Uber Technologies Inc (NYSE: UBER) Acquires Transplace Through Uber Freight

Uber Technologies Inc’s (NYSE: UBER) Subsidiary, Uber Freight, has announced the acquisition of TPG Capital’s Transplace at $2.25 billion in cash. GCM Grosvenor, D1 Capital, and Abu Dhabi Growth fund made a $550 million investment in Uber Freight to support the transaction. The acquisition combines operational solutions and shipper technology from Transplace with digitally-enabled carriers […]