Logistics & Distribution Acquisitions in Florida

Allstates WorldCargo has acquired Promptus, LLC, a South Florida–based customs broker and 3PL, adding an in-house customs brokerage division to its service offering. The acquisition strengthens Allstates' Miami presence (a key Latin America gateway) and integrates Promptus' team to provide customs clearance, tariff classification and regulatory compliance alongside Allstates' freight services.

Slate Asset Management and Hamilton Lane, with co-investor support from GFH Partners, acquired a majority equity stake in Cold-Link Logistics, a North American cold storage and temperature-controlled logistics platform. Cold-Link’s founders and management will retain a meaningful ownership stake and continue to lead the company as Slate and Hamilton Lane provide capital and asset-management resources to support the company’s growth across the U.S.

Monomoy Capital Partners portfolio company Thetford Corporation has acquired Dave Carter & Associates, a national distributor of electrical, plumbing and building supplies serving the RV and manufactured housing industries. The add-on acquisition (DCA operates 11 distribution centers and is headquartered in Ocala, Florida) nearly doubles Thetford's North American distribution footprint and expands its reach into the manufactured housing sector.

R2X, LLC dba Ready-2-Xecute, an expedited third-party logistics provider based in Indianapolis, has acquired Dedicated Carriers, Inc., a multimodal OTR 3PL headquartered in Tampa, Florida. The deal, advised by Ridgefield Partners, brings together two customer-focused logistics teams and will expand Ready-2-Xecute's presence in Tampa to better support clients and employees.

PrimeFlight Aviation Services, a portfolio company of The Sterling Group and Capitol Meridian Partners, has acquired StratAir’s cargo handling operations at Miami International Airport (MIA), Richmond International Airport (RIC), and Luis Muñoz Marín International Airport (SJU). The deal expands PrimeFlight’s cargo handling footprint and capacity—adding StratAir’s facilities (including a 120,000 sq. ft. third‑party handling complex at MIA) and experienced personnel to PrimeFlight’s growing global cargo network.

St. Louis-based private equity firm Compass Group Equity Partners has partnered with Tampa-based The Illuminate Group, a cold chain design, testing and passive packaging provider focused on last-mile pharmaceutical logistics. Compass will provide capital and operational support to expand Illuminate’s R&D and testing capacity, double office/testing space, build out ERP and sales capabilities, and accelerate product development and market expansion.

Diverse Logistics, an Argosy Private Equity portfolio company, has acquired Massiano Logistics, a white-glove final-mile delivery, warehousing and distribution specialist headquartered in Orlando, Florida. The add-on expands Diverse’s big-and-bulky final mile network and regional density across the Southeastern and Mid-Atlantic U.S., supporting scale and service expansion for furniture retailers, 3PLs and designers.

AIT Worldwide Logistics has acquired the assets of Miami-based international freight forwarder GSDMIA, Inc. The deal expands AIT's trade-lane capabilities across Asia, Europe, Latin America and the United States and brings GSDMIA’s team and specialized air/ocean expertise into AIT’s Miami operation; terms were not disclosed.

National Oak Distributors (NOD) and Integrated Supply Network (ISN) have completed a merger to create a combined automotive aftermarket distribution company. Geoffrey Peckham, NOD founder and CEO, is majority owner and will serve as CEO and chairman of the merged business; ISN shareholders, including PE firm Freeman Spogli, retain a significant minority stake.

ACERTUS has acquired Bluestar Auto Movers and Bluestar Corporate Relocation Service to expand its automotive logistics platform into exotic/white-glove vehicle delivery and corporate/employee relocation services. The deal (which excludes Bluestar Transportation, the asset-based trucking division) is effective immediately and retains the existing Bluestar management teams and employees.

Fourshore Partners, a Miami-based private equity firm, has acquired Palm Coast Sales, a Jupiter, Florida wholesale distributor of premium outdoor kitchen appliances, grills and accessories. Nate Barbera, an operating executive at Fourshore, will assume the role of President and CEO at Palm Coast Sales as the firm looks to expand the company’s retailer network, product offerings and geographic footprint across the Southeastern United States.

