Quad-C Management Recapitalizes and Acquires MNX Global Logistics

UPS Acquires MNX Global Logistics from Quad‑C Management

November 6, 2023

Logistics & Distribution

UPS has completed the acquisition of MNX Global Logistics, a U.S.-based time-critical logistics provider, from private equity firm Quad‑C Management. The deal expands UPS’s time-critical and healthcare logistics capabilities, adding MNX’s expertise in life sciences, medical device shipments and mission-critical parts delivery to UPS’s healthcare and global logistics offerings.

Quad-C Management Recapitalizes Apps Associates

July 14, 2021

IT Services

Quad-C Management completed a majority recapitalization of Apps Associates, an enterprise application services provider headquartered in Acton, Massachusetts. The transaction transfers ownership from BV Investment Partners to Quad-C, which plans to expand Apps Associates' service offerings and geographic footprint and appointed Larry Jones as chairman of the board.

The Jordan Company Recapitalizes AIT Worldwide Logistics; Quad‑C Exits

March 17, 2021

Logistics & Distribution

The Jordan Company has agreed to recapitalize AIT Worldwide Logistics in a transaction valued at over $1.2 billion, acquiring Quad‑C Management's stake while AIT management remains significant shareholders. AIT, a Chicago‑based non‑asset‑based global freight forwarder offering air, ocean, ground and customs services, will continue to be led by President and CEO Vaughn Moore and his senior team.

Quantix Acquires CLX Logistics

April 2, 2024

Transportation

Quantix SCS, a Wind Point Partners portfolio company, has acquired CLX Logistics, a Blue Bell, Pennsylvania-based provider of chemical-focused transportation management systems, managed services, liquid bulk 3PL and analytics. The deal expands Quantix's capabilities in liquid bulk and technology, creating a combined chemical-focused 3PL platform with more than $2 billion in logistics spend, approximately 5,400 owned assets, 40+ distribution centers and rail terminals, and 3,300 partner carrier relationships.

LongueVue Capital Invests in Wagner Logistics

December 16, 2021

Logistics & Distribution

LongueVue Capital, a New Orleans-based private equity firm, has recapitalized Wagner Logistics and provided growth capital to support the 3PL's continued expansion. Wagner Logistics, headquartered in North Kansas City, Missouri, operates 24 facilities across 13 states with over 7 million square feet of warehouse space and 650+ employees, serving customers across industries including aerospace & defense, automotive and direct-to-consumer.

CMA CGM Acquires Fenix Marine Services from EQT Infrastructure for $2.3B

November 3, 2021

Logistics & Distribution

CMA CGM has agreed to acquire Fenix Marine Services from the EQT Infrastructure III fund for an enterprise value of USD 2.3 billion. Fenix operates one of the largest container terminals at the Port of Los Angeles (handling ~2.3 million TEUs annually and ~145 employees); the deal is expected to close subject to regulatory approvals.