Announced

Greenbriar Equity Group to invest in AIT Worldwide Logistics.

Synopsis

Greenbriar Equity Group, a private equity firm, agreed to invest in AIT Worldwide Logistics, a provider of transportation and logistics services. Financial terms are not disclosed. “AIT is entering a new era with Greenbriar as the company continues to strive toward our vision to become the global logistics provider respected for delivering a world-class experience. With Greenbriar’s support, AIT gains momentum to pursue new expansion in key global markets, including investments in talent and technology, while continuing to deliver customized supply chain solutions that meet and exceed the needs of our customers. We are still a privately held company, maintaining independence, brand identity, and continuity delivered by our proven, experienced leadership team,” Vaughn Moore, AIT Chairman and Chief Executive Officer.

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MergerLinks - Greenbriar Equity Group to invest in AIT Worldwide Logistics.