TTS: Comvest-backed Sunteck and TTS merge

Sunteck Transport Group, a portfolio company of Comvest Partners, has merged with TTS LLC. No financial terms were disclosed. The newly combined entity will operate under the name SunteckTTS. Sunteck's CEO Ken Forster has been tapped as president and CEO of SunteckTTS while Andy Cole, president and CEO of TTS, will be chairman of the board. Harris Williams & Co and McDermott Will & Emery advised Sunteck while Stifel and McAfee & Taft advised TTS. Based in Dallas, Texas and Jacksonville, Florida, SunteckTTS is a freight management service provider.