Logistics Weekly

GlobalTranz Acquired by The Jordan Company

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GlobalTranz Enterprises, Inc., a leading technology-driven third-party logistics (3PL) solutions provider, has announced that it has selected The Jordan Company, L.P. (TJC) as its new equity partner. TJC has signed a definitive agreement to acquire 100% of GlobalTranz from Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners, Susquehanna Growth Equity, Volition Capital, Savano Capital Partners, and other investors.

GlobalTranz is a freight brokerage company specializing in LTL, full truckload, third-party logistics and expedited shipping services.

TJC, founded in 1982, is a middle-market private equity firm that has managed funds with original capital commitments in excess of $11 billion since 1987 and a 35-year track record of investing in businesses across a wide range of industries, including Industrials, Transportation and Logistics, Healthcare and Consumer, and Telecom, Technology and Utility.


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