TransForce bought by equity group
Palladium Equity Partners LLC has purchased TransForce Inc., a staffing and recruiting company for truck drivers.
TransForce, based in Alexandria, has 47 branches in 24 states and dispatches more than 2,500 drivers daily to logistics companies, private fleets and trucking companies.
“Palladium shares our vision for TransForce and has significant experience providing companies with the necessary resources to accelerate growth,” David Broome, president and CEO of TransForce, said in a statement.
The purchase price was not disclosed.
Palladium is a middle-market, private-equity group in New York with more than $2 billion in assets under management.