeast and Mid-South. With 500 trucks and more than 3,000 trailers, Brown is the leading dedicated freight transportation provider to the paper and packaging industry. Brian Kinsey will become Brown's chief executive officer and founder James W. Brown will continue in an executive role with the company.
Kinsey is a nationally recognized trucking executive with experience in several other leading companies including Landstar System, CarrierPoint, Bennett Motor Express, Dobbs Houses and North American Van Lines.
Navigation Capital Partners is an Atlanta-based private equity firm focused on leveraged buyouts, recapitalizations and growth capital investments.
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