Kirkland & Ellis advised The Jordan Company, L.P. (TJC) on the recapitalization of global freight forwarding leader AIT Worldwide Logistics. The transaction, expected to be finalized in early spring, marks the culmination of AIT’s partnership with private equity group Quad-C Management, Inc. (Quad-C), which is selling its full stake in AIT to TJC.
The Kirkland team was led by corporate partner Andrew Arons and associates Jaye Kasper and Philippe Simard, tax partners Jared Rusman and David Mannion, debt finance partners Jason Kanner and Rachel Gray, and international trade and national security partner Ivan Schlager.
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