Flat River Group Acquires Optimum Fulfillment

Guardian Capital Partners Completes Majority Recapitalization of Flat River Group

December 18, 2019

E-Commerce

Guardian Capital Partners (Guardian) invested in Flat River Group, a Belding, Michigan–based eCommerce distributor, partnering with the company's executive management team in a majority recapitalization. Centerfield Capital Partners provided additional financing and minority equity, with CIBC Bank USA providing senior financing; Guardian and management plan to grow the business through investments in infrastructure, capabilities and add-on acquisitions.

Shopify Acquires 6 River Systems

October 17, 2019

Logistics & Distribution

Shopify Inc. has completed its acquisition of 6 River Systems, adding the company’s cloud-based fulfillment software and fleet of collaborative mobile robots to the Shopify Fulfillment Network. The 6 River Systems team of more than 130 employees will remain in Waltham, Massachusetts, and the company’s brand and operations will continue as Shopify expands its fulfillment capabilities.

Wagner Logistics Acquires Fulcrum Logistics

December 14, 2023

Logistics & Distribution

Wagner Logistics, a North Kansas City-based third‑party logistics provider, has acquired Fulcrum Logistics, Inc., a Portland, Oregon regional warehousing specialist focused on food and beverage storage and handling. Fulcrum will operate as a division of Wagner, expanding Wagner's capabilities and customer relationships in the food and beverage sector.

Ryder System Acquires Whiplash Fulfillment

December 13, 2021

Logistics & Distribution

Ryder System, Inc. has entered into a definitive agreement to acquire Whiplash, a City of Industry, California-based omnichannel e-commerce fulfillment and logistics provider, for approximately $480 million in cash. The acquisition expands Ryder's e-commerce and omnichannel fulfillment network (adding 19 warehouses and ~7 million square feet), is expected to be accretive, and aims to integrate Whiplash's technology, operations, and team to accelerate capability and geographic coverage.

RELEX Solutions Acquires Optimity to Bolster Supply Chain Platform

January 3, 2024

Cloud & SaaS

RELEX Solutions has acquired Optimity to integrate Optimity’s production planning, scheduling and supply chain optimization capabilities into RELEX’s unified retail and supply chain planning platform. The deal expands RELEX’s upstream planning functionality for manufacturers and distributors, enabling customers to synchronize demand, supply, production and distribution planning on a single platform.

QuickBox Fulfillment (Pike Street Capital) Acquires Swan Packaging Fulfillment

November 11, 2021

Transportation

QuickBox Fulfillment, a Pike Street Capital portfolio company, has acquired Swan Packaging Fulfillment, a Wayne, New Jersey-based provider of fulfillment, packaging and Amazon support services. Pike Street Capital provided additional capital to support the transaction and Swan owner Tim Werkley will join the combined executive team. The acquisition expands QuickBox's east‑coast footprint, increases shipping locations and value‑added services, and aims to accelerate growth through expanded technology and staffing.