Yukon Partners, a provider of mezzanine capital for middle market private equity transactions, supported Transport Holdings (TII) in its add-on acquisition of Jones Motor Group and its affiliated companies.

Pittsburgh-based TII is an asset-light transportation and logistics company focused on providing flatbed, drop-deck, specialized and heavy-haul trucking and brokerage services in the U.S., Canada and Mexico.

Transport is a current portfolio company of Yukon and is led by Revelstoke Capital Partners, a Denver-based private equity investment firm.

Jones, based in Limerick, PA, is an asset-light transportation and logistics company with a diversified freight profile that includes flatbed, heavy-haul, dry van, refrigerated, as well as LTL. Jones is the oldest common carrier in the U.S., with operations dating back to 1894.

The combination of TII and Jones will create a leader in the industry with over $350 million in revenue and approximately 350 agents and 1,400 owner-operators handling approximately 170,000 loads, annually.

Minneapolis-based Yukon Partners is an independent and unaffiliated mezzanine firm primarily serving middle market private equity sponsored business transactions with a typical investment range of $10 to $40 million in the U.S. and Canada.