CoPilot Global Logistics Holdings has acquired a majority stake in Mallory Alexander, a full-service logistics provider. The deal was backed by private equity firm Endeavour. CoPilot was formed by industry veterans Rich Bolte, Paul Svindland, and Carmen Gerace to provide capital and operational support to small and mid-size logistics companies.

Mallory Alexander will be the cornerstone operating company for CoPilot, aiming to build a global logistics platform through investments and acquisitions. Under the new ownership structure, Endeavour and CoPilot hold a majority investment, with the Mallory family retaining a share. The transaction is a financial partnership, not a merger with a competing 3PL.

CoPilot plans to invest in the logistics space, focusing on visibility platforms, workforce training, and safety programs. The company aims to preserve each company’s operating strengths and local leadership while building a unified, customer-focused culture. CoPilot seeks to strengthen operations, technology, and team while acquiring like-minded operators to expand service capabilities and geographic reach.

Mallory Alexander, based in Memphis, Tennessee, is a 100-year-old 3PL specializing in freight forwarding, customs brokerage, warehousing, distribution, and project cargo services. The company operates over two million square feet of warehouse space in the U.S. and offers various domestic transportation services like truck brokerage, intermodal, and domestic air.

The partnership with CoPilot allows Mallory Alexander to accelerate investments in technology and training while maintaining customer-first service. The company aims to scale thoughtfully and provide stronger, more reliable solutions for customers worldwide.

Read more at Yahoo Finance: Startup CoPilot acquires century-old 3PL Mallory Alexander