BlueGrace Logistics, a PE-backed third-party logistics (3PL) provider, has acquired FreightCenter, a 26-year-old online transportation solutions provider. The deal will integrate FreightCenter's customers and online freight capabilities with BlueGrace's BlueShip TMS, carrier network and managed logistics services while FreightCenter continues to operate under its existing brand.

GCL (Global Critical Logistics), parent company of Rock-it Cargo, has acquired Magusa Global Cargo, a Miami-based specialist in live events and touring logistics for Latin artists. The acquisition aims to deepen GCL's capabilities and reach in the Latin music and live-events markets; terms were not disclosed.

Nationwide Transport Services LLC (NTS), a Fort Lauderdale–based 3PL provider, has acquired the 25-year-old container shipping brand ContainerTransport.com. The deal adds container drayage and global container shipping capabilities to NTS's portfolio, strengthens its presence near JAXPORT (Jacksonville), and expands service offerings across the United States, Canada and internationally.

PackGistics (PACK), a newly formed group of private investors led by Megan Smith, Matthew Mullaney and Dan Duschene, acquired Ray the Mover of Naples, Inc., a Naples, Florida-based moving and storage company. The acquisition closed on September 6, 2024 and marks PACK’s first acquisition as it launches a tech-driven moving and storage platform serving residential, commercial and international relocation needs in Southwest Florida.

Rotunda Capital Partners has invested in Lehman Pipe and Supply, a Miami-based distributor of industrial pipe, valves and fittings (PVF), partnering with existing management to support growth and succession. The partnership will provide capital and operational support to expand Lehman's footprint across the South and Southeast U.S., pursue selective acquisitions and accelerate organic growth.

Imperial Dade has acquired City Maintenance Supply, a South Florida distributor of janitorial and industrial products with locations in Pompano Beach and Ft. Myers. The deal expands Imperial Dade's distribution density in Florida; financial terms were not disclosed and the company was owned and operated by Chuck Neeld prior to the transaction.

RD Last Mile Holdings, LLC (operating as ADL Final Mile) has acquired the assets of Sonic Systems, Inc. (d/b/a Sonic Transportation & Logistics), a Florida-based final mile and customized logistics provider. The deal is an add-on to ADL Final Mile’s platform—backed by Red Dog Equity with financing support from Monroe Capital and The Pritzker Organization—and is intended to accelerate the platform’s expansion in Florida and the broader Southeast.

Radiant Logistics, a publicly traded third-party logistics provider based in Renton, Washington, has acquired Select Logistics, Inc. and Select Cartage, Inc., two Doral, Florida–based freight forwarding and cartage businesses that have operated under Radiant's Adcom Worldwide brand since 2007. The transaction includes earnout-based consideration and will see Select transition to the Radiant brand and combine with Radiant's existing South Florida operations, with Gabby Santos named General Manager and co-founder Hector Cavallo departing to pursue other interests.

Radiant Logistics, Inc. acquired the operations of Daleray Corporation, a Fort Lauderdale-based freight forwarder that has operated under Radiant's Distribution By Air brand since 2014. The deal will transition the business to operate as Radiant Global Logistics (RGL-FLL), anchoring Radiant's cruise logistics offerings in South Florida while retaining key personnel.

Carrix has completed the acquisition of Ceres Terminals from Macquarie Infrastructure Partners III; financial terms were not disclosed. Carrix will integrate and rebrand Ceres' operations under its SSA Marine business to expand its terminal footprint and services across North America and other regions.

Imperial Dade has acquired Supreme Paper Supplies, a Pensacola-based distributor of foodservice, packaging and janitorial products. The acquisition expands Imperial Dade’s presence in the greater Pensacola region and represents the company's 70th acquisition; financial terms were not disclosed. Supreme was founded by the Kelly family in 1985 and was most recently owned by the North River Group.

