-

GHK Capital Partners LP Completes the Sale of ITS Logistics

GREENWICH, Conn.--(BUSINESS WIRE)--GHK Capital Partners LP ("GHK") announced today that it recently completed the sale of ITS Logistics (“ITS”). ITS, based in Reno, NV, provides asset-lite freight brokerage, dedicated fleet, and distribution and fulfillment services nationwide. GHK acquired ITS in June 2021. Terms of the transaction were not disclosed.

J.P. Morgan Securities LLC acted as lead financial advisor, and Jefferies LLC acted as financial advisor to ITS on the transaction. Weil, Gotshal & Manges LLP acted as legal counsel to ITS on the transaction.

About ITS Logistics

ITS Logistics is one of North America’s fastest-growing modern 3PLs, providing solutions for the industry’s most complex supply chain challenges. With a people-first culture committed to excellence, the company delivers unmatched value through best-in-class service, deep expertise, and continuous innovation. The ITS Logistics portfolio includes a top-ranked asset-lite freight brokerage, leading intermodal and drayage capabilities, an asset-based dedicated fleet, a cloud-based technology ecosystem, and a nationwide distribution and fulfillment network. For more information on ITS Logistics, visit www.its4logistics.com.

About GHK Capital Partners LP

GHK is a leading middle-market private equity firm focused on making control investments in industrial companies across North America. For more information about GHK, please visit www.ghk.com.

Contacts

info@ghk.com for more information or visit https://www.ghk.com.

Industry:

GHK Capital Partners LP

Release Versions
English

Contacts

info@ghk.com for more information or visit https://www.ghk.com.

More News From GHK Capital Partners LP

GHK Capital Partners LP Announces Acquisition of Leading Architecture, Engineering, and Design Services Firm

GREENWICH, Conn.--(BUSINESS WIRE)--GHK Capital Partners LP (“GHK”), a leading middle-market private equity firm, announced today that it has acquired CPL (or the “Company”). Terms were not disclosed. Founded in 1975 and headquartered in Rochester, NY, CPL is a high growth provider of architecture, engineering, and consulting services for the built environment. As an integrated, multi-disciplinary firm offering 50+ services, CPL serves as a trusted advisor through the development, renovation, re...

GHK Capital-Backed WSB Announces Acquisition of NEO Virtus Engineering

MINNEAPOLIS--(BUSINESS WIRE)--WSB LLC (“WSB”), one of the nation’s fastest growing infrastructure engineering and consulting firms, today announced the acquisition of NEO Virtus Engineering (“NEO Virtus” or the “Firm”), a specialized engineering consulting firm with deep expertise in photovoltaic (PV) and energy storage system design. This strategic addition strengthens WSB’s ability to support the full lifecycle of power/energy infrastructure for clients across the country. WSB is a portfolio...

GHK Announces Promotions

GREENWICH, Conn.--(BUSINESS WIRE)--GHK Capital Partners LP (“GHK”), a leading middle-market private equity firm, is pleased to announce the promotion of five investment professionals, reflecting GHK’s continued commitment to developing and recognizing exceptional talent within its team. John A. Luke and Lucas M. Viola have been promoted to Principal. Mr. Luke and Mr. Viola joined GHK in 2020 and 2019, respectively, and both previously worked in the Principal Investment Area of Goldman Sachs wit...
Back to Newsroom