Ropes & Gray Represents ITS Logistics and Shareholders in Sale of Company
Ropes & Gray represented ITS Logistics and its shareholders, including McNally Capital, in the sale of ITS Logistics. The terms of the deal, which was announced on June 16, were not disclosed. The press release is here.
ITS Logistics is a leading third-party logistics provider that delivers a variety of services in supply chain management, transportation, warehousing, brokerage logistics, and transportation management. McNally Capital is a Chicago-based family-owned private equity firm targeting thesis-driven investments in the U.S., specifically founder and management-owned companies.
The Ropes & Gray team that represented ITS Logistics was led by private equity partner Timothy Castelli (Chicago), and included private equity partner Neill Jakobe (Chicago), employment, executive compensation & benefits partner Jennifer Cormier (Boston), tax partner Aaron Harsh (Boston), mergers & acquisitions counsel Thomas Burke (New York), litigation & enforcement partner Timothy Farrell (Chicago), capital markets partner Matthew Posthuma (Chicago), debt finance partner Alexander Zeltser (New York), private equity associate Marjorie Mygrants (Chicago) and tax associate Brandon Dunn (Boston).