Warburg Pincus-backed Coyote Logistics in Talks for $1.8B Sale
July 24, 2015
UPS (NYSE: UPS) is reportedly in talks to acquire Warburg Pincus portfolio company Coyote Logistics for roughly $1.8 billion. Founded in 2006, Coyote Logistics is a third-party logistics provider that manages transportation services for shippers across North America. Backed by Warburg Pincus in 2007, the company is also said to be considering an initial public offering.