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ATLANTIC STREET CAPITAL ANNOUNCES SALE OF FLEETGISTICS

Atlantic Street Capital, a private equity firm that invests in lower middle-market distressed and deep value companies, today announced the sale of its portfolio company Fleetgistics Holdings, a leading national provider of same-day delivery solutions. The sale of Fleetgistics, to St. Louis-based Harbour Group, yielded a return to Atlantic Street’s investors of 7.7x their $10.4 million equity investment and an IRR of 156%. Download this article>>