Equity Group Investments Recapitalizes East Coast Warehouse & Distribution; Seacoast Capital Exits
February 3, 2022
Equity Group Investments has recapitalized East Coast Warehouse & Distribution (ECW), a temperature-controlled 3PL headquartered in Elizabeth, New Jersey, enabling Seacoast Capital to exit its non-control growth investment. Seacoast originally invested in 2018 (co-investing with Everside Capital Partners); terms of the recapitalization were not disclosed. ECW operates extensive refrigerated and ambient warehouse capacity and provides drayage, trucking, brokerage and customs exam services at major East Coast ports.
- Buyers
- Equity Group Investments
- Targets
- East Coast Warehouse & Distribution
- Sellers
- Seacoast Capital
- Industry
- Logistics & Distribution
- Location
- New Jersey, United States
- Transaction Type
- Recapitalization
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