
The recapitalisation was done in partnership with Freedom’s management and the Jensen Companies.
Also based in New Orleans, Louisiana, Freedom has operations in several major ports along the US Gulf Coast, providing of ISO tank and rail services, transloading, logistics and depot services for bulk liquids customers. It runs tank cleaning depots in New Orleans and Charleston, South Carolina.
The transaction marks the first investment in Carr’s Hill Fund I and strengthens the firm’s presence in the industrial and infrastructure services sectors.
Through the new partnership, the company has initiated significant investments in the team, systems, equipment and facilities.
Founded in 2015 by Jack Jensen and Jeff Louis, Freedom Intermodal has grown into a mid-sized logistics company. Access to all six Class-1 railroads and over-the-road trucking allows the company to serve its customer base with seamless, flexible and tailored solutions.
Jeff Louis, Freedom’s president, will continue to lead the company, ensuring continuity while accelerating its service offering growth and expanding its footprint.
“Freedom Intermodal’s strong customer relationships, specialised capabilities and tremendous growth potential make it an ideal fit for Carr’s Hill’s investment strategy,” said H David de Laureal, managing partner at Carr’s Hill. “We are excited to partner with Jeff and his team to build on the company’s success, leveraging our operational expertise and regional insights to steepen its growth curve and expand its market leadership throughout the Southeast US.”
Jeff Louis added: “Joining forces with Carr’s Hill is a transformative step for Freedom Intermodal. Its growth-minded approach and deep understanding of our industry will enable us to enhance our service offerings and deliver even greater value to our customers. With greater access to capital, we have already begun expanding our leadership and service offerings in new and existing markets.”
The partnership is in line with Carr’s Hill’s focus on family- and founder-owned businesses in high-growth industrial sectors. Freedom’s established reputation and Gulf Coast presence position it for continued expansion under Carr’s Hill’s ownership, the financier stated. The firm will support growth through organic initiatives and add-on acquisitions.