stg logistics private equity
The combined business, which will go to market as STG Logistics, will stand as North America's leading provider of seamless, fully integrated, port-to-door containerized logistics services including drayage, transloading, warehousing, fulfillment, rail transportation, and associated final mile distribution. "The demand to move goods is greater than the supply of capacity out there., You should only be asked to sign in once. STG Logistics Joins CargoNet Cargo Theft Prevention and Recovery Network, Industry Leaders, Tim Nolan and Dan Gardner, Named to STG Logistics, Inc. Before joining XPO, Jennifer spent 16 years with Lowes and last served as Regional Vice President of Stores. Most recently, Geoff served as Chief Strategy Officer of Dicom Transportation Group. Building companies that put the customer first, Investing in our businesses to drive sustainable, long-term top line results, Building strategic value for market leading companies in software, data and analytics. Payment terms are net 30 days. If there are any variations to shipment specifications or services required, the customer will be responsible for these changes. Prior to his experience with Dicom, Geoff was the CFO/COO of Infinity Product Group, a leading importer and distributor of apparel, accessories and gifts and novelties to the mass, drug and discount retail channels. For additional information, please visit Oaktree's website at http://www.oaktreecapital.com/. 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. Transit times are estimated and not guaranteed. For Investments [ edit] The company has investments in the following companies: [2] Connexity (formerly Shopzilla) eProductivity Software (Split from EFI) A total of 3 acquisitions came from private equity firms. We pride ourselves on our ability to retain our most knowledgeable and seasoned employees and respect the value they bring to all of our STG customers. All Rights Reserved. Transloading Trifecta: Timing, Technique, & Talent, STG Logistics Broadens Commercial Organization to Meet Expanded Capabilities and Footprint, Introducing Melissa Short, Vice President, Enterprise Sales, The Logistics of Black Friday in a Post Pandemic World, The International Society of Female Professionals Recognizes Susan Guarino, Optimize Through Transload: STG Has You Covered, Warehouse Demand Growth Meets the STG Difference, STG Enters the Top 50 Motor Carriers in 2023, BNSF Service Interruption - Train Derailment in Fenner, CA, Train Derailment near Marmon, NM/IPI Service Impact, STG Logistics Facility Rate Updates - Midwestern USA, STG Logistics Facility Rate Updates - Southwest USA, CSX Intermodal Derailment Near Auburn, IN, Partner CFS Rate Changes - Air General (DEN & SLC), Norfolk Partner CFS Severe IPI Congestion, Norfolk Partner CFS Severe IPI Congestion Updates, STG Facilities Nationwide Congestion & Storage Free Time, STG Logistics Locations Import Pier Congestion Window Fee Implementation, Cargo Delay in Southern Louisiana Due To Hurricane Ida, Delays Expected in New Jersey Due to Hurricane Ida, Severe IPI Congestion Continues at Norfolk CFS, Port of Houston and STG Houston Will Close Earlier Today Due to Storm, North Bergen Window Hours & Pre-Route Program, North Bergen, NJ Import Storage Free Time Update, STG Bensenville Window Pick Up Hours Revision, STG Bensenville Opens On Saturdays - Updates, Chicago Export Receiving Impacted Due To Traffic Accident (Bensenville 2), BNSF Chicago allocations returning this week, STG Bensenville Saturday Import Pick Up Updates, BNSF implements new restrictions to units destined to Los Angeles, Agent in IAD, RIC and NFK Charge Updates - Correction Notice, Intermittent Connectivity Issue at STG Compton, Connectivity has been restored at STG Compton, STG Portland CFS With Limited Services Today, STG Portland and Seattle Facilities With Limited Services, Charleston terminals closed due to high winds, Expected Delays Due to Winter Storm in New Jersey/New York, I-5 Freeway Closed Between Seattle and Portland, Delays expected in Chicago due to bad weather, Expected Delays in Dallas Due to Severe Weather, STG Dallas Closed Today Due To Winter Severe Weather, STG Dallas Closed In The Morning Due To Winter Severe Weather, Intermodal Service Interruption Due To Winter Weather, Expected Delays Due To Rail Closures In The Chicago Area, DG Drayage Surcharge in Houston and Dallas, STG Bensenville & Elk Grove Village Phone Update, Canadian Pacific Railway issues 72-hour lockout notice to TCRC, Transmaritime CFS Rate Changes for our web site, STG Acquires Intermodal Division of XPO Logistics, Long Beach/Carson Street Pavement Project, 07.05.22 - Baltimore Agent Backlog Restraints, AB5 Demonstration in LA & Long Beach Terminals, AB5 Demonstration at Oakland Terminals Update, Emergency Repair Work on Route 440 in New Jersey (Update), FedEx Freight Pick-Ups To End Monday, October 3, 2022, Severe Weather Conditions in Florida due to Hurricane Ian, STG Facilities Closure Due to Hurricane Ian, NJ/NY Port Terminals Schedule Today (Columbus Day Holiday), Pick-Ups & Deliveries Ended Monday, October 3, 2022, Port of Oakland Terminal Closed Due to Labor Strike, Ports and STG Facilities Schedule due to Hurricane Nicole in Florida, New Jersey Emergency Fee & Free Time - 2023 Updates, Email Change Reminder - XPO Intermodal to STG Logistics Domain, Shipping Hazmat with STG Logistics 12.16.22, Shipping Hazmat with STG Logistics (Distribution), Seattle WA and Portland OR Weather Conditions, STG Dallas Limited Hours Due to Cold Weather, STG Portland and Seattle Closure Due to Cold Weather, STG Chicago Limited Hours Due to Cold Weather, Winter Weather Impacts Union Pacific Operations, Expected Delays Due To Rail Temporary Ingate Suspensions Between Los Angeles and Chicago Associated Lanes, Ingate Suspensions Between Los Angeles and Chicago Associated Lanes Repaired, Dallas Facility Remains Closed Due to Weather Conditions, Energy Transport Logistics Agent Rates Update, Dallas Facility Remains Closed Due to Weather, STG Logistics New CFS Location in Columbus, Ohio. United Subcontractors is a residential insulation installer. Quantix is North America's largest provider of integrated dry bulk logistics solutions for the chemical and plastic industries. Job in London - England - UK. California Weighs $360,000 in Reparations to Eligible Black Residents. We have completed 100+ platform and 300+ add-on acquisitions over the past 30+ years. Acquired: October 2012Divested: January 2015. Geoff is in charge of day-to-day operations of Distribution, Drayage, Intermodal, Technology, Mexico and Procurement as well as executing the company's long-term goals for STG Logistics. Quotes can only be guaranteed for 30 days on LTL Shipments. Any questions? Listed on 2023-03-02. Qualitor, Inc. is a leading diversified supplier of safety and wear parts for the automotive aftermarket. Vision Ease is a global manufacturer of branded corrective ophthalmic lenses. A link has been emailed to you - check your inbox. If you are a carrier, please submit your request through our Drive for Us contact form. Kirkland & Ellis provided transaction counsel to Wind Point and Oaktree and McCarter & English provided transportation counsel to STG, Wind Point and Oaktree. Valicor is a facility-based wastewater treatment provider and industrial waste processor. STG Logistics is based in Downers Grove, Illinois. This is not a complete list of all of Wind Points investments and You should not assume that the investments listed were, or will be, profitable. Acquired: April 2016Divested: August 2019. Please refer to Insurance Certificate for details. As part of this transaction, STG, a portfolio company of Wind Point Partners ("Wind Point") since 2016, was recapitalized by Wind Point as well as funds managed by Oaktree Capital Management, L.P. ("Oaktree"), including Oaktree's Transportation Infrastructure Investing and Global Opportunities Group. Additional information about STG Logistics is available at www.stgusa.com. 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. Acquired: October 2022CEO: Steve Grinstead. U.S. Security Associates is a leading national provider of security guard personnel. 2023 STG Logistics. Not the case? Have a data, software or analytics venture that needs a investment partner? 60515 Prior to Infinity, Geoff was an investment professional with Wind Point Partners and a private equity attorney with Kirkland & Ellis LLP in Chicago. Wind Point Partners, a Chicago-based private equity firm, has partnered with logistics executives Chris Jamroz and Hessel Verhage to . Payment terms are net 30 days. We are former entrepreneurs and business leaders who love helping companies reach their full potential. Ascensus Specialties is a manufacturer of specialty chemicals. All rights reserved. from 8 AM - 9 PM ET. TPM is right around the corner - and so is STG! Click Illinois Transportation with Acquisitions, Illinois Transportation with Divestitures, Recently Acquired Transportation Companies, Recently Acquired United States Companies, M&A research that takes seconds (not all afternoon), Better understand your customers and prospects. STG Logistics Acquires the Intermodal Division of XPO Logistics. 