H.I.G. Capital Acquires Capstone Logistics

By Logistics Tech Outlook | Friday, October 30, 2020

H.I.G. Capital has acquired Capstone Logistics.

FREMONT, CA: H.I.G. Capital, one of the leading alternative investment firms across the globe, has signed a definitive agreement to acquire Capstone Logistics, LLC, which is a leader in providing outsourced supply chain and warehouse solutions to grocery, food service, retail, and CPG distribution centers. H.I.G. Capital has signed the agreement from an affiliate of The Jordan Company, L.P. after the acquisition, Capstone’s existing management team that is led by Steve Taylor as the CEO, would be continuing to lead the Company and remain as shareholders in the business, while The Jordan Company will retain access to a minority equity stake.

The partnered company, Capstone Logistics, is excited to collaborate with H.I.G. Capital and enhance its integrated supply chain solutions. With this acquisition, Capstone Logistics can increasingly maximize its footprint and cater to the evolving needs of the clients and customers with the help of H.I.G. Capital, which has more than $40 billion of equity capital under management. The Jordan Company was founded in the year 1982, and it operates as a middle‐market private equity firm. This company has its headquarters in New York.

Capstone Logistics is a leading provider of third‐party technological logistics solutions that cover a large panorama of verticals such as the supply chain, warehouse, distribution, and more. The company delivers extended and enhanced value and service to its clients and customers. Capstone Logistics is recognized for its spirit to innovate, invent, and create highly transfiguring and integrates solutions to revolution warehouse management, freight management, last‐mile delivery, reverse logistics, and related payment processing. Founded in 1986, the company is headquartered in Peachtree Corners, Georgia.

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