US Art Logistics Integrates International Transport and Installation
Summary
M&A investment firm Maxwell Street Capital Partners has announced an investment in Masterpiece International, a US-based art logistics company. As part of this move, Masterpiece is partnering with Box Art, a specialist in art crating, installation, storage, and delivery, to form the Masterpiece Group.
This strategic alliance combines Masterpiece's expertise in international shipping and customs brokerage with Box Art's capabilities in local crating, installation, and last-mile delivery. The goal is to create a vertically integrated service model that covers the entire lifecycle of art logistics, from global forwarding to final onsite installation. The existing management team will continue to lead Masterpiece, with Maxwell Street providing capital to support its growth as an independent art logistics specialist.
(Source:LOGISTICS TODAY)