Announced
Completed
Financials
Tags
Friendly
Domestic
Private Equity
United States
Private
Completed
Third Party Logistics (3PL)
creative logistics solutions
Majority
Acquisition
Single Bidder
Synopsis
GHK Capital Partners, a private equity firm, completed the acquisition of ITS Logistics, a third-party logistics provider, from McNally Capital, a private equity firm. Financial terms were not disclosed. "We believe that our great momentum combined with GHK's strategic business acumen, financial expertise, and aligned culture will allow us to double-down on our growth and aggressively invest in our people, technology, physical assets and geographic expansion. This is the beginning of the next era of ITS Logistics, and we are extremely confident in our immediate and long-term future," Scott Pruneau, ITS Logistics CEO.
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