Mubadala Capital to Acquire Majority Equity Interest in Arrive Logistics
The global alternative asset manager will back the Austin-based truckload brokerage's next phase of growth, with existing investors ATL Partners and Lead Edge Capital retaining meaningful stakes.
AUSTIN, Texas, Aug. 27, 2026. Arrive Logistics today announced that it has entered into a definitive agreement pursuant to which Mubadala Capital, the global alternative asset management arm of Mubadala Investment Company, will acquire a majority equity interest in Arrive. ATL Partners, Lead Edge Capital, and other existing investors will retain meaningful stakes in the business alongside Arrive's management team, who are rolling a substantial equity stake into the transaction.
Founded in 2014, Arrive has grown into one of North America's largest truckload brokerages, moving freight across the US, Canada, and Mexico for more than 5,500 customers and working with a network of over 10,000 core carriers. Mubadala Capital's investment is expected to allow Arrive to accelerate growth across expanded service offerings, talent acquisition, and technology innovation, including its proprietary ARRIVEnow transportation management system.
"This transaction positions Arrive to continue building on our unprecedented growth," said Matt Pyatt, CEO and Co-Founder of Arrive Logistics. "Mubadala Capital's track record and conviction in the team and strategy make them the right partner for this next chapter."
"Arrive has continuously grown load volume and market share through multiple freight cycles and without compromising on service or culture," said Sam Merksamer, Partner at Mubadala Capital. "We are excited to support Arrive's next chapter of growth alongside the Company's management team and equity holders."
The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions. J.P. Morgan Securities LLC served as exclusive financial advisor and Sidley Austin LLP served as legal counsel to Mubadala Capital. BofA Securities, Inc. served as exclusive financial and capital markets advisor and Holland & Knight LLP served as legal counsel to Arrive.