International Logistics Group (ILG) Acquires Global Freight Solutions (GFS) from Phoenix Equity Partners

IBS Software Acquires Accenture Freight and Logistics Software (AFLS)

February 22, 2023

Cloud & SaaS

IBS Software completed the acquisition of Accenture Freight and Logistics Software (AFLS), bringing AFLS’ air cargo and ocean freight platforms into IBS’s product portfolio. The deal strengthens IBS’s cargo and logistics capabilities, accelerates its digital transformation offerings for airlines and ocean carriers, and includes opening a new development center in Chennai to support the expanded business.

DSV Panalpina Acquires Agility's Global Integrated Logistics (GIL)

April 27, 2021

Transportation

DSV Panalpina A/S will acquire Agility’s Global Integrated Logistics (GIL) business in an all‑share transaction that will make Agility an ~8% shareholder of DSV. The deal values GIL at about USD 4.1 billion and is expected to close in Q3 2021, combining networks to create a top‑three global freight forwarder and materially expanding DSV’s presence in APAC and the Middle East.

J.F. Lehman & Company Acquires Integrated Global Services

February 4, 2020

Industrial Services

J.F. Lehman & Company (through an investment affiliate) acquired Integrated Global Services (IGS), a Richmond, Virginia–based provider of engineered surface protection and metal cladding solutions, in a transaction that closed February 4, 2020. The deal — the first platform investment for JFLCO's JFL Equity Investors V fund — was financed in part with debt from Benefit Street Partners and involved selling shareholders including Industrial Growth Partners.

AIT Worldwide Logistics Acquires Global Transport Solutions Group

February 1, 2024

Logistics & Distribution

AIT Worldwide Logistics has acquired Global Transport Solutions Group (GTS), a Netherlands-headquartered specialist in time-critical marine spare parts logistics. The deal brings GTS’ more than 600 teammates across 16 locations and nine consolidation hubs into AIT’s global network, adding marine spare-parts capabilities, warehouse capacity and new geographic presence in Greece, Japan and the Nordics; terms were not disclosed.

American Securities Acquires Integrated Global Services, Inc. from J.F. Lehman & Company

March 6, 2025

Industrial Services

American Securities has acquired Integrated Global Services, Inc. (IGS) from investment affiliates of J.F. Lehman & Company. IGS, a Richmond, Virginia–headquartered provider of industrial surface-protection, asset integrity and environmental efficiency technologies serving power, energy and industrial markets, will partner with American Securities to accelerate growth and expand adoption of its proprietary solutions.

GE Industrial Systems Acquires International Fiber Systems

April 30, 2023

Telecommunications

GE Industrial Systems has completed the acquisition of International Fiber Systems Inc. (IFS), a Newton, Connecticut-based maker of fiber optic transmission products for electronic security and intelligent transportation systems. IFS will become a subsidiary of GE Interlogix Inc., part of GE Industrial Systems; financial terms were not disclosed.