News / New broom at Ascent Global prepares to sweep into new verticals

Photo: Ascent

Under new management, Ascent Global Logistics is poised for global expansion and a push into critical healthcare logistics.

The $2.5bn logistics firm is changing hands after parent Elliott Investment Management sold it to private equity firm HIG Capital.

The transition is complete, except for certification of the change of ownership of USA Jet and its fleet of 15 freighters, said new CEO Paul Martins.

The Michigan-based firm offers a range of logistics services, but its ...