Ed Hammond XPO Logistics Inc. is divesting its North American intermodal business to private equity-backed STG Logistics Inc. for $710 million. Prior to Infinity, Geoff was an investment professional with Wind Point Partners and a private equity attorney with Kirkland & Ellis LLP in Chicago. If there are any variations to shipment specifications or services required, the customer will be responsible for these changes. Wind Point Media Contact: STG Logistics Media Contact: Ron Liberman, Wind Point Partners Anita-Marie Laurie, Sitrick and Company . Kirkland & Ellis provided transaction counsel to Wind Point and Oaktree and McCarter & English provided transportation counsel to STG, Wind Point and Oaktree. Voyant Beauty co-manufactures personal branded care products. Acquired: October 1997Divested: November 1998. Pricing; Log In; . Financial Consultant, Accounting and Finance, Financial Services, Financial Sales. Our leadership team includes: Geoff Anderman Chief Financial Officer If you are a carrier, please submit your request through our Drive for Us contact form. We have completed 100+ platform and 300+ add-on acquisitions over the past 30+ years. Geoff Anderman brings 13 years of diverse experience in private equity, M&A, finance and operations management to the STG Logistics team. Novolex manufactures flexible paper and plastic packaging products. Acquired: February 2005Divested: August 2017. Harris Williams acted as M&A adviser to STG Logistics and Wind Point on the recapitalization of STG. RTIC is a leading direct-to-consumer provider of premium outdoor 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. Please check your spam or junk folder just in case Evans Food Group manufactures branded and private label pork rind snacks. Will His AI Plans Be Any Different? 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. Argotec is a manufacturer of specialty polyurethane films and sheet. Get the full list, Youre viewing 5 of 6 board members. Paul spent his early years with Maersk. Base insurance coverage is $10,000 with zero deductible. Nonnis produces specialty cookies and crackers. 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. Geoff joined STG as Chief Financial Officer in 2017. Strategic and tactical support for attracting, acquiring and sustaining talent and creating productive offshore teams. STG All Truck Load rates must be confirmed at the time of booking. 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. Acquired: March 2007Divested: February 2012. Financing for the transaction was led by Antares Capital and included Deutsche Bank Direct Lending, Stifel, Citizens, and MUFG. STG Logistics Downers Grove, Illinois, United States website STG Logistics is a provider of facilities-based containerized logistics services including container deconsolidation, reconsolidation, transloading, warehousing, and outsourced transportation solutions including final mile delivery. Transloading's Key Role between Factory and Final Consignee. We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them. Let our experts guide the growth and optimization of your company. STG Logistics Acquires the Intermodal Division of XPO Logistics. Ames True Temper specializes in the manufacture of non-powered lawn and garden products. Minimum additional coverage amount is $100 and Maximum coverage is $800,000. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. The Companys most targeted sectors include transportation (88%) and real estate (13%). Full Time position. 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.". Software Buyout. Transit times are estimated and not guaranteed. Ryt-way Industries is a contract food packager and manufacturer of food packaging equipment. Acquired: December 2003Divested: June 2006. 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. The Company's most targeted sectors include transportation (88%) and real estate (13%). Director,Supply Chain - Distribution & Logistics Job Kansas City Wind Point-backed STG Logistics acquires IWS | PE Hub Chase earned a BS in Business Management from Purdue University and a JD from Indiana University's Robert H. McKinney School of Law. Personalize which data points you want to see and create visualizations instantly. Wind Point Acquires STG | Overview | Wind Point Partners RailWorks provides engineering and construction services for track and transit systems. XPO said the unit has 700 employees. With Asian imbalance, STG has room for your cargo! 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? Petmate manufactures and markets durable pet products. FoodScience Corporation is the leading producer of nutritional supplements for humans and pets. Don't have an account? Nonni's Food Company bakes high quality products that are sold within the premium cookie category. Pelsis is a global supplier of pest control products. Acquired: December 2019CEO: Steven Schiller. Acquired: April 1999Divested: December 2004. Transit times are estimated and not guaranteed. Disclaimer: All rates are based on customer provided information. Reach out to us and lets start a conversation. About Wind Point. Acquired: March 2006Divested: August 2008. Listed on 2023-03-02. Please refer to Insurance Certificate for details. Transaction adds to dealmaking run by XPO CEO Jacobs, Company also has been looking to sell European business. For additional information, please visit Oaktree's website at http://www.oaktreecapital.com/. 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. 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. Click here. PE-backed STG Logistics acquires XPO Logistics' intermodal unit A link has been emailed to you - check your inbox. Who We Are - STG good2grow is a better-for-you kids nutrition platform providing single serve juice, fortified water and milk products. ATRG is the leading provider of short-term trailer rentals for storage, cartage and over the road applications. We have just sent you an email so you can verify your account. 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. If you are a carrier, please submit your request through our Drive for Us contact form. TPM is right around the corner - and so is STG! [1] Its Chairman and CEO is Dr. Romesh Wadhwani, who founded the firm in 2002. Downers Grove, Illinois Nelson Global manufactures tubes used in heavy and medium duty trucks and off-road vehicles. Learn more. 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. Alliance International Group is a leading manufacturer of ceramic on steel products used in visual displays and writing surfaces. Chicago-based STG is a containerized logistics provider offering services like drayage, transloading and warehousing as well as intermodal and truck transportation. 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. Unified Services provides termite and pest control for both commercial and residential clients. St. George Logistics Company Profile: Funding & Investors | PitchBook Hasa is a leading provider of essential water treatment solutions. Additional Insurance above $10,000 will be subject to a deductible. Vision Ease is a global manufacturer of branded corrective ophthalmic lenses. Acquired: December 2011Divested: August 2018. Pacific Cycle delivers some of the biggest names in outdoor recreation. Wind Point Partners, a Chicago-based private equity firm, has partnered with logistics executives Chris Jamroz and Hessel Verhage to . 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.
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