STG Logistics Acquires the Intermodal Division of XPO Logistics. Pelsis is a global supplier of pest control products. Added Jared Parker, Managing Director of Oaktree's Global Opportunities strategy, "The investment in highly defensible containerized logistics and intermodal infrastructure is highly consistent with our thesis around the evolution of the U.S. supply chain. Acquired: August 1999Divested: August 2007. On January 1, 2012, growth capital firm Ironwood Capital, private equity firm Long Point Capital and private equity firm LongueVue Capital acquired transportation company STG Logistics. STG LOGISTICS ACQUIRES INTERNATIONAL WAREHOUSE SERVICES, INC. NOLA bound: Look for STG Logistics at AirCargo 2022! Hearthside Food Solutions is a leading contract manufacturer for premier food companies. Please refer to Insurance Certificate for details. of Information Technology from Stevens Institute of Technology and a B.A. Powered by a Seasoned Team of Logistics Experts. Geoff holds a Juris Doctor from the University of Southern California, and a Bachelors in Political Science from Washington University in St. Louis. The Company's most targeted sectors include transportation (88%) and real estate (13%). During her time at XPO, Jennifer affected positive change in sales growth and brought significant expertise in vertical integration to the organization. *Operating Executives are independent contractors that are advisors to STG and STG portfolio companies and are not employees or affiliates of STG. Novolex manufactures flexible paper and plastic packaging products. Wind Point focuses on partnering with top . This transaction will also allow us to expand our intermodal franchise as well as our scope of services in an aggressive way, which will present numerous exciting new opportunities for the entire team.". Additional Insurance above $10,000 will be subject to a deductible. Advisory Board, STG Logistics Rebrands, Organizes Service Offerings for Extended Outsource Clients, STG Logistics Adds Board Member Farrukh Bezar, STG Logistics Reports Record Import Air Freight Handling in Compton, STG Logistics Handles First FEMA Charter of Medical Supplies, STG Logistics Welcomes Four New Vice Presidents to Sales Team, STG Logistics Acquires CFS Division of Arrowpac International, Protect yourself & your cargo with STG Shield, Arrowpac CFS Integrates into North Bergen operations, Meeting the congestion challenges in Southern California. Win whats next. Wind Point focuses on partnering with . He brings with him extensive experience in M&A, corporate and technical accounting and capital markets. Wind Point Partners is a Chicago-based private equity investment firm with approximately $4 billion in assets under management. Pavion is a leading systems integrator of highly engineered communication, collaboration, and security solutions. Geoff is currently responsible for managing all financial, accounting and administrative functions for STG Logistics. Marshfield DoorSystems manufactures interior wood doors and door core. Valicor is a facility-based wastewater treatment provider and industrial waste processor. Job specializations: Insurance. STG is expected to be the first acquisition in the development of a leading logistics platform providing import/export and value-added warehousing and distribution services to this core client base. Mr. DiDonato started his career in warehousing and logistics at Preferred Freezer Services, beginning in operations, before transitioning into technology roles supporting, developing and managing EDI, WMS, TMS and web platforms. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. STG operates U.S. Customs Bonded, TSA certified, and International Free-Trade Zone facilities. Get the full list, To view St. George Logisticss complete subsidiaries history, request access, Morningstar Institutional Equity Research. Please call 888-STG-DOOR (888-784-3667). Stir Foods is a leading manufacturer of custom soups, sauces, dressings, and fresh salsas. Acquired: March 2006Divested: August 2008. Feb 2023 - Present2 months. articles a month for anyone to read, even non-subscribers! AIR-Serv Group is a leader in the tire inflation and vacuum vending industries. Chase joined STG from Celadon Group, Inc. where he served as the Executive Vice President and General Counsel. He also brings a world of logistics, private equity, and legal experience to the STG leadership team with experience gained at Chicago's Kirkland and Ellis, LLP; and Wind Point Partners. Downers Grove, Illinois STG Logistics ("STG" or the "Company"), a leading provider of