Logistics & Distribution Acquisitions in Michigan

BlueGrace Logistics, a Warburg Pincus–backed 3PL, has acquired STB Freight Group, a Northville, Michigan–based managed logistics and trucking provider. The deal expands BlueGrace's Midwest footprint and brings STB customers access to BlueGrace's managed logistics platform, multimodal services, and proprietary optimization technology.

Peli BioThermal, a Platinum Equity‑backed temperature‑controlled logistics provider, acquired the Evo portfolio (SAVSU Cleo Technologies, LLC) from BioLife Solutions for $25.5 million in cash (subject to adjustments). The add‑on expands Peli BioThermal’s cryogenic and cold‑chain offerings—including the evoIS platform—and preserves the Bruce Township, Michigan operations to support Cell & Gene Therapy and pharmaceutical customers.

Overhaul, the Austin-based in‑transit supply chain risk management platform, has acquired FreightVerify, an Ann Arbor-based end-to-end supply chain visibility provider known for SKU- and part-level tracking. The acquisition combines Overhaul's real-time risk mitigation and monitoring capabilities with FreightVerify's precision visibility to deliver deeper inventory control and proactive response for high-consequence cargo across automotive, healthcare, high-tech and consumer markets.

Vertical Cold Storage, sponsored by Platform Ventures, acquired Arctic Logistics' 140,000 sq ft cold storage facility in Canton, Michigan. The acquisition expands Vertical Cold's national footprint and cross-border capabilities for U.S.-Canada trade; terms were not disclosed.

The AGL Group has acquired ADA Logistics Corporation, a domestic brokerage based in Ada, Michigan, in a deal completed April 1, 2025. The acquisition adds flatbed capacity and expands The AGL Group's presence in the Great Lakes region to strengthen its domestic logistics offering.

Charthouse Holdings LLC has acquired Pronto Freight Ways, a Michigan-based provider of time-sensitive air freight, local cartage, drayage and warehousing services. Charter Growth Capital Fund II co-invested in the add-on acquisition to expand Charthouse's logistics platform and capabilities; Pronto will continue to be led by founder Paul Wozniak.

ModuGo, a portfolio company of Kinderhook Industries, has acquired Rent-A-Container (RAC), a provider of portable storage containers and container offices. The deal—ModuGo’s third add-on since its February 2023 recapitalization—supports the launch of a nationwide Rent‑A‑Container network to consolidate regional brands and leverage ModuGo’s logistics engine for optimized container selection and nationwide service.

An affiliate of H.I.G. Capital has signed a definitive agreement to acquire Ascent Global Logistics from affiliates controlled by Elliott Investment Management. Ascent's management team and Elliott will retain minority stakes; H.I.G. said it will support Ascent's growth by investing in technology, broadening capabilities, expanding global reach and enhancing its carrier network.

Arrow International (through affiliated Bow Distribution, LLC) has acquired the operational assets of Blue Bay South, L.L.C., Fraternal Enterprises, Inc., American Bingo Company, L.L.C. and Wholesale Bingo Supplies LLC (collectively "Blue Bay"). The sellers, Bob "Bingo Bob" Robinson and Rob Robinson, will continue to lead the business, which will operate in Michigan as Blue Bay, LLC; the deal expands Arrow's distribution footprint and resources in the Michigan charitable gaming market.

AFC Industries, a portfolio company of Bertram Capital, has acquired Motor City Industrial from private equity investors Kian Capital Partners and Oakland Standard. The add-on expands AFC's value‑added distribution footprint for fasteners and consumable industrial products, bringing Motor City’s vendor-managed inventory, kitting and technology capabilities into AFC’s platform; terms were not disclosed.

Glenview, Illinois-based Envoy Solutions agreed to acquire seven Michigan-based companies from The Enterprises Group — KSS Enterprises, Sideline Sports, BBC Distributing, Energyst Solutions, Rapid Supply & Sales, EMack Manufacturing, and Star Flooring. The acquisition expands Envoy Solutions' product offerings in janitorial, foodservice, packaging and commercial flooring and marks the company's entry into Michigan, with the deal expected to close in Q4 2022 pending customary approvals.

H.I.G. Capital completed a growth investment in Load One, LLC, partnering with founder and CEO John Elliott and the existing management team to support the company's organic growth and M&A-driven consolidation. Load One, headquartered outside Detroit, Michigan, is a provider of expedited transportation and logistics services across the U.S., Canada, and Mexico; H.I.G. will provide capital and resources to accelerate strategic growth initiatives.

Imperial Dade, a leading distributor of foodservice packaging and janitorial supplies, has acquired Allied Eagle Supply, a Detroit-based distributor of janitorial and hygiene products. The acquisition expands Imperial Dade's density in the Midwest (Michigan and Northern Ohio) and is part of Imperial Dade's ongoing roll-up strategy.

RoadOne IntermodaLogistics, a portfolio company of Nonantum Capital Partners, has acquired EHS Trucking Enterprises, a regional trucking provider based in Brownstown Township, Michigan. Kreshmore Group advised EHS on the transaction, which closed December 22, 2021; financial terms were not disclosed.

Pantero, a family-owned packaging and warehouse supply company based in Troy, Michigan, has acquired Ampro Material Handling, a Detroit-area racking and material handling supplier founded in 1969. The deal expands Pantero's material handling capabilities—adding pallet racking, mezzanines, custom fabrication and installation services—to offer more comprehensive warehouse solutions to its customers.

Imperial Dade has acquired Nichols Paper & Supply, a Norton Shores, Michigan-based distributor of janitorial supplies and industrial packaging. The transaction — Imperial Dade's 43rd acquisition — expands the company's Midwest presence and integrates Nichols into Imperial Dade's national distribution platform; financial terms were not disclosed.

Aterian Investment Partners, through its portfolio company Xpress Global Systems (XGS), has acquired SSBB Inc. and affiliates (doing business as Michigan Carpet / Delta Distribution), a specialized flooring less‑than‑truckload company headquartered in Grand Rapids, Michigan. The add‑on acquisition expands XGS's Midwest footprint and increases capacity across Indiana, Michigan, Missouri, Ohio and Pennsylvania as XGS continues to scale its floorcovering logistics platform.

Freeman Spogli & Company has acquired a majority interest in Kamps Pallets, Inc., a Grand Rapids, Michigan-based pallet management services provider. Founder and CEO Bernie Kamps remains a significant shareholder and will continue to lead the company; financial terms were not disclosed and debt financing was provided by Oaktree Capital Management, Adams Street Partners and Comerica.

Atlas Holdings, with participation from Fulcrum Capital Partners, acquired Eagle Quest International, Ltd. (EQI), a Norton Shores, Michigan-based provider of outsourced procurement, distribution, inventory management and global logistics services. The transaction represents MSouth Equity Partners' successful exit and realization of its investment in EQI.

New Orleans-based Imperial Trading Company has purchased the stock of GRAD Inc., the parent of S. Abraham & Sons (SAS Distributing), expanding Imperial's footprint into the Midwest. The combined company will operate across 20 states with about 1,000 employees and serve more than 5,000 retailers, strengthening Imperial's distribution, marketing and technology capabilities for convenience stores.