ID Logistics Acquires Kane Logistics from Harkness Capital Partners

Harkness Capital Partners Invests in Kane Is Able

March 13, 2019

Logistics & Distribution

Affiliates of Harkness Capital Partners have made an investment in third-party logistics provider Kane Is Able to support the company’s growth and national expansion. The transaction closed on March 13, 2019; terms are confidential and Michael Gardner will remain President and CEO while the Kane family remains involved.

ID Logistics Acquires GVT Transport & Logistics (Benelux)

December 16, 2021

Logistics & Distribution

ID Logistics has completed the acquisition of 100% of GVT Transport & Logistics, the transport and logistics division of GVT Group of Logistics, strengthening its Benelux footprint. GVT operates 12 sites (headquartered in Tilburg, Netherlands), employs more than 750 people, rents ~200,000 m² of warehouses and runs a fleet of 285 trucks, serving mainly international electronics and non-food retail customers.

ID Logistics Acquires Spedimex (Poland)

May 31, 2023

Logistics & Distribution

ID Logistics has completed the acquisition of 100% of Polish contract logistics provider Spedimex. The deal was paid €23.5m in cash and €53.9m in new ID Logistics shares (giving Spedimex's former main shareholder Marcin Bąk a 3.2% stake); the transaction expands ID Logistics' presence in Poland (Spedimex operates 15 sites / 230,000 m² and reported PLN 510m revenue in 2022) and makes ID Logistics a market leader in the country.

GHK Capital Partners Acquires ITS Logistics

June 17, 2021

Logistics & Distribution

GHK Capital Partners LP, a Greenwich-based private equity firm, completed the acquisition of ITS Logistics, a U.S. third-party logistics provider. The transaction (terms undisclosed) transfers ownership from McNally Capital and its partners (including Coughlin Capital and the ITS founders) and positions ITS to expand services, invest in technology and physical assets, and grow its North American footprint.

DHL Supply Chain Acquires IDS Fulfillment

May 6, 2025

Logistics & Distribution

DHL Supply Chain, a unit of Deutsche Post, has acquired Indiana-based IDS Fulfillment to expand its U.S. warehousing and fulfillment network for small and midsize e-commerce customers. The deal (terms undisclosed) brings roughly 1.3 million square feet of warehouse and distribution space across three states and was agreed before recent tariff changes.

ID Logistics Acquires Colisweb

January 28, 2022

Logistics & Distribution

ID Logistics has completed the acquisition of 100% of Colisweb, a French last-mile delivery specialist providing a software-driven appointment-based delivery platform. The purchase strengthens ID Logistics’ last-mile and e-commerce delivery capabilities for retailers and e-merchants following an agreement signed on December 13, 2021.