specialty 3PL services critical to the global supply chain and a portfolio company of Wi . Reach out to us and lets start a conversation. All Truck Load rates must be confirmed at the time of booking. Director - Private Equity. Musk Made a Mess at Twitter. Nelson Global manufactures tubes used in heavy and medium duty trucks and off-road vehicles. Before joining STG, Randy served as CFO at Apple Roofing. All Truck Load rates must be confirmed at the time of booking. Acquired: November 2012Divested: December 2016. It has amassed North America's largest independent network of container freight service facilities, along with extensive contract logistics capabilities, through acquisition. Wind Point Partners is a Chicago-based private equity investment firm with approximately $4 billion in assets under management. Click here. All Rights Reserved. RTIC is a leading direct-to-consumer provider of premium outdoor products. SOURCE STG Logistics; Wind Point Partners, Cision Distribution 888-776-0942 2023 STG Logistics. Rotunda Capital Partners (Rotunda), an operationally focused lower middle-market private equity firm, has sold Amware Fulfillment (Amware), a US-based fulfilment logistics partner, to Staci Group, a fulfilment and logistics service provider headquartered in France. TPM is right around the corner - and so is STG! FoodScience Corporation is the leading producer of nutritional supplements for humans and pets. Finance. Acquired: January 2007Divested: April 2012. good2grow is a better-for-you kids nutrition platform providing single serve juice, fortified water and milk products. STG is a leading provider of facilities-based containerized logistics services including container deconsolidation, reconsolidation, transloading, warehousing, and outsourced transportation solutions including final mile delivery. 2020 STG Logistics. With a demonstrated track record of success, our team brings together the best in the field to collaborate and realize the power of your business. Acquired: December 2003Divested: June 2006. Any questions? STG Logistics Joins CargoNet Cargo Theft Prevention and Recovery Network, Industry Leaders, Tim Nolan and Dan Gardner, Named to STG Logistics, Inc. We have just sent you an email so you can verify your account. The division was formed through XPO's purchase of Pacer in 2014 and Bridge Terminal Transport in 2015. Chase earned a BS in Business Management from Purdue University and a JD from Indiana University's Robert H. McKinney School of Law. Will Others Follow? PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Transit times are estimated and not guaranteed. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Acquired: August 2021CEO: William McConnell, Vertex is the leading provider of forensic engineering, construction consulting and environmental services, Acquired: December 1999Divested: July 2011. STG is expected to exceed $1.7 billion in 2022 revenue and maintains an aggressive strategy for growth focused on transloading, warehouse solutions, fulfillment, and domestic intermodal services. it's been delivered there. All Rights Reserved. Acquired: December 2000Divested: August 2011. Payment terms are net 30 days. When typing in this field, a list of search results will appear and be automatically updated as you type. Mr. DiDonato is responsible for STGLogistics technology strategy, operations, infrastructure, electronic data interchange (EDI), and development of their CFS, WMS, TMS and EFT management platforms. Bakery Chef is a leading supplier of frozen specialty bakery products, including biscuits, hotcakes, waffles, muffins, and table breads. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Please refer to Insurance Certificate for details. Additional information about Wind Point is available at www.windpointpartners.com. Transloading's Key Role between Factory and Final Consignee. Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. Disclaimer: All rates are based on customer provided information. Citadel Plastics is a compounder of thermoplastic and thermoset resins. Leading manufacturer and supplier of disposable food safety products. With a network of 28 multipurpose technology-enabled facilities, over 60 partner locations, and numerous transportation partners, STG provides its customers with one of the most expansive containerized logistics solutions in North America. It takes a special blend of seasoned pros to run, the only extended service outsourcing brand operating at every major seaport and airport in the United States, offering the combination of Container Freight Services, Contract Logistics