Equity Group Investments completed the acquisition of Able Freight Services.

Equity Group Investments, a private investment firm, completed the acquisition of Able Freight Services, a provider of airfreight forwarding services focused on time-sensitive perishable goods. Financial terms were not disclosed. “This partnership reflects today’s global growth opportunity in cold chain transportation and distribution. Able has built a leading industry platform defined by its powerful global network of strategic partnerships including airlines, associations and more than 75 local service agents. Orlando is a strong steward and we look forward to supporting the company through its next phase of growth,” Marc Sotir, EGI President.