Visible Supply Chain Management (“Visible” or the “Company”), a leading non-asset-based supply chain logistics and technology platform announced today that A.P. Moeller – Maersk (“Maersk”) has signed a definitive agreement to acquire the business from Visible’s founders and management owners and Cynosure Management, LLC (“Cynosure”). The transaction closed on August 2nd, 2021.
Founded in the 1990’s and headquartered in Salt Lake City, Utah, Visible is one of the country’s leading providers of shipping, packaging, fulfillment, freight services, warehousing, and logistics. Visible’s leading technology platform services a global client base.
Working with Visible’s talented management team, Cynosure was able to execute on key elements of its investment and value creation thesis, including accelerating strategic M&A, and adding key bench strength to Visible’s board. The Company has strong brand and market positioning and will enjoy continued success under its new ownership.
About Visible Supply Chain Management
Since 1992, Visible Supply Chain Management has provided customized solutions for B2B and B2C organizations. With comprehensive services in e-commerce, direct sales, direct response and omnichannel, Visible can design effective strategies for clients that include transportation, logistics, brokerage, fulfillment and even custom packaging solutions. For more information, visit www.visiblescm.com
About A.P. Moeller – Maersk
A.P. Moller – Maersk is an integrated container logistics company working to connect and simplify its customers’ supply chains. As the global leader in shipping services, the company operates in 130 countries and employs roughly 76,000 people. For more information, please visit www.maersk.com
About The Cynosure Group
The Cynosure Group makes long-term investments on behalf of families, foundations, and other like-minded institutions. Cynosure’s direct investments target partnerships with management teams of profitable small to mid-sized companies who will remain meaningful owners of their business. By investing throughout the capital structure, making minority as well as control investments, and by providing long-term and follow-on capital, Cynosure offers investors a differentiated solution.
Cynosure Management, LLC is a SEC-registered investment adviser engaged in providing private investment advisory and wealth management services, as well as providing investment advice and management with regard to private equity and other alternative investments. A detailed description of Cynosure Management, LLC, is available in its Form ADV Part 1 and Part 2A firm brochure, and Form CRS, which may be found at www.adviserinfo.sec.gov. Cynosure Management, LLC is a part of The Cynosure Group (herein collectively referred to as “Cynosure”). For more information, please visit www.cynsouregroup.com