M&A Deal Summary

AIT Worldwide Logistics Acquires Unitrans International

On August 5, 2019, AIT Worldwide Logistics acquired transportation company Unitrans International from Quick International Courier

Acquisition Highlights
  • This is AIT Worldwide Logistics’ 3rd transaction in the Transportation sector.
  • This is AIT Worldwide Logistics’ 2nd transaction in the United States.
  • This is AIT Worldwide Logistics’ 2nd transaction in California.

M&A Deal Summary

Date 2019-08-05
Target Unitrans International
Sector Transportation
Buyer(s) AIT Worldwide Logistics
Sellers(s) Quick International Courier
Deal Type Divestiture

Target

Unitrans International

Inglewood, California, United States
Unitrans International Corp. is a provider of international logistics solutions. Unitrans offers customers international ocean and air transportation management, customs house brokerage, and domestic logistics solutions, with a focus on complex, cold chain, and high value shipments. Unitrans International Corp. was established in 1977 and is based in Inglewood, California.

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Buyer(S) 1

Buyer

AIT Worldwide Logistics

Itasca, Illinois, United States

Category Company
Founded 1979
Sector Transportation
DESCRIPTION

AIT Worldwide Logistics is a global freight forwarder that helps its customers grow by expanding access to markets all over the world where they can sell and/or procure raw materials, components, and finished goods. AIT Worldwide Logistics was founded in 1979 and is based in Itasca, Illinois.


DEAL STATS #
Overall 3 of 10
Sector: Transportation M&A 3 of 10
Type: Divestiture M&A Deals 1 of 2
State: California M&A 2 of 2
Country: United States M&A 2 of 5
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-04 ConneXion World Cargo

London, United Kingdom

ConneXion World Cargo Ltd. is a provider of international freight forwarding and clearing agent services. ConneXion World Cargo Ltd. is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-24 Panther Group

Northampton, United Kingdom

Panther Group is an independent two-man home delivery firm that provides transport, distribution, logistics, and warehousing services. Specializing in the retail and e-commerce sectors, its customers include Wayfair, Silentnight, Dunelm, Maze, Decathlon, and Habitat. Panther Group was formed in 1989 and is based in Northampton, United Kingdom.

Buy -

Seller(S) 1

SELLER

Quick International Courier

New York, New York, United States

Category Company
Founded 1981
Sector Transportation
DESCRIPTION

Quick International Courier, Inc. is a full-service global priority transportation and logistics company, shipping life-saving organs for transplant, critical parts for the high-tech and manufacturing industries or confidential documents for the legal industry. As a highly experienced and proven source for global priority shipping and logistics, Quick delivers fast and reliable door-to-door service for shipping blood and organs for transplant, to critical high-tech parts and medical devices, to crucial time-sensitive and highly confidential documents. Quick International Courier was founded in 1981 and is based in New York.


DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-17 Unitrans International

Inglewood, California, United States

Unitrans International Corp. is a provider of international logistics solutions. Unitrans offers customers international ocean and air transportation management, customs house brokerage, and domestic logistics solutions, with a focus on complex, cold chain, and high value shipments. Unitrans International Corp. was established in 1977 and is based in Inglewood, California.

Buy $95M