Services and Customized Transportation Services to freight forwarders, NVOCCs and Benecial Cargo Owners. Listing for: Aon. STG Logistics has acquired 9 companies of its own, including 7 in the last 5 years. Acquired: September 2014Divested: August 2017. There are still a lot of disruptions in the supply chain," said STG Logistics CEO Paul Svindland. All Truck Load rates must be confirmed at the time of booking. Paul spent his early years with Maersk. Disclaimer: All rates are based on customer provided information. Join Mergr and gain access to STG Logistics M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the transportation sector. Not the case? Base insurance coverage is $10,000 with zero deductible. Payment terms are net 30 days. STG Logistics Acquires the Intermodal Division of XPO Logistics. Chicago-based STG is a containerized logistics provider offering services like drayage, transloading and warehousing as well as intermodal and truck transportation. About Wind Point. Oil Producers Hand $128 Billionto Investors as Doubts Grow About Future of Fossil Fuels, Your Saturday Briefing: Trumps Comeback Plan, Wall Street Whistles Away, British Parents Turn to Home Equity to Help Young Buy Property, Japanese Unions Seek Biggest Pay Rise in 25 Years for Workers, Sorry, Fed, Most US Mortgage Rates Were Locked In During Pandemic Lows. Minimum additional coverage amount is $100 and Maximum coverage is $800,000. Have a data, software or analytics . Pricing; Log In; . Amware increased revenue from $47 million to nearly $200 million in 2022 through . KPMG and PWC provided transaction advisory services on the transaction. Only logged in subscribers of this site will be able to access the shared article. Acquired: January 2019CEO: Frank Firsching, Critica Infrastructure is a manufacturer of composite materials, insertion valves, and gaskets used in the transmission pipeline, refinery and petrochemical, water, utility, and civil infrastructure industries. Have a data, software or analytics venture that needs a investment partner? from 8 AM - 9 PM ET. Transaction adds to dealmaking run by XPO CEO Jacobs, Company also has been looking to sell European business. A total of 3 acquisitions came from private equity firms. Hasa is a leading provider of essential water treatment solutions. Brede algemeen management ervaring en een bewezen track record in het structureel beter maken van een business / onderneming. Acquired: January 2002Divested: June 2004. Financial Consultant, Accounting and Finance, Financial Services, Financial Sales. Ik breng een onderneming daarbij op het niveau van "Corporates" / Private Equity. Acquired: April 2016Divested: August 2019. STG Logistics has acquired in 6 different US states. Register now to read this article and more for free. Transloading's Key Role between Factory and Final Consignee. Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone. Paul is responsible for the strategic leadership of STG Logistics, working closely with the executive and management teams to oversee business planning, acquisition strategy, operations, sales initiatives, profitability, cash flow and other business goals and objectives. Please check your spam or junk folder just in case STG operates a nationwide facility network comprised of 28 port locations totaling more than five million square feet and maintains relationships with more than 65 inland partners who enable final mile access to all major metro areas. Get the full list, Youre viewing 5 of 6 board members. STG Logistics Joins CargoNet Cargo Theft Prevention and Recovery Network, Industry Leaders, Tim Nolan and Dan Gardner, Named to STG Logistics, Inc. Payment terms are net 30 days. We have completed 100+ platform and 300+ add-on acquisitions over the past 30+ years. Tropicale Foods is a manufacturer of frozen novelty products under the Helados Mexico brand. Harris Williams acted as M&A adviser to STG Logistics and Wind Point on the recapitalization of STG. 310-788-2850 | anitamarie@sitrick.com . Get the full list, Youre viewing 5 of 14 executive team members. TPM is right around the corner - and so is STG! Oaktree's Transportation Infrastructure Investing Group seeks to make investments in North American transportation assets, businesses and infrastructure, including airports, seaports and railroads, where it can pursue value-creation strategies geared towards sustainable growth. The unit, which handles rail brokerage and other services, generated $1.2 billion in revenue in 2021, according to statement provided to Bloomberg News.
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