PE firms buy 3PL Navajo Expedited, target other acquisitions

Private equity firms Centre Partners and Altivare Capital Partners have acquired 3PL Navajo Expedited. The duo will advance the broker’s driver-vetting and pricing automation capabilities while seeking complementary acquisitions. Lakeland, Florida-based Navajo Expedited , was previously part of Navajo Express , a 300-unit over-the-road and dedicated carrier based in Denver. Financial terms of the transaction were not disclosed. Navajo Expedited is an eight-year-old truckload broker specializing in dry van and temperature-controlled transportation on time-sensitive and specialized lanes for food and beverage, consumer packaged goods and industrial shippers.