AIT Worldwide Logistics, Inc.
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AIT Worldwide Logistics, Inc. - overview
Established
1979
Location
Itasca, IL, US
Primary Industry
Logistics & Distribution
About
AIT Worldwide Logistics, Inc. is a logistics company specializing in comprehensive supply chain solutions, including air freight and customs clearance, designed to enhance operational efficiency for diverse industries. Founded in 1979 in Itasca, US, AIT Worldwide Logistics provides logistics solutions tailored to various sectors. The company was co-founded by Dan Lisowski and Steven Leturno, and is currently led by CEO Vaughn Moore.
In March 2021, AIT was acquired by The Jordan Company from Quad-C in a deal valued at over USD 1. 2 bn, enhancing its core freight forwarding services and expanding trade relations among Asia, Europe, and North America. AIT Worldwide Logistics offers a range of logistics and supply chain services including air freight, sea freight, customs clearance, ground distribution, intermodal services, and cold chain logistics. These services aim to streamline shipping processes for businesses in healthcare, government, technology, and consumer goods across North America and international markets.
AIT Worldwide Logistics generates revenue through B2B partnerships, providing tailored logistics solutions. Their pricing models reflect the complexity of services such as cold chain logistics and customs clearance, crucial for sectors with strict shipping regulations like healthcare and food services. Following the recapitalization completed in April 2021, AIT Worldwide Logistics is focused on strengthening its core freight forwarding and specialized supply chain solutions. The company plans to expand its trade relations further across Asia, Europe, and North America.
The recent funding from The Jordan Company will support these initiatives, aiming to enhance AIT's capabilities in meeting evolving logistical demands.
Current Investors
Primary Industry
Logistics & Distribution
Sub Industries
Freight Transportation Services, Trucking, Warehouses
Website
www.aitworldwide.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
AIT Worldwide Logistics, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | GSDMIA, Inc. | - | ||||||||
| Add-on | Completed | Krupp Trucking LLC | - | ||||||||
| Add-on | Completed | Mach 2 Shipping Ltd | - | ||||||||
| Add-on, Trade Sale | Completed | Global Transport Solutions Topholding B.V. | - | ||||||||
| Add-on, Trade Sale | Completed | Lubbers Logistics Group B.V. | - |
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