.
MergerLinks Header Logo

New Deal


Announced

ICV Partners invested in Horizon Air Freight.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Private Equity

Friendly

freight forwarding

Acquisition

Pending

United States

Freight Forwarding

Minority

Single Bidder

Synopsis

Edit

ICV Partners, a leading investment firm focused on middle market companies, invested in Horizon Air Freight, a specialized freight forwarder focused on the marine industry serving leading US and international shipping companies and cruise lines. Financial terms were not disclosed. "ICV's investment in HAF continues our track record of partnering with high-quality family-owned and closely held businesses in industries we know well. Steve and his team have built a world-class freight forwarder focused on the marine industry and HAF is well positioned as a platform investment. Given the fragmented nature of the industry we expect to make strategic acquisitions that broaden our reach and capabilities so HAF can continue to provide best in class service to shipping companies and cruise lines worldwide." Zeena Rao, Managing Director of ICV.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US