National Convenience Distributors (NCD) has acquired Colonial Wholesale Distributing, Inc., a Tampa-based full-line wholesale distributor serving convenience and grocery stores in the Southeast. Colonial will join NCD as a newly created division, expanding NCD's geographic reach along the U.S. East Coast; financial terms were not disclosed.

Dupré Logistics has acquired Interstate Transport, Inc., a St. Petersburg, Florida-based freight brokerage specializing in temperature-controlled and time-sensitive food and beverage logistics. The Interstate Transport name and senior leadership will be retained while the deal expands Dupré's service offering and density in Florida and along the U.S. East Coast.

GEODIS has acquired Southern Companies, a family-owned U.S. drayage provider founded in Miami in 1965 that operates terminals at seven key ports across the Southeast and Gulf. The deal adds more than 80 employees and expands GEODIS' end-to-end supply chain and port operations capabilities in the United States; financial terms were not disclosed.

RoadOne IntermodaLogistics has acquired Ace Transport Miami LLC; the business will operate as Ace IntermodaLogistics and expand RoadOne's service footprint in Southern Florida. Ace brings intermodal, transload and overweight-container capabilities, a 100,410 sq ft Miami warehouse, 70 drivers and a 300‑unit chassis fleet; founders Rudy and David Alvarez will remain as shareholders and continue to run operations. The acquisition is an add-on to RoadOne's PE-backed platform (recapitalized by Ridgemont Equity Partners) to accelerate Florida network and capability expansion.

Link Reservations, Inc. (OTC PINK: LRSV) completed the acquisition of Global Enterprises & Logistics, Inc. via a Share Exchange Agreement dated March 3, 2023, making Global a wholly owned subsidiary. Global is a South Florida-based refrigerated freight forwarder and logistics provider serving wholesale, retail and hospitality customers with over 70 employees and a fleet of refrigerated tractor-trailers; Link said the acquisition supports diversification and its plans to become a reporting company and up-list.

Boasso Global and Quala announced a definitive agreement to merge their complementary liquid-bulk container cleaning, depot and maintenance businesses, creating a leading infrastructure services provider for the liquid bulk logistics industry. The transaction is supported by a new growth capital investment from KKR (via its Global Infrastructure Investors IV fund), which will purchase shares from Advent International and fund the strategic combination to expand geographic footprint and service capabilities across North America and Europe.

USTC Corp, part of the ETC Group family, has acquired Multicom, a Florida-based manufacturer and full-line stocking distributor of telecom and technology products. The acquisition expands USTC's U.S. footprint (now 13 locations), strengthens its East Coast presence, and adds Multicom's product lines and Latin American customer relationships to the group's capabilities.

S&S Activewear, a leading North American apparel wholesaler based in Bolingbrook, Illinois, has acquired TSF Sportswear, a multi-line wearables distributor with operations in Florida, Puerto Rico, Alabama and Texas. The deal expands S&S's footprint in the Southern U.S., adds TSF's warehouse locations and customer relationships, and gives TSF access to S&S's broader brand assortment and inventory network.

STG Logistics, a Wind Point Partners portfolio company, has acquired International Warehouse Services, Inc. (IWS), a Port Everglades-based provider of warehousing, trucking, brokerage, customs clearance and distribution services. The acquisition expands STG's footprint into the Port Everglades / Fort Lauderdale market and adds customs examination station and USDA inspection capabilities to STG's platform.

ShipHero has acquired Cargo Cove Fulfillment, a Jacksonville, Florida-based full-service e-commerce logistics and fulfillment provider. The deal integrates Cargo Cove's fulfillment, picking/packing, inventory management and returns services (which serve over 50 e-commerce brands and have shipped over one million orders) into ShipHero's fulfillment network to expand its southeastern U.S. footprint and strengthen its fulfillment capabilities following a $50 million financing round.

Crown Capital Investments, an Atlanta-based direct investment platform, has acquired Ameriworld Enterprises, Inc., a Miami-based order fulfillment and distribution solutions provider serving B2B, B2C, retailers and e-commerce. The acquisition positions Crown Capital to capture continued e-commerce growth by adding fulfillment, packaging and brand-building capabilities to its portfolio.

