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Nations Capital Acquires Assets of Art Logistics and Equipment Park Leasing

April 01, 2022, 07:10 AM
Filed Under: Mergers & Acquisitions

Nations Capital Inc. (NCI), a global asset management and advisory firm focused on opportunistic investments and asset remarketing, announced it has acquired the assets of Art Logistics, Inc. and Equipment Park Leasing, LLC (the Company), located in the greater Chicago area.

The assets include a large fleet of late model truck tractors and trailers. The Company enjoyed a long history of performance with an outstanding reputation in the industry. To focus on the growth of other business units, the Company decided to retire the fleet and logistics business. NCI will integrate many of the assets into its own logistics operations and will offer the remaining assets for private sale to its customer base.

"Nations Capital is pleased to have partnered with Art Logistics to complete this acquisition. We are excited to see Art and his incredible team continue to build the Green APU business and focus on other growth initiatives throughout the organization," said Tim Bowling, Executive Vice President at NCI.

"We were very pleased throughout the process with the professionalism, flexibility and resources that NCI displayed in completing the sale," said Art Gruszka, President at Art Logistics.

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