Transport Management International

Logistics service provider

Business activity and description

TMI is a diversified logistics service provider with strong positions in Benelux freight forwarding (air, sea and land, alongside smaller positions in integrated logistics and platform handling.

Deal Information

• Deal size: Undisclosed
• Deal size at exit: Undisclosed
• Deal type: Trade sale
• IRR: 24%
• MoneyMultiple: 3.1x
• Date of investment: November 2001
• Date of exit: September 2007
• Sold to: Rhenus Logistics AG

Investment rationale

Following a downturn in global trade in 2002, AAC Capital Partners supported management to reshape the business and sell off 2 out of 3 business units. On the back of a new strategy delivering strong growth and results since 2005, TMI was sold to Rhenus Logistics.