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.
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