STG Logistics Acquires International Warehouse Services, Inc.

ASSA ABLOY Acquires Integrated Warehouse Solutions (IWS)

January 23, 2024

Manufacturing

ASSA ABLOY has acquired Integrated Warehouse Solutions (IWS), a Burleson, Texas-based manufacturer of loading dock equipment with about 550 employees and 2022 sales of approximately $170 million. The acquisition expands ASSA ABLOY's Entrance Systems product offering and is expected to be accretive to EPS from the start.

Warehouse Services Inc. Acquires Sky Transportation Services

September 28, 2023

Trucking & Fleet

Privately held 3PL Warehouse Services Inc. (WSI) has acquired El Paso-based Sky Trans Group Holdings, LLC (Sky Transportation Services), a regional truckload carrier focused on dry‑van and US–Mexico cross‑border freight. The deal is expected to add over $60 million in annual revenue to WSI and expand its cross‑border and Southwestern U.S. trucking capabilities, with Sky's CEO Albert Luna remaining in a leadership role.

The Sterling Group Acquires Gulf Winds International

December 19, 2022

Logistics & Distribution

The Sterling Group has completed the acquisition of Gulf Winds International, a family-owned intermodal transportation provider headquartered in Seabrook/Houston, Texas. Sterling said it will partner with Gulf Winds’ management to accelerate growth and expand the company’s reach in the U.S. import/export and rail container drayage markets.

STG Logistics Acquires XPO Logistics' Intermodal Division

March 25, 2022

Transportation

STG Logistics, a Wind Point Partners portfolio company, acquired the intermodal division of XPO Logistics and will operate the combined business as STG Logistics. The transaction created a vertically integrated port-to-door containerized logistics provider and was accompanied by a recapitalization of STG by Wind Point and funds managed by Oaktree Capital Management; financing was led by Antares Capital and other lenders.

Mullen Group Acquires International Warehousing & Distribution Inc.

October 2, 2020

Logistics & Distribution

Mullen Group Ltd. has entered into a definitive agreement to acquire International Warehousing & Distribution Inc. (IWD), a Mississauga-based customs sufferance warehousing and import/export delivery provider serving the Greater Toronto Area. The acquisition expands Mullen Group's logistics and warehousing footprint in the Greater Toronto Area and eastern Canada; IWD founder Steve Cox will remain during the transition period.

STG Logistics Acquires Veeco Holdings

December 3, 2019

Logistics & Distribution

Wind Point Partners portfolio company STG Logistics has acquired Veeco Holdings to expand STG's container freight station (CFS) and contract logistics capabilities on the U.S. East Coast. Veeco's management will remain and join STG's operations team, and STG plans to consolidate the majority of its New Jersey operations into Veeco's North Bergen footprint.