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.". We have just sent you an email so you can verify your account. Minimum additional coverage amount is $100 and Maximum coverage is $800,000. STG Logistics Joins CargoNet Cargo Theft Prevention and Recovery Network, Industry Leaders, Tim Nolan and Dan Gardner, Named to STG Logistics, Inc. Base insurance coverage is $10,000 with zero deductible. "I could not be more excited about this game-changing acquisition," said Mr. Svindland. Additional information about STG Logistics is available at www.stgusa.com. Chase joined STG from Celadon Group, Inc. where he served as the Executive Vice President and General Counsel. This transaction will also allow us to expand our intermodal franchise as well as our scope of services in an aggressive way, which will present numerous exciting new opportunities for the entire team.". Get the full list, Youre viewing 5 of 11 investments. Nonnis produces specialty cookies and crackers. Geoff Anderman brings 13 years of diverse experience in private equity, M&A, finance and operations management to the STG Logistics team. Hasa is a leading provider of essential water treatment solutions. Ascensus Specialties is a manufacturer of specialty chemicals. York Label is a manufacturer of Pressure-Sensitive Labels. STG Logistics has acquired in 6 different US states. All Truck Load rates must be confirmed at the time of booking. Kleinfelder Group is a leading multidisciplinary engineering firm. Paul earned a BS degree from Syracuse University and an MBA from The Wharton School of the University of Pennsylvania. All Truck Load rates must be confirmed at the time of booking. As Chief Administrative Ofcer and General Counsel, Chase is responsible for STG Logistics legal, HR, Risk Management and Safety functions. Please call 888-STG-DOOR (888-784-3667). here to register, Not for publication, email or dissemination, Whitehorse Liquidity Partners grows team to 150 professionals, PE-backed Chartbeat acquires Lineup Systems and Tubular Labs,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. 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. Transit times are estimated and not guaranteed. Acquired: June 1998Divested: February 2004. Acquired: January 2019CEO: Frank Firsching, Critica Infrastructure is a manufacturer of composite materials, insertion valves, and gaskets used in the transmission pipeline, refinery and petrochemical, water, utility, and civil infrastructure industries. There are still a lot of disruptions in the supply chain," said STG Logistics CEO Paul Svindland. Transloading's Key Role between Factory and Final Consignee. 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"). Valicor is a facility-based wastewater treatment provider and industrial waste processor. 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. Prior to STG, she most recently served as Vice President of Sales for XPO Logistics Intermodal, responsible for Intermodal and Drayage business. Transit times are estimated and not guaranteed. In this episode, Bronson explains how the lessons he learned in the kitchen translated to the booth, the reason money can never be the motivation for creating art, and why he believes that imperfections are the best part of any masterpiece. *The companies listed represent a selection of investments in Wind Points complete portfolio and are subject to change. Transit times are estimated and not guaranteed. Leading manufacturer and supplier of disposable food safety products. The firm has over 1,000 employees and offices in 20 cities wor ldwide. Any questions? ", "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. 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. Provider of logistics and transportation services focused on the global supply chain. 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. Feb 2023 - Present2 months. The firm targets investments in the consumer products, industrial products and business services sectors. A link has been emailed to you - check your inbox. For additional information, please visit Oaktree's website at http://www.oaktreecapital.com/. Acquired: January 2002Divested: June 2004. 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. We are former entrepreneurs and business leaders who love helping companies reach their full potential. Svindland was most recently CEO of the now bankrupt trucking compa Brede algemeen management ervaring en een bewezen track record in het structureel beter maken van een business / onderneming. ", Paul Smith, incoming COO of STG Intermodal, stated "The combination of STG and the intermodal division of XPO creates a truly unique business in containerized logistics whose value proposition will resonate with every single one of our customers. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. Will His AI Plans Be Any Different? Disclaimer: All rates are based on customer provided information. Heres a quick introduction to the folks who run STG. Stir Foods is a leading manufacturer of custom soups, sauces, dressings, and fresh salsas. STG LOGISTICS ACQUIRES INTERNATIONAL WAREHOUSE SERVICES, INC. NOLA bound: Look for STG Logistics at AirCargo 2022! Let our experts guide the growth and optimization of your company. Additional information about STG Logistics is available at www.stgusa.com. Fill out our contact form to find out how STG can tailor our integrated logistics solutions to fit your unique business needs. Finance. We are former entrepreneurs and business leaders who love helping companies reach their full potential. Pavion is a leading systems integrator of highly engineered communication, collaboration, and security solutions. Our leadership team includes. Fill out our contact form to find out how STG can tailor our integrated logistics solutions to fit your unique business needs. Acquired: December 2000Divested: August 2011. Downers Grove, Illinois Ed Hammond XPO Logistics Inc. is divesting its North American intermodal business to private equity-backed STG Logistics Inc. for $710 million. The Bun Basket caters to the wholesale food-service market. Click here. 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. 2023 STG Logistics. 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. Acquired: April 1999Divested: December 2004. All Rights Reserved. Ames True Temper specializes in the manufacture of non-powered lawn and garden products. Get the full list, Youre viewing 5 of 6 board members. STG Logistics Acquires the Intermodal Division of XPO Logistics. Please refer to Insurance Certificate for details. A total of 3 acquisitions came from private equity firms. About Wind Point. If you are a carrier, please submit your request through our Drive for Us contact form. Santa Maria Foods manufactures and sells Italian deli and grocery products. 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 2021CEO: Henry Lees-Buckley. 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. 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. 60515 Our leadership team includes: Geoff Anderman Chief Financial Officer Acquired: December 1998Divested: December 2003. Powered by a Seasoned Team of Logistics Experts. STG - Symphony Technology Group. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, No Major Offer Expected on Childcare in UK Budget, Biden Gives Medal of Honor to Trailblazing Special Forces Member, Climate Change Is Launching a MutantSeed Space Race, UK Braces for Rare Weather Event That Risks Late-Winter Freeze, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? STG is a leading asset-light provider of complex and highly customized logistics and transportation services focused on the global supply chain. Amware increased revenue from $47 million to nearly $200 million in 2022 through . Have a data, software or analytics . Randy is a CPA and earned an MBA focused in Corporate Finance from The University of Dallas. Wind Point focuses on partnering with . 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. Kirkland & Ellis provided transaction counsel to Wind Point and Oaktree and McCarter & English provided transportation counsel to STG, Wind Point and Oaktree. 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. Additional Insurance above $10,000 will be subject to a deductible. Listing for: Aon. Acquired: August 1999Divested: August 2007. Nelson Global manufactures tubes used in heavy and medium duty trucks and off-road vehicles. Transloading's Key Role between Factory and Final Consignee. Acquired: August 2016Divested: August 2021. 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. Copyright 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. STG Logistics has acquired 9 companies of its own, including 7 in the last 5 years. Personalize which data points you want to see and create visualizations instantly. Geoff is currently responsible for managing all financial, accounting and administrative functions for STG Logistics. 2020 STG Logistics. Learn more. If there are any variations to shipment specifications or services required, the customer will be responsible for these changes. Click Minimum additional coverage amount is $100 and Maximum coverage is $800,000. Acquired: February 2022CEO: Jos Luis Prado. 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. If there are any variations to shipment specifications or services required, the customer will be responsible for these changes. Chief Administrative Officer & General Counsel, Youre viewing 2 of 9 competitors. Payment terms are net 30 days. STG Logistics has acquired 9 companies of its own, including 7 in the last 5 years. 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. Paragon Films manufactures value-add high-performance stretch films. Register now to read this article and more for free. Acquired: March 2006Divested: August 2008. Don't have an account? California Weighs $360,000 in Reparations to Eligible Black Residents. Full Time position. good2grow is a better-for-you kids nutrition platform providing single serve juice, fortified water and milk products.
