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

March 17, 2021

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.

Buyers
The Jordan Company
Targets
AIT Worldwide Logistics
Sellers
Quad-C Management
Location
Illinois, United States
Transaction Type
Recapitalization

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.