Private investment firm Littlejohn & Co has acquired Magnate Worldwide (MWW), a diversified supply chain management company comprised of a strong portfolio of complementary, premier logistics services focused on premium freight services.
Terms of the transaction have not been disclosed.
MWW provides logistics services for sensitive, time-definite, high-value, and white-glove shipments across a range of industries including expedited domestic transportation, fine arts logistics, and global freight forwarding, with the highest levels of customer service. The Company operates through two premier logistics brands: Masterpiece International and TrumpCard.
Masterpiece provides customs brokerage and international logistics services through 17 offices located in major international shipping hubs throughout the US, while TrumpCard is a provider of premium logistics services specialising in the transportation of high-value and time-sensitive shipments across the healthcare, aerospace, entertainment, and electronics industries, among others.
