stg logistics private equity

"I could not be more excited about this game-changing acquisition," said Mr. Svindland. Payment terms are net 30 days. Ames True Temper specializes in the manufacture of non-powered lawn and garden products. 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. Any questions? Acquired: November 2012Divested: December 2016. Mr. DiDonato, has a M.S. Minimum additional coverage amount is $100 and Maximum coverage is $800,000. 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. Interface Performance Materials provides advanced sealing and thermal management solutions. 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. Wind Point Partners is a Chicago-based private equity investment firm with approximately $4 billion in assets under management. Amware increased revenue from $47 million to nearly $200 million in 2022 through . Acquired: June 1998Divested: February 2004. Financing for the transaction was led by Antares Capital and included Deutsche Bank Direct Lending, Stifel, Citizens, and MUFG. Wind Point Partners, a Chicago-based private equity firm, has partnered with logistics executives Chris Jamroz and Hessel Verhage to . He brings with him extensive experience in M&A, corporate and technical accounting and capital markets. KPMG and PWC provided transaction advisory services on the transaction. Nonni's Food Company bakes high quality products that are sold within the premium cookie category. 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. 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. 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. 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. We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them. The company's comprehensive suite of services includes value-added contract services and specialized warehousing including container freight management, inventory management, distribution, and e-commerce fulfillment as well as multi-modal transportation. United Subcontractors is a residential insulation installer. 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.". Acquired: February 2014Divested: August 2018. 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. Quotes can only be guaranteed for 30 days on LTL Shipments. Tropicale Foods is a manufacturer of frozen novelty products under the Helados Mexico brand. 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. The unit, which handles rail brokerage and other services, generated $1.2 billion in revenue in 2021, according to statement provided to Bloomberg News. We are former entrepreneurs and business leaders who love helping companies reach their full potential. 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. Click 2023 STG Logistics. Transit times are estimated and not guaranteed. We are former entrepreneurs and business leaders who love helping companies reach their full potential. STG Logistics is based in Downers Grove, Illinois. Dicom is a leading provider of expedited transportation and logistics services. 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. 2023 STG Logistics. Wind Point Media Contact: STG Logistics Media Contact: Ron Liberman, Wind Point Partners Anita-Marie Laurie, Sitrick and Company . STG Partners for Business Transformation A private equity firm focused on fueling innovative software, data, and analytics market leaders in the mid-market Our Approach Customer Centric Building companies that put the customer first Committed to Growth Investing in our businesses to drive sustainable, long-term top line results Portfolio Acquired: August 1999Divested: August 2007. Bakery Chef is a leading supplier of frozen specialty bakery products, including biscuits, hotcakes, waffles, muffins, and table breads. Svindland was most recently CEO of the now bankrupt trucking compa Additional Insurance above $10,000 will be subject to a deductible. Konrad Salaber, Managing Director at Wind Point, commented "We are thrilled to complete this initial stage of our journey with the team at STG and excited to have the opportunity to reinvest in the combined business as it embarks on its next phase of growth. Palmex is a leading manufacturer of snack pellets for the better-for-you and Hispanic snack segments. 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. STG Logistics was sold to a consortium of financial buyers in 2016. Envera Systems is a leading provider of remote security solutions for community associations, Acquired: December 2018CEO: Louis Armstrong. 2020 STG Logistics. good2grow is a better-for-you kids nutrition platform providing single serve juice, fortified water and milk products. 310-788-2850 | anitamarie@sitrick.com . Pavion is a leading systems integrator of highly engineered communication, collaboration, and security solutions. Wind Point Partners is a Chicago-based private equity investment firm with approximately $4 billion in assets under management. He currently serves on the boards of American Trailer Rental Group (ATRG), a Wind Point Partners company, and RoadRunner Transportation Services, Inc. (RRTS), a public company. STG Logistics has nearly 1,000 employees nationwide, all experts in the demanding logistics industry. Santa Maria Foods manufactures and sells Italian deli and grocery products. About Wind Point Partners. degree in Multimedia Communication from Ramapo College of New Jersey. Acquired: December 2019CEO: Steven Schiller. Bushnell Performance Optics specializes in sporting optics and outdoor products. Fill out our contact form to find out how STG can tailor our integrated logistics solutions to fit your unique business needs. Paul spent his early years with Maersk. Acquired: February 2022CEO: Jos Luis Prado. Acquired: January 2002Divested: June 2004. Will Others Follow? Please refer to Insurance Certificate for details. 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. Randy is a CPA and earned an MBA focused in Corporate Finance from The University of Dallas. Quotes can only be guaranteed for 30 days on LTL Shipments. Provider of logistics and transportation services focused on the global supply chain. Chicago-based STG is a containerized logistics provider offering services like drayage, transloading and warehousing as well as intermodal and truck transportation. Geoff earned his BA from Washington University in St. Louis and his JD from the University of Southern California. Please call 888-STG-DOOR (888-784-3667). Downers Grove, Illinois STG Logistics has acquired 9 companies of its own, including 7 in the last 5 years. United States, STG Logistics Joins CargoNet Cargo Theft Prevention and Recovery Network, Industry Leaders, Tim Nolan and Dan Gardner, Named to STG Logistics, Inc. [1] Its Chairman and CEO is Dr. Romesh Wadhwani, who founded the firm in 2002. Combination creates leading provider of port-to-door containerized logistics services. Raymond James acted M&A adviser to XPO Logistics. Geoff holds a Juris Doctor from the University of Southern California, and a Bachelors in Political Science from Washington University in St. Louis. FreshEdge is a leading independent fresh foods distributor. Acquired: December 2000Divested: August 2011. Acquired: April 2016Divested: August 2019. Rapper, chef and author Action Bronson takes us on a journey from his early days at culinary school, to releasing critically acclaimed albums, to writing books, starring in TV shows and building an iconic brand around his favorite interests. 