(CelebrityAccess MediaWire) —
Rock-It Cargo's Management Buyout ("MBO") of the majority shareholders of Rock-It Cargo has been completed and was accomplished with the assistance of capital provided by Spring Capital Partners, L.P. of Baltimore, MD.
"The completion of the MBO further enables Rock-It Cargo to continue to pursue its growth strategy of consolidating project freight forwarders under a premier brand in the industry," said David C. Bernstein, chairman and CEO of Rock-It Cargo. "Rock-It Cargo has been actively seeking talented people in the logistics community to join Rock-It Cargo in its growth process. Rock-It Cargo is also looking at several strategic acquisitions." — Jane Cohen and Bob Grossweiner