Hogan Lovells guides Kenco Logistics in Pritzker Capital investment
Boston, Northern Virginia, Philadelphia, 15 November 2022 — Global law firm Hogan Lovells has advised third-party logistics (3PL) group Kenco Logistics in an investment by Pritzker Private Capital (“PPC”), a leader in family direct investing.
PPC invested alongside members of the Kenco management team to provide Kenco with additional financial resources and expertise to accelerate its growth, scale its innovative offering and strengthen its leadership as a world-class 3PL provider.
Chattanooga, TN-based Kenco provides integrated 3PL supply chain solutions for more than 200 clients across a wide range of industries and verticals, including outsourced distribution and warehouse management, eCommerce fulfillment, transportation management, material handling and automation services. The company manages more than 100 distribution facilities comprising 36 million square feet of space, has more than 5,000 employees, and generates over US$1 billion per year of revenue.
The Hogan Lovells team was led by senior adviser Joe Basile (Boston) and partners Gabi Witt (Northern Virginia) and Jessica Bisignano (Philadelphia), with support from partners Lauren Battaglia, Gordon Wilson, Carin Carithers, Lee Berner and Christine Lane (all Washington, D.C.), counsels Zohar Nevo (Boston) and Max Scott (San Francisco), and associate Lexi Bender (Boston).
More on the transaction is here.