GTCR and Golden Gate Complete Acquisition of Global Link Logistics, Inc.CHICAGO -- Golden Gate Logistics, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a logistics company formed by GTCR GTCR Glacier Travel and Crevasse Rescue Golder Rauner, LLC ("GTCR") and John H. Williford, today announced it has completed the acquisition of Global Link Logistics ("Global Link"). Global Link is a leader in containerized con·tain·er·ize v.tr. con·tain·er·ized, con·tain·er·iz·ing, con·tain·er·iz·es 1. To package (cargo) in large standardized containers for efficient shipping and handling. 2. ocean freight transportation and supply chain solutions, specializing in Transpacific trans·pa·cif·ic adj. 1. Situated on or coming from the other side of the Pacific Ocean. 2. Spanning or crossing the Pacific Ocean. Asian/North American trade American Trade, the trade that the United States has with foreign nations or within itself. The Government actively promotes exports and seeks to prevent foreign countries from maintaining trade barriers that restrict imports. lanes and import services from Latin America. Based in Atlanta, Georgia, Global Link is among the ten largest ocean forwarders in the rapidly growing China to U.S. trade lane and is also the leading freight forwarder An individual who, as a regular business, assembles and combines small shipments into one lot and takes the responsibility for the transportation of such property from the place of receipt to the place of destination. and customs broker Customs Broker An individual or firm licensed by customs authorities to enter and clear imported goods through customs. The broker represents the importer in dealings with the customs authorities. for the U.S furniture industry. Since its inception in 1998, Global Link has achieved very strong growth by providing exceptional service and low landed-cost solutions. Its customers include companies shipping from factories in Asia and Latin America to their distribution networks or directly to retailers. Golden Gate Logistics was formed by GTCR, one of the nation's leading private equity firms, in partnership with Williford in February 2006. The company, headquartered in Palo Alto, California “Palo Alto” redirects here. For other uses, see Palo Alto (disambiguation). Palo Alto (IPA: /ˌpæloʊˈʔæltoʊ/, from Spanish: palo: "stick" and alto: "high", i.e. , is focusing on acquiring and consolidating logistics providers in the U.S. and internationally. "Global Link and its management team, led by President Gary Meyer, create an exciting partnership for us," said Golden Gate Logistics CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Williford. "We expect to complement Global Link's capabilities with further acquisitions in North America and Asia." "Global Link provides an excellent growth platform from which Golden Gate Logistics can further build its logistics capabilities," commented GTCR Principal David Donnini. "Global Link's forwarding services are a critical element of Golden Gate's strategy to become a leading logistics provider to multi-national companies," added GTCR Vice President Dean Mihas. About Golden Gate Logistics, LLC Based in Palo Alto, California, Golden Gate Logistics is a company formed by GTCR Golder Rauner, LLC and John H. Williford, the founder of Menlo Logistics and former CEO of Menlo Worldwide. Golden Gate's goal is to acquire and consolidate premier logistics services providers in North America and Asia, creating an innovative, flexible solutions provider for companies with logistics needs in those regions. More information about Golden Gate Logistics may be found at www.goldengatelogistics.com. About GTCR Golder Rauner, LLC Founded in 1980, GTCR Golder Rauner, LLC is a leading private equity investment firm and long-term strategic partner for outstanding management teams. The Chicago-based firm pioneered the investment strategy of identifying and partnering with exceptional executives to acquire and build companies through a combination of acquisitions and strong internal growth. GTCR currently manages more than $6 billion of equity capital invested in a wide range of companies and industries. More information about GTCR may be found at www.gtcr.com. |
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