ID Logistics Invests in Kane Logistics
Kane Logistics is a pure player in value-added warehousing and contract logistics founded in the United States in 1930 by the Kane family. The business was acquired by Harkness Capital Partners in 2019 with the goal of building the Company's platform and accelerating growth. Over the past 3 years, Kane Logistics has deeply transformed itself to become a leading player in contract logistics, notably with blue-chip consumer packaged goods and food and beverage manufacturers, and distribution specialists. By adding value-added services to traditional logistics services, and strengthening its overall team, Kane Logistics has grown its revenue by +20% annually since 2019 to reach $235 million by 2021. Kane Logistics now operates 20 hubs across the country (especially in Pennsylvania, Georgia, Ohio, Illinois and California) representing 725,000 square meters.
Harkness Capital Partners
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