Additional Insurance above $10,000 will be subject to a deductible. Amware increased revenue from $47 million to nearly $200 million in 2022 through . Smart Care is a leading provider of refrigeration and commercial kitchen equipment services. M&A Deal Summary; Date: 2012-01-01: Target: STG Logistics: Sector . Will His AI Plans Be Any Different? Voyant Beauty co-manufactures personal branded care products. PrivacyPolicy IntermodalPrivacyPolicy Terms&Conditions. STG operates U.S. Customs Bonded, TSA certified, and International Free-Trade Zone facilities. Shearers is a contract manufacturer and private label supplier in the snack industry. Chicago-based STG is a containerized logistics provider offering services like drayage, transloading and warehousing as well as intermodal and truck transportation. Acquired: January 2007Divested: April 2012. Ox Engineered Products is a Leading Specialty Building Products Manfacturer, Acquired: December 2016Divested: March 2019. Acquired: November 2012Divested: December 2016. Acquired: September 2014Divested: August 2017. PE-backed STG Logistics acquires XPO Logistics' intermodal unit Acquired: June 1998Divested: February 2004. "This business combination creates a market leading, vertically integrated port-to-door supply chain logistics company providing mission critical transportation solutions to its customers." Tropicale Foods is a manufacturer of frozen novelty products under the Helados Mexico brand. CHICAGO, March 25, 2022 /PRNewswire/ STG Logistics ("STG") announced today that it has expanded its leading position in containerized logistics through the acquisition of the intermodal. Transit times are estimated and not guaranteed. Win whats next. Paragon Films manufactures value-add high-performance stretch films. *The companies listed represent a selection of investments in Wind Points complete portfolio and are subject to change. Symphony Technology Group - Wikipedia Powered by a Seasoned Team of Logistics Experts. We have extensive experience in carve outs, public to private transactions and private equity investments, giving us the insight we need to generate seamless, positive outcomes for all parties involved. A link has been emailed to you - check your inbox. Private equity firm Wind Point Partners has agreed to purchase St. George Logistics in a bid to expand its portfolio of transportation and supply chain services companies in the United States, according to a statement from the company. good2grow is a better-for-you kids nutrition platform providing single serve juice, fortified water and milk products. Transaction adds to dealmaking run by XPO CEO Jacobs, Company also has been looking to sell European business. Chase joined STG from Celadon Group, Inc. where he served as the Executive Vice President and General Counsel. Ascensus Specialties is a manufacturer of specialty chemicals. Geoff joined STG as Chief Financial Officer in 2017. Minimum additional coverage amount is $100 and Maximum coverage is $800,000. Envera Systems is a leading provider of remote security solutions for community associations, Acquired: December 2018CEO: Louis Armstrong. Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, iPhone Maker Plans $700 Million India Plant in Shift From China, Stock Traders Are Ignoring Blaring Bond Alarms, S&P 500 Notches Best Week Since Late January: Markets Wrap. Roel Schroeten - Algemeen Directeur - Hertek Groep | LinkedIn St. George Logistics Acquires Freight Force By Christopher Jamroz Mar 13, 2018 STG Logistics Appoints Joe Tomczak as Chief Financial Officer By Christopher Jamroz Mar 7, 2018 Activity. 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. Quantix is North America's largest provider of integrated dry bulk logistics solutions for the chemical and plastic industries. STG Logistics Acquires the Intermodal Division of XPO Logistics. We are former entrepreneurs and business leaders who love helping companies reach their full potential. STG is a Silicon Valley (California) based private equity firm that has a long and successful track record of transforming high potential software and software-enabled services companies, as well as insights-oriented companies into definitive market leaders. All Rights Reserved. Pacific Cycle delivers some of the biggest names in outdoor recreation. Combination creates leading provider of port-to-door containerized logistics services. STG Logistics Acquires the Intermodal Division of XPO Logistics 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. Geoff holds a Juris Doctor from the University of Southern California, and a Bachelors in Political Science from Washington University in St. Louis. from 8 AM - 9 PM ET. Randy spent the last 20 years in the logistics and technology fields serving as CFO or Chief Accounting Officer at a variety of private and publicly-traded