TransImpact acquires California-based MCG Logistics
TransImpact has acquired MCG Logistics, a California-based freight and parcel management and consulting company, for an undisclosed price.
The North Carolina-based supply chain technology and services company said that the acquisition helps in broadening its expertise in key industries such as consumer products, home products, and healthcare, while boosting capabilities in the ocean, air, and international logistics.
Berkley Stafford — CEO of TransImpact said: “MCG Logistics’ diverse industry experience and 20-year track record of solving logistics challenges are perfectly aligned with our focus on improving clients’ supply chain efficiencies.
“Combining our teams’ collective knowledge with TransImpact’s proprietary future- focused technology will elevate the value we’re able to drive for our clients and the industry.”
The acquisition is said to further grow the geographic presence of TransImpact with an office in California. The combined firm will have offices in North Carolina, California, and Ohio, with more than 170 employees.
James Manning — MCG Logistics CEO said: “There are a number of similarities between our businesses, like our shared legacy as pioneers in parcel negotiation and focus on improving our clients’ bottom line. The opportunity to combine our expertise and tap into TransImpact’s industry-leading technology will be powerful for our clients.”