Announced
Completed
Financials
Tags
United States
Acquisition
Majority
Private Equity
Completed
Friendly
Single Bidder
customs broker
Transportation Services
Domestic
Private
Synopsis
Southfield Capital-backed Alba Wheels Up, a provider of customs brokerage, freight forwarding, trade compliance and other logistics services, completed the acquisition of John A. Steer, a provider of customs brokerage, logistics and transportation solutions. Financial terms were not disclosed. "This acquisition marks a significant milestone for Alba as we continue to expand our footprint in the customs brokerage and broader logistics sector. We are excited to welcome the talented team from Steer. Our combined expertise and resources will create a powerhouse of global customs brokerage and logistics services. Clients of both Alba and Steer can expect an enhanced and seamless experience," Damien Stile, Alba CEO.
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