Quality Distribution Inc becomes Boasso Global

Boasso Global Inc, a privately held global ISO tank container services and logistics provider, has announced that it has completed its rebranding from Quality Distribution Inc and closed on the previously announced sale of its Quality Carriers bulk liquid chemical truck transportation business to CSX Corp. Financial terms of the transaction were not disclosed.

“We are tremendously excited about the future of Boasso Global and our ability to focus all of our efforts on continuing to expand our global footprint to better provide our customers with the market-leading services they have come to expect from Boasso Global,” said Joe Troy, CEO of Boasso Global.

He added: “At the same time we wish continued success to our friends at Quality Carriers as they transition to CSX.”

Funds advised by Apax Partners, which acquired the then-Quality Distribution in 2015, continue as the predominant shareholder of Boasso Global. “We are extremely excited for the future of Boasso Global as a standalone entity that carries with it an established record of excellence,” said Ashish Karandikar of Apax Partners. “We believe the experienced team we have in place is well positioned to drive this business to even greater heights of success.”

Quality Distribution and Apax Partners were advised by Kirkland & Ellis, LLP as legal counsel and JP Morgan Securities, LLC as lead financial advisor, while Morgan Stanley & Co LLC also provided financial advice.

For more information visit www.boassoglobal.com

12th July 2021