Versant Supply Chain

Description

Transportation Resource Partners, LP (“TRP”) makes investments in growth-oriented manufacturing and service-related businesses in the transportation industry. This fund capitalizes on strategic relationships, commercial synergies and the transportation industry expertise of Penske Corporation and its subsidiaries, partners and affiliates. TRP’s philosophy is to support existing management teams, while allowing them autonomy to run the business. TRP’s principals have over one hundred years of experience in the areas of finance and transportation-related investing. Formed in 2003, the fund currently manages equity commitments of $265 million. Current investors include both strategic and financial institutions. TRP is the successor fund to Penske Capital Partners, founded in 1997.

CEO Jeff Bullard explains, “During the past year, our entire company has been engaged in a process of redefining how we drive value for our customers.

Founded in 1999, Versant has grown from our origins as a small brokerage operation to become a leading comprehensive supply chain services provider. Our success is a result of our focus on three core values: Versatility, Expertise and Momentum.

MOMENTUM – With all of our focus on service and performance, we never forget that the essential objective is a more productive supply chain for our customers. That’s why we tailor our offerings to meet your needs, on your schedule, for maximum efficiency. We will do whatever it takes to bring the value of momentum to your supply chain.

The company’s rebranding initiative was led by Senior Vice President Bob Phillips. “We listened to our customers,” states Phillips, “but we listened to our employees, too.

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