2023 STG Partners, LLCTerms Of Use | Privacy Policy. All Truck Load rates must be confirmed at the time of booking. Don't have an account? AIR-Serv Group is a leader in the tire inflation and vacuum vending industries. Private Equity-Backed Primary Industry Logistics Other Industries Other Commercial Services Primary Office 951 Thorndale Avenue Bensenville, IL 60106 United States +1 (630) 000-0000 St. George Logistics Timeline 2020 2021 2022 2023 Financing Round Captured Employee Count Estimated Employee Growth Want detailed data on 3M+ companies? Pavion is a leading systems integrator of highly engineered communication, collaboration, and security solutions. Randy serves as Chief Financial Officer of STG Logistics and is responsible for the companys financial management and fiscal integrity, directing both corporate and business unit financial planning and budgeting, treasury, accounting, tax and risk management. Learn more. Hearthside Food Solutions is a leading contract manufacturer for premier food companies. FreshEdge is a leading independent fresh foods distributor. 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. Prior to STG, she most recently served as Vice President of Sales for XPO Logistics Intermodal, responsible for Intermodal and Drayage business. We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them. 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. degree in Multimedia Communication from Ramapo College of New Jersey. Chicago, March 25, 2022 - 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. Once combined, the STG network will be able to handle a container from the instant it's ready at a port or customer facility to the moment each individual shipment arrives at its final destination, all the while providing customers full visibility and a single source of accountability.". Chief Administrative Officer & General Counsel, Youre viewing 2 of 9 competitors. The Bun Basket caters to the wholesale food-service market. 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. All Truck Load rates must be confirmed at the time of booking. Finance. 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. Geoff is currently responsible for managing all financial, accounting and administrative functions for STG Logistics. Harris Williams acted as M&A adviser to STG Logistics and Wind Point on the recapitalization of STG. If there are any variations to shipment specifications or services required, the customer will be responsible for these changes. Additional information about STG Logistics is available at www.stgusa.com. Amware increased revenue from $47 million to nearly $200 million in 2022 through . [1] Its Chairman and CEO is Dr. Romesh Wadhwani, who founded the firm in 2002. Raymond James acted M&A adviser to XPO Logistics. Wind Point focuses on partnering with top caliber management teams to acquire well-positioned middle market businesses where it can establish a clear path to value creation. Acquired: August 2004Divested: November 2007. STG Logistics Joins CargoNet Cargo Theft Prevention and Recovery Network, Industry Leaders, Tim Nolan and Dan Gardner, Named to STG Logistics, Inc. Acquired: January 2007Divested: April 2012. Novolex manufactures flexible paper and plastic packaging products. STG operates U.S. Customs Bonded, TSA certified, and International Free-Trade Zone facilities. 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. Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. Pacific Cycle delivers some of the biggest names in outdoor recreation. There are still a lot of disruptions in the supply chain," said STG Logistics CEO Paul Svindland. Acquired: August 1999Divested: August 2007. Downers Grove, Illinois Acquired: December 2019CEO: Steven Schiller. 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. Citadel Plastics is a compounder of thermoplastic and thermoset resins. 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. STG Logistics Acquires the Intermodal Division of XPO Logistics. Wind Point Partners is a Chicago-based private equity investment firm with approximately $4 billion in assets under management. The firm has over 1,000 employees and offices in 20 cities worldwide. Quotes can only be guaranteed for 30 days on LTL Shipments. 