All Rights Reserved. Symphony Technology Group - Wikipedia 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. 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. Tropicale Foods is a manufacturer of frozen novelty products under the Helados Mexico brand. 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. 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. PrivacyPolicy IntermodalPrivacyPolicy Terms&Conditions. 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. degree in Multimedia Communication from Ramapo College of New Jersey. Our leadership team includes. STG Logistics has acquired in 6 different US states. Kirkland & Ellis provided transaction counsel to Wind Point and Oaktree and McCarter & English provided transportation counsel to STG, Wind Point and Oaktree. If you are a carrier, please submit your request through our Drive for Us contact form. We are former entrepreneurs and business leaders who love helping companies reach their full potential. Listed on 2023-03-02. Quotes can only be guaranteed for 30 days on LTL Shipments. "I could not be more excited about this game-changing acquisition," said Mr. Svindland. STG is a leading provider of facilities-based containerized logistics services including container deconsolidation, reconsolidation, transloading, warehousing, and outsourced transportation solutions including final mile delivery. Randy is a CPA and earned an MBA focused in Corporate Finance from The University of Dallas. If there are any variations to shipment specifications or services required, the customer will be responsible for these changes. Geoff Anderman brings 13 years of diverse experience in private equity, M&A, finance and operations management to the STG Logistics team. Transaction adds to dealmaking run by XPO CEO Jacobs, Company also has been looking to sell European business. Ames True Temper specializes in the manufacture of non-powered lawn and garden products. With Asian imbalance, STG has room for your cargo! 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 in 6 different US states. Wind Point Partners, a Chicago-based private equity firm, has partnered with logistics executives Chris Jamroz and Hessel Verhage to . PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. Michael W. - Private Equity Associate - STG - LinkedIn 2023 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. Disclaimer: All rates are based on customer provided information. Payment terms are net 30 days. TPM is right around the corner - and so is STG! STG Logistics Acquires the Intermodal Division of XPO Logistics Get the full list, Youre viewing 5 of 14 executive team members. Acquired: December 2011Divested: August 2018. STG Logistics Acquires the Intermodal Division of XPO Logistics. 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. Los Angeles, California CFS | STG Logistics Locations Los Angeles, CA Track a Shipment Los Angeles Facility Contact Information 1650 S Central Ave Compton, CA 90220 Firms Code: Y292 Tel: 310.764.4395 Freight Release Documentation: LAFreightCashier@stgusa.com PTT Docs: LAPTTDoc@stgusa.com INBOUND Docs: LAInlandService@stgusa.com Air GO Doc: 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. Before joining the STGLogistics team, he was the Director of IT Operations for QualCare, a subsidiary of Cigna, a leading provider of health care services, responsible for EDI, infrastructure, operations and application platforms. Minimum additional coverage amount is $100 and Maximum coverage is $800,000. Director,Procurement & Sourcing Job Troy Michigan USA,Supply Chain David Westin speaks with top names in finance about the week's biggest issues on Wall Street. 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. Any questions? The firm brings expertise, flexibility, and resources to build strategic value and . The division was formed through XPO's purchase of Pacer in 2014 and Bridge Terminal Transport in 2015. Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. Who We Are - STG Interface Performance Materials provides advanced sealing and thermal management solutions. It has amassed North America's largest independent network of container freight service facilities, along with extensive contract logistics capabilities, through acquisition. All rights reserved. Wind Point Partners Acquires STG Logistics | Mergr M&A Deal Summary The unit, which handles rail brokerage and. During her time at XPO, Jennifer affected positive change in sales growth and brought significant expertise in vertical integration to the organization. articles a month for anyone to read, even non-subscribers! STG operates U.S. Customs Bonded, TSA certified, and International Free-Trade Zone facilities. Immediately prior, Geoff served as President and Chief Financial Officer for STG Logistics since 2020. Acquired: April 2016Divested: August 2019. Additional Insurance above $10,000 will be subject to a deductible. Gehl Food & Beverage is a manufacturer of dairy-based, shelf stable food and beverage products. Inside the deal: Why STG Logistics, backed by Wind Point and Oaktree Acquired: September 2014Divested: August 2017. Acquired: December 2000Divested: August 2011. from 8 AM - 9 PM ET. STG Logistics Acquires The Intermodal Division Of XPO Logistics Transloading's Key Role between Factory and Final Consignee. Acquired: April 2021CEO: Henry Lees-Buckley. Mr. DiDonato, has a M.S. PDF STG Logistics Acquires the Intermodal Division of XPO Logistics Strategic and tactical support for attracting, acquiring and sustaining talent and creating productive offshore teams. Symphony Technology Group (STG) is an American private equity firm based in Menlo Park, California. United Subcontractors is a residential insulation installer. Have a data, software or analytics venture that needs a investment partner? Voyant Beauty co-manufactures personal branded care products. For additional information, please visit Oaktree's website at http://www.oaktreecapital.com/. 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. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. STG 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. XPO said the unit has 700 employees. 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 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. 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. 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. Paragon Films manufactures value-add high-performance stretch films. 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. The unit, which handles rail brokerage and other services, generated $1.2 billion in revenue in 2021, according to statement provided to Bloomberg News. 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. All Truck Load rates must be confirmed at the time of booking. Reach out to us and lets start a conversation. If there are any variations to shipment specifications or services required, the customer will be responsible for these changes. Minimum additional coverage amount is $100 and Maximum coverage is $800,000. Acquired: March 2007Divested: February 2012. Acquired: January 2015CEO: Olivier Loeillot. 60515 Als (mede)verantwoordelijke structurele resultaatverbetering gerealiseerd bij Canon Imaging Supplies, Lambrechts NV (CRH), STG / SHAP Belgium (CRH) en Hertek Groep. Disclaimer: All rates are based on customer provided information. 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. When typing in this field, a list of search results will appear and be automatically updated as you type.