Financial Advisor
Magnate Worldwide
M&A Advisory
Has Acquired
Transaction Details
- On April 24, 2017, Magnate Worldwide (“MWW”), a partnership between CIVC Partners, L.P. and Magnate Capital Partners, announced the acquisition of Masterpiece International (“Masterpiece”)
- Masterpiece, headquartered in New York, provides customs brokerage and international logistics services through 15 offices located in major international shipping hubs throughout the U.S.
- Masterpiece was founded in 1989 and over the last 25+ years has developed a leading market position in fine arts logistics, serving museums, art galleries, art fairs and private collectors
- Masterpiece expands MWW’s international freight forwarding network and complements MWW’s existing suite of high-value logistics services
- Stephens Inc. served as exclusive financial advisor to Magnate Worldwide
About the company
Magnate Worldwide
Magnate Worldwide is a shipping and logistics company focused on asset-light premium logistics that serves its clients by providing experienced and skilled operational and customer focused talent. MWW seeks to partner with best-in-class companies that operate in the international freight forwarding and North American premium transportation markets.
CIVC Partners, L.P.
CIVC Partners is a Chicago-based private equity firm established in 1970 that provides growth and buyout capital to middle-market companies and executives with a focus on the business services and financial services sectors. The current management team, which has worked together since 1989, has invested over $1.5 billion in 60 platform investments and currently invests from CIVC Partners Fund V.
Sources: Company websites and publicly available information.
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