Capstone Logistics Acquires Logistical Labs
Chicago-Based Logistical Labs Joins TJC-Backed Capstone Logistics, the Leading Performance Workgroup Company
Chicago, IL - June 13, 2018 - Logistical Labs, makers of LoadDex, the SaaS platform for collecting, analyzing, and acting on supply chain data, today announced that they have been acquired by Capstone Logistics, a leading provider of outsourced supply chain solutions to distribution centers in the grocery, foodservice, retail, and other industries. The partnership will accelerate innovation for both companies as they continue to build out solutions for their supply chain customers.
"Logistical Labs' mission has always been to reduce complexity and open up new possibilities across the supply chain, and Capstone's mission of delivering service and value through innovation aligns with that," said Chris Ricciardi, Chief Operating Officer of Logistical Labs. "With this deal, we will be able to push the boundaries of innovation for our existing customer base while expanding into new markets with increased speed and confidence."
"I'm thrilled to welcome Logistical Labs to Capstone," said Steve Taylor, CEO of Capstone Logistics. "This partnership allows for accelerated product development and growth for both organizations, and we look forward to what's ahead."
Capstone is currently owned by The Resolute Fund III, L.P., a private equity fund managed by The Jordan Company (TJC). TJC has managed funds with original capital commitments in excess of $11 billion since 1987, with a track record of investing in and contributing to the growth of businesses across the transportation and logistics industries.
About Logistical Labs
Logistical Labs builds technology for collecting, analyzing, and deploying big data in the supply chain. With their suite of analytics products, users can make better informed pricing and quoting decisions through data-driven insights and social collaboration. Open API access allows users to easily integrate products into their existing business applications for improved process efficiency. Logistical Labs was named a Top 100 Logistics IT Provider by Inbound Logistics in 2018. For more information, visit www.logisticallabs.com.
About Capstone Logistics
Capstone Logistics, LLC is a third-party logistics company offering technology-enhanced labor solutions for the full spectrum of supply chain activities. Capstone is a market leader in its industry and delivers service and value to its customers through innovative solutions. Founded in 1986 and headquartered in Atlanta, Capstone operates in 350 locations spanning 44 states, servicing customers in grocery, foodservice and retail end markets.
About The Jordan Group Company, L.P.
TJC (www.thejordancompany.com), founded in 1982, is a middle-market private equity firm that has managed funds with original capital commitments in excess of $11 billion since 1987 and a 35-year track record of investing in and contributing to the growth of many businesses across a wide range of industries including Industrials, Transportation & Logistics, Healthcare & Consumer, and Telecom, Technology & Utility. The senior investment team has been investing together for over 20 years and it is supported by the Operations Management Group, which was established in 1988 to initiate and support operational improvements in portfolio companies. Headquartered in New York, TJC also has an office in Chicago.
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