MHS Global and Fortna to Combine to Form Logistics Automation Platform
April 18, 2022
MHS Global and Fortna will combine to create a multinational logistics automation company offering parcel, warehouse/distribution, and lifecycle services. THL will remain the majority owner, while ADIA will acquire a significant minority stake to support the combination.
- Buyers
- Thomas H. Lee Partners, L.P. (THL), Abu Dhabi Investment Authority (ADIA)
- Targets
- MHS Global, Fortna
- Industry
- IT Services
- Location
- Kentucky, United States
- Transaction Type
- Buyout
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