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November 11, 2020

COX Transportation Services, Inc.

Headquartered in Ashland, VA, COX Transportation Services, Inc. (“COX”) is a leading provider of freight hauling and brokerage services to customers in a diversified group of industries across the U.S.  COX specializes in transporting time-sensitive full truckload freight on a local, regional and national basis.  The Company also operates a brokerage division that serves carriers and freight customers with logistics optimization services.

Marriott & Co. acted as the exclusive financial advisor to COX in its recapitalization led by Expedition Capital Partners.  Debt financing and equity co-investments were provided by Tecum Capital Partners and Ironwood Capital.  Senior debt financing was provided by Truist Bank.