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Announced

Completed

AIT Worldwide Logistics completed the acquisition of Panther Logistics from LDC.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Consumer Services: Other

Majority

residential transportation logistics

Acquisition

Friendly

Private

United Kingdom

Cross Border

Private Equity

Single Bidder

Completed

Synopsis

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AIT Worldwide Logistics, a supply chain solutions provider, completed the acquisition of Panther Logistics a UK firm with expertise in e-Commerce residential transportation logistics, from private equity firm LDC. Financial terms were not disclosed. "I'm proud to share that, even in these challenging times, AIT continues to execute on our strategic growth plans, adding valuable teammates, knowledge and physical locations to our global network with carefully planned acquisitions. Beyond that, I'm thrilled to join forces and welcome each of the skilled professionals at Panther into the AIT team," Vaughn Moore, AIT President and CEO.

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