Announced
Completed
Financials
Sources
Tags
Acquisition
Third Party Logistics (3PL)
Single Bidder
Private
Domestic
Completed
United States
Third Party Logistics
Majority
Friendly
Synopsis
World Group, a transportation and logistics organization, completed the acquisition of Pacific Cascade, an asset-light provider of 3PL services. Financial terms were not disclosed. "We are thrilled to welcome Pacific Cascade to the World Group family. Their commitment to customers and focus on core values aligns perfectly with our vision and culture. They bring invaluable experience, a proven track record of success, and deep knowledge of the Pacific Northwest market. Having them in the fold will help us expand the breadth and scale of our existing offerings," Fred Hunger, World Group CEO.
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