Transaction summary
On July 3, 2018, MNX Global Logistics (“MNX” or the "Company"), a portfolio company of The Riverside Company (“Riverside”), was acquired by Audax Private Equity (“Audax”). BB&T Capital Markets served as the exclusive financial advisor to MNX.
About the companies
MNX Global Logistics
Headquartered in Long Beach, CA, MNX is a premium global provider of specialized, expedited transportation and logistics services. Clients include multinational leaders in the biopharmaceutical, life sciences, medical device, aviation and entertainment industries. These organizations rely on MNX’s exceptional record of transporting critical items around the world. MNX serves over 190 countries, including key Asia Pacific, South American and EMEA markets with services that include dedicated hand-carries, next-flight-out, inventory management, fulfillment operations and 4PL services management.
The Riverside Company
The Riverside Company is a global private equity firm focused on making control and non-control investments in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has invested in more than 530 transactions. The firm’s international portfolio includes more than 80 companies.
Audax Private Equity
Since its founding in 1999, Audax Private Equity has been focused on building leading middle market companies. Audax has invested $4.5 billion in 111 platform and 635 add-on companies. Through its disciplined Buy & Build approach, Audax seeks to help platform companies execute add-on acquisitions that fuel revenue growth, optimize operations, and significantly increase equity value.
Logistics & Transportation
Our Logistics & Transportation Team provides comprehensive investment banking services across eight industry segments and is one of the most active advisors in the middle-market.
Since 2010, our Logistics & Transportation Team has closed more than 40 sell-side M&A transactions and 60 public debt and equity offerings.
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