KIYATEC Announces Investment from Seae Ventures and Names Co-founder and Managing Partner Jason Robart to its Board of Directors
01 May, 2021
– Arrive logistics announced an investment of over $300m led by ATL Partners.
– The investment includes primary and secondary equity, resulting in the ATL led investor group acquiring a significant minority equity stake and becoming the single largest investor in the Company.
– The Company will use the proceeds to invest in its proprietary technology, create new service offerings and expand the team.
– J.P. Morgan served as placement agent and Holland & Knight LLP served as legal counsel to Arrive. Credit Suisse served as financial advisor and Gibson, Dunn & Crutcher LLP served as legal counsel to ATL.