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GHK Capital sells ITS Logistics to Echo Global

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GHK Capital is selling ITS Logistics to Echo Global Logistics, a Chicago-based provider of technology-enabled transportation and supply chain management services. The deal represents a strategic exit for the private equity firm, which acquired the logistics platform to expand its portfolio in the sector.

Echo's acquisition of ITS Logistics strengthens its position in the competitive third-party logistics market, where technology integration is increasingly critical. This move allows Echo to broaden its service offerings and customer base, leveraging ITS's operational capabilities. For GHK, the sale provides a liquidity event and returns capital to its investors.

The transaction underscores the ongoing consolidation within the logistics and transportation industry, driven by demands for greater efficiency and digital solutions. Investors will watch how Echo integrates ITS's operations and whether this deal sparks further M&A activity among mid-sized logistics providers seeking scale against larger rivals.