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A and R Logistics Acquires First Choice Logistics to Enter Chemical Supply Chain Services
Thursday 13 February 2020

13 February 2020 - US supply chain services company for the chemical industry A and R Logistics has acquired First Choice Logistics, a provider of bulk liquid transportation and logistics services to expand on its chemical supply chain platform, the company said.
A and R Logistics is a portfolio company of Wind Point Partners.
Terms of the transaction were not disclosed.
The addition of First Choice expands enhances the company's ability to provide shippers end-to-end solutions. With the acquisition A and R enters into liquid chemical supply chain services.
This represents the third add-on for A and R under Wind Point's ownership, following the additions of Blue Water Plastic Transport in June 2019 and Plantgistix in November 2019.
A and R's acquisition strategy will continue to focus on acquiring companies that provide dry and liquid bulk transportation, warehousing and logistics services to producers and distributors of chemicals and plastics.
Wind Point is an active investor in transportation, logistics and route-based businesses, with select prior investments including Dicom Transportation, STG Logistics, Valicor Environmental Services, and AIR-serv.
Kirkland and Ellis LLP served as legal counsel and KPMG provided transaction advisory services to A and R. Wells Fargo Advisors served as sell-side financial advisor and Hinshaw and Culbertson LLP served as legal counsel to First Choice.
A and R Logistics Holdings, Inc. provides dry bulk transportation services, warehousing and packaging, distribution, export, and third-party logistics solutions to numerous multinational companies within the chemical industry.
First Choice provides over-the-road bulk transportation, ISO intermodal services, and a full suite of logistics solutions to some of North America's largest producers and converters of liquid chemicals.
Wind Point Partners is a Chicago-based private equity investment firm with approximately USD 3bn in assets under management.
Details
Date Published: 13/02/2020
Target: First Choice Logistics
Country: USA
Sector: Road Transport/Freight Transport
Type: LBO
Financing:
Status: Closed
Vendor:
Buyer: A and R Logistics
Buyer Advisor: Kirkland and Ellis , KPMG
Comment:
Terms of the deal were not disclosed

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