Redwood Logistics

Redwood Logistics

Redwood Logistics was founded in 2001 by Mark Yeager as a third-party logistics provider headquartered in Chicago. The firm grew from a traditional freight brokerage into an end-to-end supply chain services platform, combining managed transportation, warehousing, and freight brokerage with a technology arm that includes proprietary transportation management systems and integration tools. Redwood has operated under private equity ownership for much of its history, with CI Capital Partners acquiring a majority stake in 2018 before the company was sold to AEA Investors in 2023. The firm deploys capital and operational resources across four main areas: freight brokerage, managed transportation services, warehousing and distribution, and its logistics technology platform, RedwoodConnect. The technology division provides cloud-based integration and visibility tools that sit atop clients' existing enterprise resource planning and transportation management systems. Redwood moves approximately 1 million shipments annually across North America, with a carrier network exceeding 50,000 partners. The firm's customer base spans the consumer packaged goods, industrial manufacturing, and retail verticals, with notable engagements including partnerships supporting large-scale e-commerce fulfillment networks. Redwood is headquartered in Chicago with multiple operating centers across the United States, though the exact number of locations has not been publicly consolidated post the AEA acquisition. The company has historically employed over 1,000 professionals. Redwood has not disclosed total assets under management or committed capital, consistent with its structure as an operating logistics company rather than an investment fund. In October 2023, AEA Investors completed its acquisition of Redwood Logistics from CI Capital Partners, marking a transition to new private equity sponsorship and signaling continued consolidation in the tech-enabled logistics sector. The firm's structural differentiator is its hybrid model pairing a physical freight brokerage network with an in-house software division. Unlike pure-play technology vendors that license tools to shippers, or pure brokers that connect carriers and customers, Redwood embeds its RedwoodConnect platform directly into client operations while also executing the freight. This creates a captive feedback loop between software development and operational data from their own logistics execution, a configuration most competitors cannot replicate.