AIT Worldwide Logistics (AIT) has been sold to Greenbriar Equity Group in a deal that represents one of the largest private acquisitions ever in the global freight forwarding sector.
Chicago-based freight forwarder AIT said that the Connecticut-based specialist investor’s $15bn in cumulative capital commitments and more than 25 years of investing in transportation and logistics firms will help it as it pursues further growth.
The deal marks the culmination of five years with previous financial partner The Jordan Company, L.P. (TJC).
TJC, alongside key members of AIT’s executive leadership team, will remain invested in the company, a move that is expected to further help support AIT’s future growth.
Over the course of AIT’s relationship with TJC, AIT has expanded its global footprint, acquired 14 businesses, and increased its gross revenue by more than 300%.
AIT’s chairman and chief executive, Vaughn Moore, said: “AIT is entering a new era with Greenbriar as the company continues to strive toward our vision to become the global logistics provider respected for delivering a world-class experience.
“With Greenbriar’s support, AIT gains momentum to pursue new expansion in key global markets, including investments in talent and technology, while continuing to deliver customised supply chain solutions that meet and exceed the needs of our customers. We are still a privately held company, maintaining independence, brand identity, and continuity delivered by our proven, experienced leadership team.”
“AIT has built an exceptional global platform defined by strong leadership, operational excellence, and a deeply embedded service culture,” added Greenbriar managing director, Michael Wang.
“As global supply chains continue to evolve in complexity, we believe AIT is uniquely positioned to meet increasing demand for integrated logistics solutions across technology, life sciences, and other specialised sectors.
“Our goal is to support AIT’s long-term growth, while preserving the entrepreneurial spirit and operational discipline that have defined the company’s success. We are excited to partner with Vaughn and the entire leadership team as AIT enters its next phase of expansion.”
The closing of the transaction is expected to be completed before the fourth quarter of 2026, subject to customary closing conditions and other regulatory approvals. Financial terms of the private transaction were not disclosed.
