Redwood Logistics

Redwood Logistics has been majority-owned by private equity firms for most of its operating history. CI Capital Partners held a controlling stake from 2018 until October 2023, when AEA Investors acquired the business. Prior to CI Capital, the firm was backed by private equity firms including CID Capital. Founder Mark Yeager has remained CEO through these ownership transitions, per the firm's official communications.

Redwood operates a hybrid model. The company runs a significant freight brokerage and managed transportation business that physically moves over 1 million shipments annually. In parallel, it maintains a software division through its RedwoodConnect platform, which sells integration and visibility tools to shippers. This dual structure distinguishes the firm from pure technology vendors and pure third-party logistics providers.

RedwoodConnect is the firm's proprietary cloud-based logistics integration platform. It functions as middleware connecting shippers' existing enterprise resource planning systems and transportation management systems to carriers, providing real-time visibility, automated load tendering, and data analytics. Redwood deploys this software both to support its own managed transportation operations and as a standalone licensed product for clients.

While all three firms provide freight brokerage and managed transportation services, Redwood maintains a heavier relative emphasis on its proprietary technology layer. The RedwoodConnect platform is embedded into client supply chains as an integration layer rather than a stand-alone transportation management system, which creates stickier customer relationships. Redwood is also smaller in scale, focused on North America, and has operated under private equity ownership rather than as a public company.

Redwood Logistics does not operate an investment portfolio or make fund commitments. As a private-equity-backed operating company, investment decisions and capital allocation are determined by its board in coordination with its controlling sponsor. As of the AEA Investors acquisition in October 2023, strategic investment decisions fall under AEA's oversight, while operational decisions remain with Mark Yeager and the management team.