Harris Williams, a global investment bank specializing in M&A advisory services, advised FitzMark, a technology-enabled third-party logistics solutions company that provides brokerage and logistics services to shippers and carriers, on its majority recapitalization by Calera Capital. The transaction was led by Jason Bass, Jeff Burkett and Richard Segal of the Harris Williams transportation and logistics (T&L) group and Chuck Walter of the firm’s industrials group.
“FitzMark is a leader in the third-party logistics space, providing a wide variety of services to a diverse and loyal customer base,” Bass, who is a managing director at Harris Williams, said. “FitzMark has a unique employee-centric growth minded culture that truly sets it apart from other third-party logistics companies and that ultimately results in superior service for customers and carriers alike. It was a pleasure working with Scott Fitzgerald, founder and CEO, and the rest of the FitzMark team, and we are excited to see their next chapter unfold in partnership with Calera.”
“There is a strong fit between Calera and FitzMark as a result of their multi-year relationship and clear alignment in terms of strategy, culture and approach. We sincerely appreciate Scott entrusting us to work with Calera to facilitate a majority recapitalization and deliver a great outcome, thereby extending our leading track record in third-party logistics,” Burkett, who is a director at Harris Williams, said.