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NEW ORLEANS - Carr’s Hill Capital Partners Management, LP ("Carr’s Hill"), a New Orleans-based private equity firm, is pleased to announce the majority recapitalization of TCI Tank Logistics, LLC ("Freedom Intermodal" or the “Company”) in partnership with management and the Jensen Companies. Based in New Orleans, Louisiana, with operations in several major ports along the U.S. Gulf Coast, Freedom Intermodal is a premier provider of ISO tank and rail services, transloading, logistics and depot services for bulk liquids customers. This transaction marks the first investment in Carr’s Hill Fund I and further strengthens the firm’s presence in the industrial and infrastructure services sectors.

Through the new partnership, the Company has initiated significant investments in the team, systems, equipment and facilities, all aimed at providing customers with industry-leading service and transparency through highly scalable and efficient operations.

Founded in 2015 by Jack Jensen and Jeff Louis, Freedom Intermodal has grown into a trusted logistics partner, offering comprehensive services including ISO tank transportation, transloading, cleaning, heating, inspection, full-service depot repairs and storage solutions for ISO tanks, flexi-tanks and railcars. Access to all six Class-1 railroads and over-the-road trucking allows the Company to serve a loyal customer base with seamless, flexible and tailored solutions. Jeff Louis, President of Freedom Intermodal, will continue to lead the Company, ensuring continuity while accelerating its service offering growth and expanding its footprint.

“Freedom Intermodal’s strong customer relationships, specialized capabilities and tremendous growth potential make it an ideal fit for Carr’s Hill’s investment strategy,” said H. David de Laureal, Managing Partner at Carr’s Hill. “We are excited to partner with Jeff and his team to build on the Company’s success, leveraging our operational expertise and regional insights to steepen its growth curve and expand its market leadership throughout the Southeast U.S.”

Jeff Louis added, “Joining forces with Carr’s Hill is a transformative step for Freedom Intermodal. Their growth-minded approach and deep understanding of our industry will enable us to enhance our service offerings and deliver even greater value to our customers. With greater access to capital, we have already begun expanding our leadership and service offerings in new and existing markets. I’m thrilled about the opportunities this partnership creates for our team and clients.”

The partnership aligns with Carr’s Hill’s focus on family- and founder-owned businesses in high-growth industrial sectors. Freedom Intermodal’s established reputation and strategic Gulf Coast presence position it for continued expansion under Carr’s Hill’s ownership. The firm will support Freedom Intermodal’s growth through organic initiatives and strategic add-on acquisitions, further solidifying its role as a leading logistics provider in a critical supply chain.