LaSalle Capital Acquires BOF Corporation

Source Logistics Acquires LaGrou Distribution Warehousing Business

March 5, 2025

Logistics & Distribution

Source Logistics has acquired LaGrou Distribution's warehousing business in Northeast Illinois, adding eight Chicago-area facilities and over 2 million square feet of refrigerated and frozen storage to its platform. The deal expands Source Logistics' national network into the Midwest (bringing its footprint to 23 locations and 5+ million sq ft) and introduces cold-chain capabilities to its service offering; LaGrou's non-warehousing and transportation divisions remain with prior owners.

Victor Capital Partners Acquires B-O-F Corporation from LaSalle Capital

February 4, 2025

Manufacturing

Victor Capital Partners has acquired B-O-F Corporation, a designer and manufacturer of patented gravity-flow and specialty retail shelving, in a transaction with selling sponsor LaSalle Capital. The investment will partner Victor Capital with B-O-F senior management to accelerate product innovation, expand the company’s offerings, and grow its North American footprint; terms were not disclosed.

48forty Solutions Acquires Bo's Pallets

March 4, 2022

Logistics & Distribution

48forty Solutions, a portfolio company of Audax Private Equity, has acquired Bo's Pallets, a family-owned pallet recycler based in Adairsville and McIntyre, Georgia. The add-on expands 48forty's pallet recycling and automation capabilities across its national pallet management network; terms were not disclosed.

Charlesbank Capital Partners Acquires BOX Partners

December 14, 2021

Packaging

Charlesbank Capital Partners has acquired BOX Partners, a family-owned, technology-enabled wholesaler of packaging, shipping and industrial supplies headquartered in Elgin, Illinois. The deal—funded with equity and debt and marking the company's first outside equity—positions BOX to expand product categories, geographies and e-commerce capabilities; Neil Thomas will become CEO and the company's co-founder and president will step down.

Oliver Inc. (Pfingsten portfolio) Acquires Boutwell, Owens & Co.

April 6, 2021

Packaging

Oliver Inc., a portfolio company of Pfingsten, acquired Boutwell, Owens & Co., a manufacturer of folding carton and blister card packaging, in a transaction that closed March 31, 2021. The add-on expands Oliver’s manufacturing capacity and reach into personal care, healthcare, food & beverage and consumer product end markets while Boutwell will continue operating from its Fitchburg, Massachusetts facility.

LaSalle Capital Acquires Joseph's Frozen Foods (with NewSpring Mezzanine financing)

October 28, 2019

Food & Beverage

LaSalle Capital, with mezzanine financing from NewSpring Mezzanine, has completed the acquisition of Joseph's Frozen Foods from Brynwood Partners. Joseph's, headquartered in Haverhill, Massachusetts, is a manufacturer of frozen Italian pastas, sauces and meal solutions and will use the partnership capital to support product innovation and production capacity expansion.