Announced
Completed
Financials
Tags
Majority
trucking company
Cross Border
Private Equity
Single Bidder
Private
Acquisition
United States
warehousing
Friendly
Third Party Logistics (3PL)
Completed
Synopsis
Novacap-backed GTI Transport Solutions, a trucking and asset-backed freight brokerage services provider, agreed to acquire Foxconn Logistics, a provider of supply chain services. Financial terms were not disclosed. ''The intricacies of container and transportation management can be complex for our clients. Foxconn's integration into GTI USA enhances our managed transportation services offering and provides increased value to customers," Kent Jordan, GTI President.
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