News / New PE partner for acquisition and growth-hungry AIT Worldwide Logistics

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Ambitious AIT Worldwide Logistics has been taken over by private equity firm The Jordan Company (TJC) in what is expected to mark the start of another period of growth for the forwarder.

Its partnership with its PE owner Quad-C Management has come to an end as the company recapitalises.

TJC doesn’t appear to have a big footprint in transport and logistics, but does have a couple of investments in supply chain management solutions providers. However, AIT president and CEO Vaughn Moore said ...