Partners Group Exits Stake in Apex Logistics

Partners Group, a major player in global private markets, has agreed to sell its 24.9% minority stake in Apex Logistics. The transaction values Apex at over USD 4 billion, marking a full exit for Partners Group from its initial 2021 investment. This sale, to majority shareholder Kuehne+Nagel, promises a strong return for Partners Group's clients.

Apex, founded in 2001 and headquartered in Singapore, offers comprehensive logistics solutions, primarily in air and sea freight. Under Partners Group's direction, Apex's EBITDA has increased by 151% over the past five years, fueled by strategic enhancements in technology, capacity, and operations. Apex now operates 48 sites worldwide, serving more than 20,000 customers across diverse industries.

Tony Song, CEO of Apex, expressed gratitude to Partners Group, emphasizing the company's transformation into a global freight forwarder. Sheng Liu of Partners Group highlighted Apex's robust position for continued growth under Kuehne+Nagel.