Uber: Uber Freight Completes Acquisition of Transplace

SAN FRANCISCO & FRISCO, Texas–(BUSINESS WIRE)–Uber Freight, a subsidiary of Uber Technologies, Inc. (NYSE: UBER), today announced that it has completed the acquisition of Transplace from TPG Capital for approximately $2.25 billion in an all-cash transaction. As partial financing for this transaction, Abu Dhabi Growth Fund (ADG), D1 Capital, and GCM Grosvenor invested $550 million in Uber Freight. The transaction brings together Uber Freight’s vast network of digitally-enabled carriers with Tr
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