TrumpCard is a provider of premium logistics services specializing in the transportation of high-value and time-sensitive shipments across the healthcare, aerospace, entertainment, and electronics industries, among others. The Company provides a full suite of specialized logistics services, including deferred and time-definite airfreight, next day air, and other domestic and international expedited services, as well as an array of customized white-glove services. TrumpCard consistently delivers exceptionally high levels of service and superior on-time delivery rates to customers across the country through a centralized, best-in-class operations center located at the Company’s headquarters in Carlsbad, CA. For additional information about TrumpCard, visit www.trumpcardinc.com.
“We are extremely excited to join the Magnate platform,” said TrumpCard’s CEO Marco Hanlon. “The senior management team at MWW has a long, successful history of creating world-class logistics companies that will be invaluable to TrumpCard as we accelerate growth and continue to provide best-in-class service to our customers. We are also thrilled to work with CIVC going forward given their impressive track-record and believe that they are uniquely well-suited to support our growth objectives.”
TrumpCard is the first investment made by MWW, which was formed in late 2014 by CIVC and MCP to build a premier asset-light transportation and logistics company focused on the North American premium transportation and international freight forwarding markets. Three partners at MCP hold senior management positions at MWW. Dan Para and Mike Welch, who have each previously built successful logistics and transportation companies, are the Chief Executive Officer and President, respectively. Frank Shinnick is the Chief Financial Officer.
“TrumpCard is dedicated to the premium logistics niche and is committed to delivering superior service to clients,” stated Mike Welch, President of MWW. “We feel that TrumpCard is the ideal cornerstone for MWW as we execute on our strategy to build a leading, multi-disciplined, asset-light transportation and logistics company.”
John Compall, a partner at CIVC, noted that “TrumpCard has built a highly differentiated platform in the fragmented logistics industry and we are thrilled to partner with the management team to capitalize on the large market opportunity through both organic and acquisition-based growth strategies.”
The acquisition of TrumpCard builds on CIVC’s investment experience in the outsourced business services industry. Prior outsourced business services investments have included KPA Services, Yellowstone Landscape Group, EN Engineering, PowerTeam Services and Track Utilities.
For more information on MWW’s acquisition criteria, please visit www.magnateworldwide.com or email Dan Para (email@example.com) or Mike Welch (firstname.lastname@example.org).
About Magnate Worldwide
MWW 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. With a strong capital position and seasoned management team, MWW is building a leading premium transportation and logistics provider. Find out more at www.magnateworldwide.com.
About 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 $1.5 billion in 58 platform investments and currently invests from CIVC Partners Fund IV. More information on CIVC Partners and its portfolio companies can be found at www.civc.com.
CIVC Press Contact:
Phone: (312) 873-7300