The Firm represented True Wind Capital in connection with its investment in Transflo. True Wind partnered with Transflo’s management team to recapitalize the business as a component of the investment. Private equity firm Carousel Capital, Transflo’s owner since 2013, will remain a minority investor in the company.
True Wind Capital is a San Francisco-based private equity firm focused on investing in leading technology companies.
Transflo® by Pegasus TransTech is a leading mobile, telematics and business process automation provider to the transportation industry in the United States and Canada. Through its technology, the company delivers real-time communications to thousands of fleets, brokers and commercial vehicle drivers.
The Simpson Thacher team included Robert Langdon, Michael Holick, Fred de Albuquerque and Blake Meyer (M&A); Brian Gluck, Jennifer Levitt, Shana Ramirez, Rustin Brown, Adam Weiner and Scott Winston (Banking & Credit); David Rubinsky and Monisha Bhayana (Executive Compensation and Employee Benefits); Jacqueline Clinton (Tax); Michael Nooney, Robert Guo, Brendan Baker, Jane Li and Laura Berzins (Funds); Jeff Ostrow and Marcela Robledo (Intellectual Property); Sara Razi, Ellen Frye, Kelly Karapetyan, William Kearney and Muran Zhu (Antitrust); and Steven DeLott (Insurance).