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Announced

Completed

GHK Capital Partners completed the acquisition of ITS Logistics from McNally Capital.

Financials

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

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Friendly

Domestic

Private Equity

United States

Private

Completed

Third Party Logistics (3PL)

creative logistics solutions

Majority

Acquisition

Single Bidder

Synopsis

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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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