AIT Worldwide Logistics secures recap deal

PRESS RELEASE
AIT Worldwide Logistics concludes successful partnership with Quad-C, leading to recapitalization with The Jordan Company
The deal coincides with the global logistics provider crossing the $1 billion gross revenue threshold for the first time in its history
ITASCA, ILLINOIS (March 17, 2021) – After reporting $1.2 billion in gross revenue for 2020, global freight forwarding leader AIT Worldwide Logistics has agreed to recapitalize with New York City-based middle-market financial firm The …

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Source: The Loadstar

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