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

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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