Peakstone advises FreightSaver on sale to Echo Global Logistics

Peakstone Group announced that it served as the exclusive financial advisor to FreightSaver in connection with its sale to Echo Global Logistics (“Echo”), a portfolio company of TJC LP.

FreightSaver, based in Huntington Beach, CA, is a leading provider of freight brokerage services across North America. Founded in 2014, the company quickly built a reputation for quality and service, driving strong customer retention with a blue-chip customer base.

"The M&A process was both rigorous and rewarding — a true reflection of the value we’ve built at FreightSaver. Joining forces with Echo Global Logistics wasn’t just a strategic move; it was the right move. Their resources and reputation amplify our capabilities and position us for even greater impact in the logistics space,” said Ryan Renne, CEO and Co-Founder of FreightSaver.

FreightSaver’s President and Co-Founder, Buster Schwab, commented, "The recent success of FreightSaver is a testament to what happens when smart logistics meet relentless hustle. We would like to thank the Peakstone team for their exceptional preparation and guidance throughout this highly strategic process. Their dedication and expertise were instrumental in delivering a great outcome for all stakeholders."

“It was a pleasure working with the FreightSaver team on this successful transaction. Our advisory role highlights Peakstone’s deep expertise in the transportation and logistics sector, and we’re proud to have delivered a strong outcome by navigating a competitive process to identify the ideal strategic partner and maximize shareholder value,” said Mike Williams, Managing Director at Peakstone.

Adding a broader perspective, Al Samouelian, Managing Director at Peakstone, shared:

“I joined Peakstone in 2024 to lead the firm’s Transportation & Logistics efforts, focusing on entrepreneur-led companies in the sector. As a former CEO and operating executive in the sector, I’m incredibly impressed by the operating platform and team-based culture Buster and Ryan built and thrilled that they ended up with a great partner in Echo Logistics.”

Terms of the transaction were not disclosed.