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Harris Williams acted as M&A adviser to STG Logistics and Wind Point on the recapitalization of STG. 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. 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. Svindland was most recently CEO of the now bankrupt trucking compa United States, Minimum additional coverage amount is $100 and Maximum coverage is $800,000. Immediately prior, Geoff served as President and Chief Financial Officer for STG Logistics since 2020. 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. The Companys most targeted sectors include transportation (88%) and real estate (13%). Qualitor, Inc. is a leading diversified supplier of safety and wear parts for the automotive aftermarket. Additional information about STG Logistics is available at www.stgusa.com. All Rights Reserved. Transloading's Key Role between Factory and Final Consignee. 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. 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"). FoodScience Corporation is the leading producer of nutritional supplements for humans and pets. California Weighs $360,000 in Reparations to Eligible Black Residents. March 29-30, 2023 Convene, 117 W 46th St, New York, April 19-20, 2023 Convene, 117 W 46th St, New York, May 17-18, 2023 Hilton Tower Bridge, London, May 23-24, 2023 Convene 117 West 46th Street, New York, Get limited access to our industry news, analysis and data, plus regular email updates. "The demand to move goods is greater than the supply of capacity out there., You should only be asked to sign in once. Description Alvarez & Marsal Private Equity Performance Improvement Director, Supply Chain - Distribution & Logistics 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 locations . 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. During her time at XPO, Jennifer affected positive change in sales growth and brought significant expertise in vertical integration to the organization. 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? 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. The firm targets investments in the consumer products, industrial products and business services sectors. All Rights Reserved. July 27, 2016. The firm has over 1,000 employees and offices in 20 cities wor ldwide. Quotes can only be guaranteed for 30 days on LTL Shipments. Finance. Transit times are estimated and not guaranteed. Most recently, Geoff served as Chief Strategy Officer of Dicom Transportation Group. ATRG is the leading provider of short-term trailer rentals for storage, cartage and over the road applications. Chief Administrative Officer & General Counsel, Youre viewing 2 of 9 competitors. 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 . Randy is a CPA and earned an MBA focused in Corporate Finance from The University of Dallas. Acquired: May 2007Divested: September 2021. Deutsche Bank Securities Inc. acted as M&A adviser to STG Logistics and Oaktree on STG's acquisition of XPO's intermodal division. Disclaimer: All rates are based on customer provided information. TPM is right around the corner - and so is STG! All Truck Load rates must be confirmed at the time of booking. Ed Hammond XPO Logistics Inc. is divesting its North American intermodal business to private equity-backed STG Logistics Inc. for $710 million. Envera Systems is a leading provider of remote security solutions for community associations, Acquired: December 2018CEO: Louis Armstrong. 2020 STG Logistics. here to register, Not for publication, email or dissemination, Whitehorse Liquidity Partners grows team to 150 professionals, PE-backed Chartbeat acquires Lineup Systems and Tubular Labs, Industrial manufacturing round-up; Personal care products; 2023 Women in PE, EQT and PSP team up on Radius acquisition; Charlesbanks Caitlin Riederer talks women in PE, Introducing the Women in PE Class of 2023; Lincoln Road partially exits Brothers National, Fengate Private Equity-backed Inflector snaps up Donalco, Audax-backed Colony acquires New South Construction Supply. 2001 Butterfield Rd, Suite 1010, Acquired: December 1998Divested: December 2003. Base insurance coverage is $10,000 with zero deductible. Acquired: September 1998Divested: March 2000. The Bun Basket caters to the wholesale food-service market. Business builders with deep sector expertise, Deep software, data and analytics expertise, The pedigree, experience, and vision to create market defining, winning companies, 2023 STG Partners, LLCTerms Of Use | Privacy Policy, A private equity firm focused on fueling innovative software, data, and analytics market leaders in the mid-market. Get the full list, Youre viewing 5 of 6 board members. Only logged in subscribers of this site will be able to access the shared article. 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.". Register now to read this article and more for free. Wind Point Media Contact: STG Logistics Media Contact: Ron Liberman, Wind Point Partners Anita-Marie Laurie, Sitrick and Company . 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. Paul brings an executive vision honed from a decades-long career with both public and privately held companies in the logistics industry including CEO of Celadon Group, one of North Americas largest asset-based truckload carriers; Chairman and CEO of Farren International, a leading, private-equity backed atbed trucking company; COO of Pacer International (later acquired by XPO Intermodal and acquired by STGL in 2022) and at AlixPartners where he led the Transportation and Logistics consulting practice. 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. 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. PrivacyPolicy IntermodalPrivacyPolicy Terms&Conditions. Below are links to more information on our current and select realized companies. Nonni's Food Company bakes high quality products that are sold within the premium cookie category. 60515 Als (mede)verantwoordelijke structurele resultaatverbetering gerealiseerd bij Canon Imaging Supplies, Lambrechts NV (CRH), STG / SHAP Belgium (CRH) en Hertek Groep. Provider of logistics and transportation services focused on the global supply chain. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. Transit times are estimated and not guaranteed. Ox Engineered Products is a Leading Specialty Building Products Manfacturer, Acquired: December 2016Divested: March 2019. 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. Will Others Follow? Acquired: December 2000Divested: August 2011. Musk Made a Mess at Twitter. Acquired: August 2004Divested: November 2007. Pestell Nutrition is a leading distributor of nutritional additives and ingredients for the animal nutrition and pet food industry. has nearly 1,000 employees nationwide, all experts in the demanding logistics industry. We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.
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