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Announced

Completed

Terra Worldwide Logistics completed the acquisition of American Global Logistics from NexPhase Capital.

Synopsis

Terra Worldwide Logistics, freight and other transportation services provider, completed the acquisition of American Global Logistics, a logistics company, from NexPhase Capital, the US private equity company. Financial terms were not disclosed. “The strategic acquisition of AGL reinforces our mission to provide our customers with best in class customer service and the most sophisticated technologies available, thus giving them a unique competitive advantage. Unifying the TWL and AGL teams and technology platforms is a win for all involved. This is a significant step as we execute on our strategy of organic and acquisition growth, and I can think of no better person than Chad to join us at the exciting time,” Jim Briles, TWL Co-Founder.

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