companies, including Omni Logistics, EZE Trucking, and United Vision Logistics. Wind Point Partners and Oaktree Capital Management teamed up last week to buy the intermodal division of XPO Logistics for $710 million and combine it with Wind Point's portfolio company STG to. We're also excited to be partnering with Oaktree, a group we know well with a highly successful track record investing in a variety of port, rail, and related logistics infrastructure assets. Wind Point Partners is a Chicago-based private equity investment firm with approximately $4 billion in assets under management. Please refer to Insurance Certificate for details. Transit times are estimated and not guaranteed. All Rights Reserved. Randy is a CPA and earned an MBA focused in Corporate Finance from The University of Dallas. There are still a lot of disruptions in the supply chain," said STG Logistics CEO Paul Svindland. Any questions? 310-788-2850 | anitamarie@sitrick.com . About Wind Point Partners. Geoff gained exceptional industry experience as Chief Strategy Ofcer of Dicom Transportation Group, and as CFO/COO of Innity Product Group, an omnichannel distribution importer. Acquired: April 2021CEO: Henry Lees-Buckley. Geoff earned his BA from Washington University in St. Louis and his JD from the University of Southern California. Raymond James acted M&A adviser to XPO Logistics. Hearthside Food Solutions is a leading contract manufacturer for premier food companies. Feb 2023 - Present2 months. Meet our Management Team | STG Logistics Contact - STG The firm has over 1,000 employees and offices in 20 cities wor ldwide. CHICAGO, March 25, 2022 /PRNewswire/ -- STG Logistics ("STG") announced today that it has expanded its leading position in containerized logistics through the acquisition of the intermodal. CHICAGO, March 25, 2022 /PRNewswire/ -- STG Logistics ("STG") announced today that it has expanded its leading position in containerized logistics through the acquisition of the intermodal division of XPO Logistics, one of the largest providers of container transportation services in North America. Current STG COO Todd Larson will lead the legacy STG operations as EVP of STG and COO of STG's Distribution segment, and Paul Smith, formerly President of XPO's intermodal division, will lead STG's intermodal operations as EVP of STG and COO of STG Intermodal. Team - STG Logistics The division was formed through XPO's purchase of Pacer in 2014 and Bridge Terminal Transport in 2015. it's been delivered there. STG - Symphony Technology Group. Bakery Chef is a leading supplier of frozen specialty bakery products, including biscuits, hotcakes, waffles, muffins, and table breads. Acquired: December 2019CEO: Steven Schiller. California Weighs $360,000 in Reparations to Eligible Black Residents. STG Logistics buys Veeco | PE Hub 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. 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. Oaktree is a leader among global investment managers specializing in alternative investments, with $166 billion in assets under management as of December 31, 2021. TPM is right around the corner - and so is STG! Raymond James acted M&A adviser to XPO Logistics. Acquired: October 2004Divested: March 2009. Transit times are estimated and not guaranteed. July 27, 2016. Wind Point focuses on partnering with . Acquired: January 2002Divested: June 2004. Payment terms are net 30 days. Payment terms are net 30 days. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. 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. Chief Administrative Officer & General Counsel, Youre viewing 2 of 9 competitors. Menlo Park, California, United States. Any questions? PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. The company offers services including container deconsolidation, inventory management, reconsolidation, trans-loading, warehousing and outsourced transportation platform including final mile delivery as well as e-commerce fulfillment as well as multi-modal transportation. Chase Welsh To begin working with the experienced team at STG Logistics, contact us today. ATRG is the leading provider of short-term trailer rentals for storage, cartage and over the road applications. With Asian imbalance, STG has room for your cargo! STG Logistics is based in Downers Grove, Illinois. Wind Point Partners Acquires STG Logistics | Mergr M&A Deal Summary Rotunda sells logistics co PrivacyPolicy IntermodalPrivacyPolicy Terms&Conditions. Paul earned a BS degree from Syracuse University and an MBA from The Wharton School of the University of Pennsylvania. Quotes can only be guaranteed for 30 days on LTL Shipments. RTIC is a leading direct-to-consumer provider of premium outdoor products. All Truck Load rates must be confirmed at the time of booking.
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