Private equity firm H.I.G. Capital announced Tuesday that one of its affiliates has entered into an agreement to acquire Ascent Global Logistics.
Belleville, Michigan-based Ascent primarily provides time-critical air and ground logistics, truck brokerage and freight forwarding services. The company touts more than $2.5 billion in annual revenue with over 4,000 customers and 1,000 employees.
Ascent was most recently held by affiliates of Elliott Investment Management. It was spun off from...
https://www.freightwaves.com/news/ascent-global-logistics-lands-new-owner