Imperial Dade, a leading distributor of foodservice packaging and janitorial supplies, has acquired Cosgrove Enterprises, Inc., a Miami-based janitorial supply distributor with six facilities across Florida, Georgia and Tennessee. The deal is the 33rd acquisition for Imperial Dade and strengthens its southeast footprint and product/service offering; financial terms were not disclosed.

Aramsco, Inc. has acquired CleanAll Supply, Inc., a Fort Lauderdale-based regional distributor of janitorial supplies and equipment. The acquisition expands Aramsco's product and service offering in Florida and surrounding regions to better serve customers in hospitality, education, healthcare, and other commercial markets.

ShipMonk, an e-commerce fulfillment and inventory management platform headquartered in Fort Lauderdale, Florida, received $65 million in growth equity from Periphas Capital to accelerate growth, expand internationally, and enhance its technology and carrier partnerships. Periphas Capital’s Managing Partner Sanjeev Mehra will join ShipMonk’s board; Goldman Sachs and Cooley advised ShipMonk while Kirkland advised Periphas.

International Keg Rental LLC completed the acquisition of substantially all assets of Global Asset Rental (dba Global Keg Rental). International Keg said it will inject growth capital to expand the business internationally, retain customer relationships and install a new leadership team including Thadeus Avvampato as President and Justin Smith as CFO.

Associated Couriers, LLC (St. Louis) has acquired Specialty Freight & Courier, a Florida-based medical and final-mile courier with offices in Jacksonville and Tampa. The acquisition — effective November 2020 and announced February 1, 2021 — expands Associated Couriers' regional same-day, last-mile and next-day capabilities in Florida and the Southeastern U.S., increasing the buyer's national footprint to 40 states.

Lean Staffing Solutions, a Fort Lauderdale-based nearshore outsourcing provider for the transportation and logistics industry, received a $42.5 million minority growth equity investment from FTV Capital. The capital will accelerate LSS's expansion in its core logistics market, enhance its product and service offerings, and support entry into new verticals including finance and healthcare; FTV will join LSS's board.

Tampa-based BlueGrace Logistics has acquired freight broker Anthym Logistics, a recently formed Tampa–Chicago freight brokerage that resulted from a merger of Atomic Transportation and Cousins Logistics. The tuck-in deal strengthens BlueGrace’s presence in Tampa and Chicago, adds refrigerated truckload (reefer) capacity and produce expertise, and expands its branch footprint across the U.S.

Resideo Technologies, Inc. (through its ADI Global Distribution business) has acquired Herman ProAV, a Miramar, Florida-based distributor of professional audio-visual products and integrator services. The acquisition — which includes Herman Integration Services — is intended to expand ADI's pro‑AV product portfolio, service capabilities and support Resideo's margin and topline growth in the commercial AV market.

Fort Lauderdale-based Lewis Marine Supply has acquired Glennmar Supply, a wholesale marine parts distributor in Largo, Florida. The acquisition provides Lewis Marine with a Tampa-area base to expand inventory, same- and next-day delivery reach, and overall service coverage on Florida's west coast.

MODE Transportation has completed the acquisition of SunteckTTS Inc. from Comvest Partners, combining two large non-asset third-party logistics providers to create a multimodal logistics platform. The combined company expands capabilities across truckload, LTL, intermodal, drayage, air, ocean and parcel freight, facilitating more than 1.5 million annual shipments and generating over $2 billion of revenue.

Post Capital Partners partnered with Smith Transportation's existing management team (Steve Smith, Bill Nichols, Jeff Maser and Christine Postlmayr) — with participation from Executive Partner Sam Woodward — to acquire Smith Transportation Services, a Sunrise, Florida-based third-party logistics and brokerage provider. Patriot Capital Group provided a unitranche debt facility and equity co-investment to support the buyout; Post Capital said the investment will fund technology investments, geographic expansion of its Load-to-Ride (LTR) offering and potential tuck-in acquisitions.