Briefing
Finance

HIG Capital to Buy Ascent Logistics From Elliott Management

By
Maria Heeter
· · Source: The Information

Private equity firm H.I.G. Capital plans to buy Ascent Global Logistics, a tech supply chain and logistics company, from affiliates of hedge fund and activist investor Elliott Investment Management, HIG said Tuesday. Ascent was formerly the arm focused on fast freight delivery, or time sensitive shipments, of trucking company Roadrunner. In 2019, Elliott Management took control over trucking...

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