SÃO PAULO--(BUSINESS WIRE)--Apr 6, 2020-- H.I.G. Capital, LLC (`H.I.G.`), a leading global private equity investment firm with $37 billion of equity capital under management, announced today that one of its affiliates has invested, through convertible debt, into Modern Logistics, a leading Brazilian one-stop-shop full service logistics firm. Terms were not disclosed. Modern Logistics, the only firm of its kind in Brazil to have its own fully integrated air cargo operation dedicated to long distance, time-sensitive, and warehousing capabilities, was founded by former JetBlue VP and Co-founder of Azul airlines, Gerald Lee. The company is backed by DXA Investments, a private equity and venture...
|
