BWT Logistics Acquires International Express Trucking

December 19, 2023

BWT Logistics, a Bluejay Capital portfolio company, has acquired International Express Trucking (IET), a regional 3PL in North Carolina. The add-on expands BWT’s contract logistics and warehousing footprint in the state; IET’s president Howard Shope will join BWT as Senior Vice President of Operations and retain a meaningful ownership stake. Bluejay Capital financed the transaction with participation from Argosy Private Equity, Southfield Mezzanine, Spring Capital Partners and KeyBank; terms were not disclosed.

Buyers
BWT Logistics, Bluejay Capital Partners, LLC, Argosy Private Equity, Southfield Mezzanine, Spring Capital Partners, KeyBank
Targets
International Express Trucking
Platforms
BWT Logistics
Industry
Transportation
Location
North Carolina, United States
Transaction Type
Addon

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.