Equity Group Investments (EGI), Sam Zell’s private investment firm, has invested in Able Freight Services (Able), a provider of airfreight forwarding services focused on time-sensitive perishable goods. Able’s CEO Orlando Wong invested alongside EGI in the transaction. EGI’s President Mark Sotir; Managing Directors Evan Harwood and Mike Leahy; and Senior Associate Tyler Goldstein have joined Able’s board of managers, and the company is seeking to add additional board members. Terms of the transaction were not disclosed. “This partnership reflects today’s global growth opportunity in cold chain transportation and distribution,” said Sotir. “Able has built a leading industry platform defined by

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In
   
Forgot password? Click here to reset
New User? Click here to register