Gamut Capital Management and BCI to Invest in PS Logistics

Paul, Weiss is advising Gamut Capital Management, L.P., a leading New York-based middle market private equity firm, in partnership with British Columbia Investment Management Corporation, one of Canada’s largest institutional investors, in their investment in PS Logistics. As the largest and fastest-growing flatbed transportation and full-service logistics provider in the United States, PS Logistics employs a “driver-first” culture to transport general flatbed commodities with a specialization in irregular route service in the continental United States.

Financial terms of the transaction were not disclosed. The transaction is expected to close in the third quarter of this year, subject to customary closing conditions.

The Paul, Weiss team includes, among others, corporate partners Brian Kim and Matthew Goldstein; tax partner Brad Okun; intellectual property partner Charles Googe; real estate partner Peter Fisch; and litigation counsel Peter Jaffe.