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Third-party logistics provider Kenco Logistics said Thursday it is being acquired by private equity firm Pritzker Private Capital for an undisclosed sum.
The transaction, which is expected to close during the quarter, will end family-owned Chattanooga, Tennessee-based Kenco's 72 years as an independent company.
Denis Reilly is president and CEO of Kenco, a third-party logistics provider (3PL) whose services include distribution, transportation management, material handling equipment and fleet services, e-commerce fulfillment, and supply chain intelligence solutions.
These partnerships ensure a pool of suppliers that support Kenco's core values of honesty, integrity, dedication, enthusiasm, humility and respect.
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