D1 Invests in Uber Freight

Paul, Weiss advised D1 Capital in its investment, alongside Abu Dhabi Growth Fund and GCM Grosvenor, in Uber Freight, a subsidiary of Uber Technologies, Inc. and one of the world’s largest digitally-enabled carrier networks. The combined $550 million investment provided partial financing for Uber Freight’s $2.25 billion all-cash acquisition of Transplace, a leading logistics technology platform, from TPG Capital.

The Paul, Weiss team included corporate partners Ted Ackerman and Raphael Russo; tax partner David Mayo; and antitrust counsel Yuni Sobel.