Charthouse Holdings Acquires Pronto Freight Ways

ShipX Acquires Princeton Logistics Group and TriStar Carriers

May 26, 2022

Transportation

ShipX has acquired Princeton Logistics Group and its subsidiary TriStar Carriers to expand beyond final-mile parcel delivery into first- and middle-mile trucking and broader e-commerce transportation services across North America. The deal brings trucking, middle-mile capacity and local sortation capabilities into ShipX’s tech-enabled delivery platform to offer end-to-end e-commerce shipping solutions.

Forward Air Acquires J&P Hall Express

April 28, 2021

Logistics & Distribution

Forward Air Corporation agreed to acquire the assets of J&P Hall Express, a privately held expedited transportation provider headquartered in Atlanta, Georgia. The asset purchase (expected to close in May 2021) expands Forward Air's LTL pickup-and-delivery footprint in southern Georgia and northern Florida, adding approximately $15.8 million in annual revenue, ~70 trucks and about 110 employees.

Tech24 (HCI Equity Partners) Acquires Pronto Repairs

August 14, 2023

Industrial Services

Tech24, a platform backed by HCI Equity Partners, acquired Pronto Repairs, a Tappan, New York–based provider of hot- and cold-side equipment management and maintenance services for hospitals and medical centers. The add-on expands Tech24’s technician coverage and healthcare capabilities in the New York City market and will enable further geographic growth and enhanced recruiting and service capacity for the combined platform.

BlueGrace Logistics Acquires FreightCenter

January 7, 2025

Logistics & Distribution

BlueGrace Logistics, a PE-backed third-party logistics (3PL) provider, has acquired FreightCenter, a 26-year-old online transportation solutions provider. The deal will integrate FreightCenter's customers and online freight capabilities with BlueGrace's BlueShip TMS, carrier network and managed logistics services while FreightCenter continues to operate under its existing brand.

Fastfrate Group Acquires Bestway Cartage and Bestway Global

August 1, 2020

Logistics & Distribution

Fastfrate Group acquired cross-border carrier Bestway Cartage Limited and Bestway Global Limited, effective August 1, 2020. The purchase expands Fastfrate's cross-border capabilities and U.S. market footprint by integrating Bestway's Ontario–U.S. operations into Fastfrate's Woodbridge facility to provide end-to-end, closed-loop cross-border service.

GHK Capital Partners Acquires Horizon Air Freight from ICV Partners

August 26, 2024

Logistics & Distribution

GHK Capital Partners LP has completed the acquisition of Horizon Air Freight (Horizon Group) from ICV Partners, marking a control buyout of the global maritime logistics and freight forwarding specialist. The deal will enable GHK to accelerate Horizon's global expansion, pursue profitability improvements and further inorganic growth across the fragmented marine spare-parts logistics market.