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St. George Logistics acquires Summit Northwest

Published 16 March 2018

St. George Logistics has expanded its leading import/export presence into the Pacific Northwest and Canada through the acquisition of Summit Northwest.

Summit’s management, led by Co-Founder and President Bob Hodson, Matt Hodson and Sabine Morris, will continue with the business and will join STG as shareholders and senior members of its regional operations team.

Founded in 1999, Summit is a comprehensive import/export logistics provider in the gateway cities of Seattle-Tacoma, Portland and Vancouver. Summit provides a full suite of value added warehousing and distribution solutions, container freight station services, first and last mile delivery, as well as container drayage, less-than-truckload, full truckload, and cross-border ground transport.

Summit’s facilities are custom-bonded and TSA-certified, allowing Summit to play a critical role in providing import/export solutions to air freight forwarders, ocean freight forwarders, airlines, and other providers of international transportation and logistics services.

STG president and CEO Hessel Verhage said: “STG’s expansion into the Pacific Northwest was driven by our commitment to comprehensively support our customers’ global operations.

“STG can now provide a complete array of warehousing, distribution and transportation services in Seattle-Tacoma, Vancouver and Portland, some of the largest, fastest growing and strategically important logistics centers in North America. We are very excited about the conversations we have had with our clients regarding this expansion and we look forward to growing our combined presence in the Northwest U.S. and Canada.”

Konrad Salaber, Managing Director with Wind Point, commented, “Expanding STG’s presence into major new gateway cities was a critical component of the Value Creation Plan we established with Chris, Hessel and the entire STG team at the outset of our investment. The team has done a great job executing a well-choreographed acquisition strategy and they have complemented that success with a robust integration effort. We look forward to seeing STG continue its development as a premier platform serving the global import/export market.”

Wind Point is an active investor in transportation, logistics and route-based businesses with previous investments including Dicom Transportation Group, Valicor Environmental, RailWorks Corporation and AIR-serv Group.

STG (St. George Logistics) is a leading asset-light provider of complex and highly customized logistics and transportation services focused on the global supply chain. The company’s comprehensive suite of services includes value-added contract services and specialized warehousing including container freight management, inventory management, distribution, and e-commerce fulfillment as well as multi-modal ground transportation.

With a network of over 30 multi-purpose technology-enabled facilities, 50 partner locations, and numerous transportation partners, STG provides its customers with one of the most expansive import/export solutions in North America.



Source: Company Press Release