Hudson Hill Capital Forms Fusion Transport by Acquiring Majority Stakes in Global Transport Logistics and Am Trans Expedite
June 1, 2019
Hudson Hill Capital acquired majority stakes in Global Transport Logistics, Inc. (GTLi) and Am Trans Expedite, Inc. and combined them into a new holding company, Fusion Transport LLC, to create a national logistics platform focused on retail consolidation, LTL shipping and multimodal brokerage. The founders and senior executives of both companies retained meaningful equity and continue in leadership roles while Ally Financial provided acquisition financing.
- Buyers
- Hudson Hill Capital
- Targets
- Global Transport Logistics, Inc. (GTLi), Am Trans Expedite, Inc. (Am Trans)
- Sellers
- Founders and senior executives of GTLi and Am Trans (including the Matarazzo family, Mike Wallace and Bob Trusz)
- Platforms
- Fusion Transport LLC
- Industry
- Logistics & Distribution
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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