Announced
Completed
Financials
Tags
Single Bidder
United States
Private Equity
Freight Forwarding
Private
Acquisition
Majority
Domestic
Completed
Friendly
freight forwarding services
Synopsis
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.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.