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FOR IMMEDIATE RELEASE
Lazer Spot Selects Greenbriar Equity Group as New Equity Partner
RYE, NY, February 9, 2015 – Lazer Spot, Inc., the leading provider of outsourced yard
management services, has selected Greenbriar Equity Group LLC , a New York-based private
investment firm, as its new equity partner. Terms of the transaction were not disclosed. Lazer
Spot will immediately become a majority owned Greenbriar portfolio company.
Lazer Spot is the category leader in a comprehensive range of critical outsourced yard
management services including trailer spotting (rapid and precise movement of empty and full
trailers at its customers’ distribution centers and manufacturing facilities) and shuttling (ondemand movement of empty or full trailers between customers’ sites, distribution facilities,
third party rail yards and shipping ports). Founded in 1996 and headquartered in Atlanta, GA,
Lazer Spot is the only national provider of spotting services offering a compelling value
proposition at 260 sites for more than 80 blue chip customers across the consumer packaged
goods, food & beverage, pulp & paper, retail and other industrial sectors.
Jill Raker, Managing Partner at Greenbriar, said: “Lazer Spot has an outstanding management
team, an excellent customer base, and the leading set of logistics solutions for yard management.
We are excited to be partnering with Adam Newsome and his team and look forward to
supporting the Company’s growth with both existing and new customers.”
Adam Newsome, Lazer Spot’s CEO said: “This transaction marks an important milestone in
Lazer Spot’s development. We are eager to work with our new partner, Greenbriar, a firm with
a long-standing focus on the logistics sector. Given their experience and relationships,
Greenbriar can provide unique support as we continue to grow our business while remaining
committed to providing best in class service to our customers.”
About Greenbriar Equity Group
Greenbriar Equity Group LLC, a private equity firm with over $2.5 billion of committed capital,
focuses exclusively on the global transportation industry, including companies in logistics and
distribution, aerospace and air transport, automotive, industrial equipment and components,
MRO, surface transport and other related sectors. Greenbriar invests with proven management
teams who are interested in being significant equity owners in their companies as well as with
corporate partners who are interested in raising capital. Greenbriar’s partners bring many
decades of experience at the highest levels within the transportation industry. Additional
information may be found at www.greenbriarequity.com.
555 Theodore Fremd Avenue, Suite A-201
Rye, New York 10580
Phone 914.925.9600 Fax 914.925.9699
About Lazer Spot
Lazer Spot, Inc. is the largest independent provider of comprehensive yard management
services and solutions in the U.S., managing the movement of trailers at high volume
distribution centers and manufacturing facilities, and also providing trailer shuttle services,
through Company-provided tractors and drivers. The Company serves a diverse customer base
nationally including many of the world’s largest consumer products companies. To learn more
about Lazer Spot, please visit www.lazerspot.com.
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Media Contact:
Ross Lovern
Kekst and Company
(212) 521-4800
[email protected]