Atlanta logistics company bought by N.C. firm

An Atlanta company is moving to North Carolina, but its new owners say that may mean more job opportunities in Georgia.

Fauve Intertrade, a private equity firm in Raleigh, is purchasing EndPoint Logistics. The company, which has fewer than 10 people, will move its headquarters to North Carolina. A spokesman said EndPoint will keep an office and some of its operations in metro Atlanta.

As EndPoint expands, more than half of the new jobs will be in metro Atlanta, the spokesman said.

EndPoint, which was previously known as JMT Logistics, provides logistics technology for managing global enterprises. Fauve Intertrade intends to expand its U.S. logistics division beginning this summer. The acquisition will add IT operations to the firm's warehouse management and inventory control systems, senior vice president Roberto Rivera, Sr. said in a statement.

About the Author

The AJC Interview: Rivian CEO RJ Scaringe on the EV maker and its future

The CEO told the AJC editorial board that the need to ramp up production is why Georgia is such a critical part of Rivian’s plan to rival Tesla.

1h ago

‘Big, beautiful bill’ passage dims outlook for Georgia’s clean energy sectors

Georgia has been one of the top states for solar and electric vehicle manufacturing investment. Some warn that's at risk after passage of the "one big, beautiful bill."

Analysts warn Georgia Power bills will rise if PSC approves data center buildout

Analysts are warning Georgia Power's residential customers could see monthly bills jump $20 or more if state regulators approve the company's planned data center expansion.

The Latest

Credit: TNS

In the market for a luxury vehicle? You might reconsider Lincoln.

Beyond the odometer: What matters most in a used car

Why your car’s safety tech needs maintenance, too

Featured

Credit: Jason.Getz@ajc.com

GHSA suspends 39 Gainesville football players for brawl that ended playoff game

The Gainesville-Brunswick game was discontinued with 1:57 left in the third quarter when the fight began. Gainesville was leading 42-0.

1h ago

How the State Election Board hired the former executive director’s wife

Records show the State Election Board's executive director modified job qualifications and hired his predecessor's wife, despite her lack of experience.

Here’s when metro Atlanta interstates will be busiest this holiday week

Experts say more than 2 million Peach State residents will travel by car for Thanksgiving.