Audax Private Equity Completes the Sale of MNX Global Logistics to Quad-C Management
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Monday, December 13, 2021
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Audax Private Equity (Audax) today announced that it has completed the sale of MNX Global Logistics (MNX or the Company), an industry leader in time-critical logistics and managed transportation services, to Quad-C Management (Quad-C).
Key Points:
- Audax Private Equity (Audax) today announced that it has completed the sale of MNX Global Logistics (MNX or the Company), an industry leader in time-critical logistics and managed transportation services, to Quad-C Management (Quad-C).
- The acquisitions of both the Express Division of Network Global Logistics and Global First supported MNXs global growth plan and commitment to continuously increase the capabilities that its customers demand.
- David Wong, Managing Director at Audax, stated, We are proud of all that has been accomplished during our partnership with MNX.
- Audax Private Equity has invested over $8 billion in more than 145 platforms and over 1000 add-on companies, and is currently investing out of its $3.5 billion, sixth private equity fund.