Magnate Worldwide Acquires Hybrid International Forwarding
January 4, 2021
Magnate Worldwide, a portfolio company of CIVC Partners, has acquired Hybrid International Forwarding, LLC and will integrate the business into its Masterpiece International subsidiary. The acquisition expands Magnate/Masterpiece’s ocean import capabilities and strengthens its Atlanta presence, giving Masterpiece access to Hartsfield-Jackson and nearby ports; Hybrid founder Andy Heller will join the combined organization.
- Targets
- Hybrid International Forwarding, LLC
- Sellers
- Hybrid International Forwarding, LLC, Andy Heller
- Platforms
- Magnate Worldwide, LLC
- Industry
- Logistics & Distribution
- Location
- Georgia, United States
- Transaction Type
- Addon
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