ICV Partners invested in Horizon Air Freight.

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.