Private Equity Group Acquires Logistics Platform in Strategic Deal
Transaction positions tech-enabled fulfillment platform for accelerated growth amid surging e-commerce demand and supply chain digitization
NEW YORK – November 15, 2025– Riverside Capital Partners, a leading middle-market private equity firm, today announced the acquisition of a majority stake in LogiCore Solutions, a rapidly growing technology-enabled logistics platform specializing in e-commerce fulfillment and last-mile delivery optimization. The transaction values LogiCore at approximately $380 million and represents Riverside Capital’s strategic entry into the high-growth logistics technology sector.
The acquisition comes as the global logistics technology market demonstrates robust expansion, with M&A activity rebounding strongly in 2025. According to Capstone Partners’ June 2025 market analysis, logistics technology transaction volumes increased 23% year-over-year, driven by enterprise demand for integrated supply chain solutions and the critical need for operational resilience. The report highlights that cloud-based fulfillment platforms command premium valuations due to their ability to reduce customer logistics costs by 15-20% while improving delivery times by an average of 30%. LogiCore’s proprietary AI-driven warehouse management system and its network of 47 fulfillment centers position it squarely within this high-value segment.
“LogiCore has built a truly differentiated platform that solves fundamental pain points for mid-market e-commerce brands struggling with fulfillment complexity,” said Jennifer Martinez, Managing Partner at Riverside Capital Partners. “Their technology-first approach and demonstrated ability to scale operations while maintaining 99.8% order accuracy make them an ideal partner for our value-creation strategy. We see tremendous runway for growth both organically and through strategic acquisitions.”
LogiCore Solutions, founded in 2018 by CEO David Chen and CTO Maria Santos, has experienced compound annual revenue growth of 45% over the past three years, reaching projected 2025 revenues of $127 million. The platform serves over 320 direct-to-consumer brands across fashion, health and wellness, and consumer electronics verticals. Unlike traditional third-party logistics providers, LogiCore’s integrated software stack offers real-time inventory visibility, predictive demand forecasting, and dynamic carrier routing that automatically optimizes for cost and speed based on parcel characteristics and delivery zones.
The logistics sector’s transformation continues to accelerate, with global e-commerce sales expected to exceed $7.1 trillion by 2026, according to industry research. Supply chain digitization initiatives have become board-level priorities for retailers facing persistent labor shortages and rising transportation costs. LogiCore’s client retention rate of 96% and net revenue retention of 142% underscore the platform’s mission-critical role in its customers’ operations. The company’s recent expansion into sustainable packaging automation and carbon footprint tracking has opened new revenue streams while addressing growing consumer and regulatory demands for environmental transparency.
Under the partnership, Chen and Santos will retain significant ownership stakes and continue leading the business, with Riverside Capital providing capital and strategic support for geographic expansion, technology development, and M&A opportunities. The private equity firm plans to invest an additional $45 million in growth initiatives over the next 24 months, including the development of micro-fulfillment centers in secondary markets and the expansion of same-day delivery capabilities. Riverside Capital’s portfolio includes several successful software and business services investments, with three platform companies achieving exit multiples averaging 3.2x invested capital over the past five years.
“The Riverside team demonstrated deep understanding of logistics technology’s complexity and appreciated our culture of innovation from day one,” said David Chen, CEO of LogiCore Solutions. “This partnership gives us the resources to accelerate our product roadmap, expand into Canada and Mexico, and pursue strategic tuck-in acquisitions that enhance our AI capabilities. Our mission remains unchanged: empowering brands to compete with e-commerce giants through world-class fulfillment technology.”
The transaction was financed through a combination of equity from Riverside Capital Partners VIII, L.P. and debt financing provided by a syndicate led by Goldman Sachs. Kirkland & Ellis LLP served as legal counsel to Riverside Capital, while LogiCore was advised by Jefferies LLC and Latham & Watkins LLP. The deal is expected to close in January 2026, subject to customary regulatory approvals.
About LogiCore Solutions
LogiCore Solutions is a leading technology-enabled logistics platform providing e-commerce fulfillment, last-mile optimization, and supply chain visibility solutions to direct-to-consumer brands. Founded in 2018, the company operates a network of 47 fulfillment centers across the United States and serves over 320 clients through its proprietary AI-driven software platform. LogiCore’s integrated approach to warehousing, transportation management, and predictive analytics enables brands to scale operations while maintaining exceptional customer experiences. For more information, visit www.logicoresolutions.com.
About Riverside Capital Partners
Riverside Capital Partners is a middle-market private equity firm focused on investing in growing B2B software and technology-enabled business services companies. With over $2.3 billion in assets under management, Riverside Capital partners with founder-led businesses to accelerate growth through operational improvements, strategic M&A, and market expansion. The firm has completed more than 30 platform investments since its founding in 2008, with offices in New York, Chicago, and Los Angeles.
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