ITS

has been acquired by

ABOUT THE COMPANY:

ITS Logistics, LLC (“ITS”) is a rapidly growing and leading provider of third-party logistics and supply chain management services. ITS provides these services to a broad range of name brand and blue chip clients – primarily in the retail, e-commerce, food and beverage, and healthcare industries.

SITUATION:

The ITS founding management team was seeking a solution to recapitalize the business and execute its clearly defined growth strategy. Management had identified several organic and acquisition growth opportunities, which build upon the company’s current national platform, diversified service offering and solid customer base.

ENGAGEMENT:

G2 Capital Advisors was engaged to assist with the analysis of and advise on all potential alternatives for pursuing identified growth opportunities, including traditional lending, debt and private equity markets. Management selected a majority recapitalization solution for their needs. G2 represented ITS Logistics as the exclusive sell-side advisor responsible for running a targeted and high-touch sale process.

OUTCOME:

The transaction was successfully executed through a sale to McNally Capital, a Chicago-based private equity firm that partners with family offices and high net worth investors to make and manage private equity investments, and Coughlin Capital, a family-held private investment group with an emphasis on private equity investments in small and middle-market companies with substantial experience and expertise in logistics, transportation, international growth, operations, and the development of scalable process-driven organizations.