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. Acquired: October 1997Divested: November 1998. Register now to read this article and more for free. Tropicale Foods is a manufacturer of frozen novelty products under the Helados Mexico brand. "I could not be more excited about this game-changing acquisition," said Mr. Svindland. KPMG and PWC provided transaction advisory services on the transaction. Palmex is a leading manufacturer of snack pellets for the better-for-you and Hispanic snack segments. * All Current Realized Consumer Products Ames True Temper Bakery Chef Bun Basket Bushnell Performance Optics Evans Food Group FoodScience Corporation FreshEdge Gehl Food & Beverage Acquired: August 2021CEO: William McConnell, Vertex is the leading provider of forensic engineering, construction consulting and environmental services, Acquired: December 1999Divested: July 2011. Acquired: September 1998Divested: March 2000. Please check your spam or junk folder just in case www.stgusa.com. Acquired: November 2012Divested: December 2016. Geoff joined STG as Chief Financial Officer in 2017. Acquired: February 2014Divested: August 2018. We have just sent you an email so you can verify your account. Pestell Nutrition is a leading distributor of nutritional additives and ingredients for the animal nutrition and pet food industry. Inside the deal: Why STG Logistics, backed by Wind Point and Investor Relations, Marketing & Communications Forum. The firm has over 1,000 employees and offices in 20 cities wor ldwide. Harris Williams acted as M&A adviser to STG Logistics and Wind Point on the recapitalization of STG. Fill out our contact form to find out how STG can tailor our integrated logistics solutions to fit your unique business needs. 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. 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. Chicago, IL, July 25, 2016 - Wind Point Partners, a Chicago-based private equity firm, has partnered with logistics executives Chris Jamroz and Hessel Verhage to acquire St. George Logistics ("STG" or the "Company"). STG LOGISTICS ACQUIRES INTERNATIONAL WAREHOUSE SERVICES, INC. NOLA bound: Look for STG Logistics at AirCargo 2022! STG Logistics was sold to a consortium of financial buyers in 2016. It has amassed North America's largest independent network of container freight service facilities, along with extensive contract logistics capabilities, through acquisition. Job specializations: Insurance. If there are any variations to shipment specifications or services required, the customer will be responsible for these changes. good2grow is a better-for-you kids nutrition platform providing single serve juice, fortified water and milk products. The XPO intermodal division acquired by STG is North America's third largest provider of containerized transportation services, providing intermodal drayage and rail brokerage services for retailers, manufacturers, third party logistics providers, and other types of customers. Bakery Chef is a leading supplier of frozen specialty bakery products, including biscuits, hotcakes, waffles, muffins, and table breads. STG Logistics has acquired in 6 different US states. 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 . United States, As Chief Administrative Ofcer and General Counsel, Chase is responsible for STG Logistics legal, HR, Risk Management and Safety functions. All Truck Load rates must be confirmed at the time of booking. 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. Provider of logistics and transportation services focused on the global supply chain. Santa Maria Foods manufactures and sells Italian deli and grocery products. Minimum additional coverage amount is $100 and Maximum coverage is $800,000. Chicago-based STG is a containerized logistics provider offering services like drayage, transloading and warehousing as well as intermodal and truck transportation. STG Logistics Inc, a portfolio company of Wind Point Partners, has acquired Florida-based International Warehouse Services Inc, a logistics provider of warehousing, trucking, brokerage and. 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. ArrMaz Custom Chemicals is a global leader in the production of specialty chemicals for the mining, fertilizer, phosphate, industrial ammonium nitrate, asphalt, and oil and gas industries worldwide. Chase has served on multiple industry advisory boards and currently serves on Chubbs Client Advisory Board for its Transportation practice. Pelsis is a global supplier of pest control products. SOURCE STG Logistics; Wind Point Partners, Cision Distribution 888-776-0942 of Information Technology from Stevens Institute of Technology and a B.A. All Rights Reserved. Additional Insurance above $10,000 will be subject to a deductible. 2023 Wind Point Partners|Home|Site Map|Terms of Use|Contact Us. Description<br><br>Alvarez & Marsal Private Equity Performance Improvement<br><br>Director, Procurement & Sourcing<br><br>Alvarez & Marsal, a leading independent global professional services firm, specializing in providing turnaround management, performance improvement and corporate advisory services, is seeking to expand its Private Equity Performance Improvement (PEPI) - team in various .
