HIG Capital to acquire Capstone Logistics from The Jordan Company.

HIG Capital, a global alternative investment firm, agreed to acquire Capstone Logistics, a national provider of outsourced supply chain solutions, from The Jordan Company, a private equity firm. Financial terms were not disclosed. "Over the past several years, we have grown our national footprint and expanded our service offerings from predominantly inbound logistics to include other inside-the-warehouse services, plus integrated freight brokerage, last-mile and payments services. The Capstone management team is excited to partner again with H.I.G. as we continue to provide our associates with a great place to work and further enhance our integrated supply chain solutions to serve our Partners’ evolving needs," Steve Taylor, Capstone CEO.