Brown Trucking sold to investment firm; Kinsey new CEO

With the acquisition by Navigation Capital Partners, Brian Kinsey will become Brown’s chief executive officer and founder James W. Brown will continue in an executive role with the company.

The Trucker News Services

5/12/2008

ATLANTA — Navigation Capital Partners has acquired James Brown Contracting Inc. and its subsidiaries Brown Trucking Company and JBT Brokerage Inc., the investment firm reported Monday. Navigation and VVS Capital, another Atlanta-based private equity firm, formed James Brown Holdings LP as part of the transaction.

Founded in 1976 and based in Lithonia, Ga., Brown is a dedicated freight carrier in the southeastern United States with terminals in the Southeast and Mid-South. With 500 trucks and more than 3,000 trailers, Brown is a dedicated freight transportation provider to the paper and packaging industry.

Brian Kinsey will become Brown’s chief executive officer and founder James W. Brown will continue in an executive role with the company.

Kinsey previously has worked for Landstar System, CarrierPoint, Bennett Motor Express, Dobbs Houses and North American Van Lines developing expertise in safety programs and owner operator trucking operations. He is a graduate of Georgia Tech and Harvard Business School.

Navigation Capital Partners is an Atlanta-based private equity firm that invests in lower middle market niche manufacturing and services businesses located in the Southeast, Mid-Atlantic and Midwest United States. Navigation currently manages approximately $375 million of invested and committed capital.