H.I.G. Capital Acquires Ascent Global Logistics

Supply Chain
Written By Rick Watson

Michigan-based Ascent primarily provides time-critical air and ground logistics, truck brokerage and freight forwarding services.

An affiliate of private equity fund H.I.G. Capital has acquired Ascent Global Logistics for an undisclosed amount from affiliates controlled by Elliott Investment Management. H.I.G. Capita will support the company by growing its strategic carrier network through organic initiatives and acquisitions.

FreightWaves: Ascent Global Logistics lands new owner

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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