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. Acquired: January 2015CEO: Olivier Loeillot. Learn more. All Rights Reserved. Acquired: October 2022CEO: Steve Grinstead. Mitsubishi Signs $1.9b Commuter Rail Deal With Manila: Nikkei, Twitter Revenue, Earnings Fell About 40% in December, WSJ Says, John Malone andCharter Directors Agree to $87.5 Million Settlement, China E-Commerce Giant JD Set for $1.4 Billion Discount Spree, Between Rounds of Golf, Trumps Searching for the Perfect DeSantis Diss, Your Saturday UK Briefing: Sunak Chalks Up a Win as the Budget Looms, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61, The Exhibit Reality TV Show PittingArtist Against ArtistIs No Masterpiece. Jennifer is responsible for all aspects of the overall customer experience, including management of customer relationships, management and mentorship of the global sales force, as well as development and implementation of strategic growth initiatives for STG Logistics across all platforms. Transit times are estimated and not guaranteed. 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. Raymond James acted M&A adviser to XPO Logistics. It has amassed North America's largest independent network of container freight service facilities, along with extensive contract logistics capabilities, through acquisition. Novolex manufactures flexible paper and plastic packaging products. Will His AI Plans Be Any Different? Acquired: January 2007Divested: April 2012. articles a month for anyone to read, even non-subscribers! Get the full list, Youre viewing 5 of 11 investments. Pacific Cycle delivers some of the biggest names in outdoor recreation. Disclaimer: All rates are based on customer provided information. 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. STG - Symphony Technology Group. Geoff is currently responsible for managing all financial, accounting and administrative functions for STG Logistics. 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. 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. Before joining XPO, Jennifer spent 16 years with Lowes and last served as Regional Vice President of Stores. STG Logistics is a premier provider of import/export and value-added warehouse logistics services. 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. Chase joined STG from Celadon Group, Inc. where he served as the Executive Vice President and General Counsel. Ox Engineered Products is a Leading Specialty Building Products Manfacturer, Acquired: December 2016Divested: March 2019. Click here. The firm has over 1,000 employees and offices in 20 cities wor ldwide. Wind Point focuses on partnering with . Chase has served on multiple industry advisory boards and currently serves on Chubbs Client Advisory Board for its Transportation practice. Advanced Technology. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Transloading's Key Role between Factory and Final Consignee. ", "We are excited to partner with Wind Point and STG to acquire XPO's Intermodal division," said Emmett McCann, Managing Director and Co-Portfolio Manager of Oaktree's Transportation Infrastructure Investing strategy. private equity, real assets and listed equities. A complete list of all investments is available upon request. Our leadership team includes. The Companys most targeted sectors include transportation (88%) and real estate (13%). The division was formed through XPO's purchase of Pacer in 2014 and Bridge Terminal Transport in 2015. Chase Welsh PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. 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. Before joining STG, Randy served as CFO at Apple Roofing. PrivacyPolicy IntermodalPrivacyPolicy Terms&Conditions. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. As Chief Administrative Ofcer and General Counsel, Chase is responsible for STG Logistics legal, HR, Risk Management and Safety functions. Transloading's Key Role between Factory and Final Consignee. Acquired: October 2012Divested: January 2015. Wind Point focuses on partnering with top . 2023 Wind Point Partners|Home|Site Map|Terms of Use|Contact Us. 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. XPO said the unit has 700 employees. The unit, which handles rail brokerage and. Breeze Industrial Products designs and manufactures one of the world's most comprehensive lines of perforated worm-drive and T-Bolt/V-Band hose clamps. Ik breng een onderneming daarbij op het niveau van "Corporates" / Private Equity. Payment terms are net 30 days. PrivacyPolicy IntermodalPrivacyPolicy Terms&Conditions. Listing for: Aon. All Truck Load rates must be confirmed at the time of booking. Job specializations: Insurance. 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. 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. 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. Copyright 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 . Software Buyout. Additional information about STG Logistics is available at www.stgusa.com. Let our experts guide the growth and optimization of your company. Kirkland & Ellis provided transaction counsel to Wind Point and Oaktree and McCarter & English provided transportation counsel to STG, Wind Point and Oaktree. STG offers in all key locations in the United States a wide range of value-added services . Stir Foods is a leading manufacturer of custom soups, sauces, dressings, and fresh salsas. Additional information about Wind Point is available at www.windpointpartners.com. If there are any variations to shipment specifications or services required, the customer will be responsible for these changes. STG Logistics is based in Downers Grove, Illinois. 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. 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. Inside the deal: Why STG Logistics, backed by Wind Point and Investor Relations, Marketing & Communications Forum. Leading manufacturer and supplier of disposable food safety products. A link has been emailed to you - check your inbox. FoodScience Corporation is the leading producer of nutritional supplements for humans and pets. STG Logistics was born out of a series of strategic acquisitions of leading logistics services companies including St. George Logistics, AZ CFS, Extra Express, Channel Distribution, NeutraLogistics, Freight Force and Summit NW. The Bun Basket caters to the wholesale food-service market. TPM is right around the corner - and so is STG! Payment terms are net 30 days. 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. STG operates U.S. Customs Bonded, TSA certified, and International Free-Trade Zone facilities. 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. The Company's most targeted sectors include transportation (88%) and real estate (13%). Win whats next.

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