Bradley S. Jacobs to Lead Equity Investment of up to $150M in Express-1 Expedited Solutions

Express-1 Expedited Solutions, Inc. XPO and Bradley S. Jacobs today announced that they have entered into an agreement under which Jacobs and minority co-investors will invest an aggregate of up to $150 million in cash in Express-1, including an investment by Jacobs Private Equity LLC of up to $135 million, in each case including amounts payable upon exercise of the warrants described below.