Related Party Transactions

On February 28, 2018, the Company entered into a Transportation Logistics Management Services Agreement with Transplace Texas, LP (“Transplace”), pursuant to which Transplace, a portfolio company of TPG and affiliate of the Company, agrees to provide certain transportation logistics management services to the Company over a minimum period of three years. The agreement was entered into on arms’ length terms following a competitive bid process. The Company subsequently signed an addendum to this agreement whereby Transplace will provide additional services for certain foreign operations. The estimated annual fee for services to be performed by Transplace is $1.4 million.

The tables below summarize activity recorded during the respective periods for related party transactions:



	Three Months Ended June 30,				Nine Months Ended June 30,
	2018		2017		2018		2017
Sales to related entities:
TPG portfolio entities	$	0.7	$	0.8	$	3.2	$	2.3
Entities related to members of the Board of Directors	$	—	$	0.1	$	—	$	0.1
Purchases from related entities:
TPG portfolio entities	$	0.1	$	—	$	0.1	$	—
Entities related to members of the Board of Directors	$	3.4	$	0.5	$	9.6	$	1.5



	June 30, 2018		September 30, 2017
Accounts receivable from related entities:
TPG portfolio entities	$	0.5	$	0.7
Accounts payable to related entities:
TPG portfolio entities	$	0.4	$	—
Entities related to members of the Board of Directors	$	0.4	$	0.1

Contingent Consideration Obligations Pursuant to the TRA and the Merger Agreement

Subsequent to the Business Combination, TPG beneficially owns approximately 35% of the Company’s common stock, including Founder Shares, and is considered a related party of the Company. In connection with the Business Combination, TPG became a party to the TRA and obtained the right to receive the Deferred Cash Consideration pursuant to the Merger Agreement. The fair value of these contingent consideration liabilities was as follows:



	June 30, 2018		September 30, 2017
Due to related party pursuant to contingent consideration obligations:
Current liability	$	9.2	$	12.5
Non-current liability	112.1		127.7
Total fair value	$	121.3	$	140.2

During the nine months ended June 30, 2018 the Company paid $4.2 million to TPG related to the TRA. See Note 9.