MODE Transportation to buy SunteckTTS

MODE Transportation, a portfolio company of York Capital Management, has agreed to acquire Jacksonville, Florida-based SunteckTTS, a provider of third-party transportation and logistics. No financial terms were disclosed. Both businesses will operate under the MODE brand name. Piper Jaffray and McDermott Will & Emery advised SunteckTTS on the deal while Kirkland & Ellis provided legal advice to MODE. MODE is a portfolio company of York Capital Management. And, SunteckTTS is backed by Comvest Partners.

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