How Private Equity Is Buying Up Freight Brokerages

The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions · Jun 12, 2026 · 10m · transcript

Lucas and Luna dive into the quiet consolidation of the freight brokerage industry, where private equity firms are snapping up middlemen that match trucking capacity with shippers. They focus on the specific case of Echo Global Logistics, which was taken private by The Jordan Company in 2021 for $1.3 billion, and how PE is now targeting smaller brokerages with technology-driven roll-ups. Lucas explains the margin structure — brokerages typically keep 15 to 20 percent of the freight bill — and why scale matters in a fragmented market where the top 25 firms control only about 30 percent of the…