DC Advisory advised Truckstop.com on its majority investment from ICONIQ Capital

DC Advisory acted as the exclusive financial advisor to Truckstop.com on its majority investment from ICONIQ Capital, a leading technology investment firm that partners with exceptional leaders and entrepreneurs to effect global impact and change. Truckstop.com will leverage ICONIQ Capital’s resources and expertise to expand the company’s portfolio of technology solutions, geared toward improving efficiencies for carriers and brokers. As one of the largest SaaS freight matching marketplaces in North America, Truckstop.com connects tens of thousands of carriers and brokers with technology solutions across the entire freight execution lifecycle. Today, the company’s solutions include freight matching, rate data, partner vetting tools, credit and insurance insights, freight visibility and payments.

Dave Dolan, John Roediger, Eddie Nie and the DC Advisory team have been great long-term partners to us. They demonstrated their deep transportation and supply chain tech experience during our growth investment in 2016, and again during this process where they helped us find the right partner for our next stage of growth in ICONIQ.

This is our third transaction in three years with the Transportation, Logistics and Supply Chain Tech team at DC Advisory. They are a trusted partner with proven expertise in this segment. Combined with the growth acceleration efforts of the Sagemount Growth Factors team, DC Advisory facilitated an exceptional outcome for existing shareholders.  We appreciate the team’s support throughout our ownership period, and look forward to our next deal with the DC Advisory team