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Boa Logistics and Flow Cold Storage receive majority investment from Cambridge Capital

Culver City, Calif.-based Boa Logistics and Flow Cold Storage (Boa), high-growth, third-party logistics (3PL) services providers focused on refrigerated less-than-truckload (LTL) received a majority investment from West Palm Beach, Fla.-based Cambridge Capital, an investor in niche supply chain leaders and the applied supply chain. Cambridge Capital said that this investment—in partnership with Boa’s management—will be instrumental in keeping Boa on its path to expand its dedicated cold-chain freight consolidation platform, as well as to capitalize and leverage its large market opportunity by building on its 50% revenue growth and 130% EBITA over the last year.
Source: logistics Mgmt

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