Business
Business

Atlanta logistics company bought by N.C. firm

By Arielle Kass
July 7, 2011

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

Arielle Kass covers Gwinnett County for The Atlanta Journal-Constitution. She started at the paper in 2010, and has covered business and local government beats around metro Atlanta. Arielle is a graduate of Emory University.

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