Illinois-based freight forwarder AIT Worldwide Logistics has reached an agreement to add Connecticut-based Greenbriar Equity Group as an investment partner, marking a shift in ownership structure for the global logistics provider, according to reporting in Transport Topics.

Financial terms were not disclosed. The deal concludes a five-year period in which Itasca-based AIT was backed by The Jordan Company. TJC will maintain an ownership stake alongside members of AIT's executive leadership team following completion of the transaction.

During its partnership with TJC, AIT expanded its international presence, acquired 14 companies and increased gross revenue by more than 300 per cent. AIT ranks number 28 on the Transport Topics Top 100 list of the largest logistics companies in North America.

Chairman and Chief Executive Vaughn Moore stated that the transaction "represents one of the largest private acquisitions in the global freight forwarding sector," adding that "AIT is entering a new era with Greenbriar as the company continues to strive toward our vision to become the global logistics provider respected for delivering a world‑class experience."

Greenbriar focuses on transportation and logistics investments and has more than $15 billion (€12.7 billion) in cumulative capital commitments. The firm's investment aligns with AIT's plan to meet cultural, financial and quality objectives by 2030. AIT stated the partnership is expected to support both organic expansion and additional acquisitions.

Managing Director Michael Wang noted that "as global supply chains continue to evolve in complexity, we believe AIT is uniquely positioned to meet increasing demand for integrated logistics solutions across technology, life sciences and other specialized sectors."

The transaction is expected to close before the fourth quarter of 2026, pending regulatory approvals and customary conditions.

Read the complete details of AIT Worldwide Logistics' investment partnership with Greenbriar Equity Group in the full article.