Investcorp, Hicks acquiring majority of Greatwide Logistics

Investcorp, Hicks acquiring majority of Greatwide Logistics Dallas-based Greatwide Logistics Services said last week that Fenway Partners, a majority owner of the company since 2000, has entered into an agreement to sell a substantial portion of its holding to Investcorp and Hicks Holdings LLC for $730 million.
   Greatwide is a non-asset-based transportation and logistics company that has annual revenues of about $1.2 billion.