Total Quality Acquired by Forward Air; HCI Equity Exits
March 11, 2013
Total Quality, an HCI Equity Partners-backed logistics company, has been acquired by Forward Air (NASDAQ: FWRD). Based in Grand Haven, MI, TQI is a cold chain logistics company dedicated to the pharmaceutical and biotechnology sectors, providing temperature-controlled transportation, 24-hour real-time monitoring and maximum security services. It had been a portfolio company of HCI Equity since March 2008.