#United States #Memphis #CoPilot Logistics #Mallory Alexander #Endeavour Partners

Endeavour and CoPilot's Strategic Acquisition of Mallory Alexander

In a significant move set to reshape the logistics landscape, Endeavour and CoPilot Global Logistics Holdings, LLC have announced their acquisition of Mallory Alexander, a logistics provider with over a century of expertise. The two firms plan to leverage Mallory's strong legacy as the cornerstone of a broader global logistics platform, aimed at enhancing service capabilities and geographic reach.

Rich Bolte, Chairman of Mallory Alexander and co-owner of CoPilot, expressed excitement over the partnership, stating, "Mallory Alexander's people, culture, and operational reputation made it the right place to begin building a broader logistics platform." This acquisition not only honors the longstanding tradition of Mallory’s services but also aims to bolster its operational efficiency through strategic investments and a disciplined growth approach.

Key Highlights and Objectives of the Acquisition

Ownership and Leadership Structure

The deal has resulted in a majority investment in Mallory Alexander by Endeavour and CoPilot, while members of the Mallory family retain an ownership stake. Rich Bolte and Paul Svindland have taken on leadership roles within Mallory as Chairman and CEO, ensuring continuity and stability during this transition period.

Commitment to Operational Continuity

Importantly, Mallory Alexander will maintain its existing management structure and branding, preventing any disruption for customers, suppliers, or government partners. The aim is to foster a smooth transition that preserves the efficiency of everyday operations while enhancing the overall service offerings.

Strategic Growth Plans

As the foundational operating company, Mallory will spearhead CoPilot and Endeavour's strategy to combine organic growth with targeted acquisitions. This strategy is designed to maintain cultural and operational fit while expanding the capabilities of the logistics network. Key priorities include:

• - Investments in Technology: Immediate plans involve enhancing visibility systems, workforce training, and safety programs to improve service reliability and customer engagement.
• - Focus on Employee Engagement: Local management will continue to oversee day-to-day operations, ensuring direct communication with employees and customers regarding site-level plans, thus advancing employee satisfaction and productivity.

Leadership Insights

Carmen Gerace, the President of Mallory Alexander, highlighted the importance of this partnership, saying, “The collaboration with CoPilot and Endeavour provides the necessary capital and support for our team to thrive.” This sentiment was echoed by Paul Svindland, who expressed optimism regarding the scale of operations, emphasizing the commitment to upholding customer-first service.

Rich Bolte reiterated the vision for the partnership, stating, “Mallory is the foundational platform for our future investments in the logistics sector, and we are committed to combining Mallory's excellence with our resources to cultivate a benchmark global logistics network.”

About Mallory Alexander and its Legacy

Mallory Alexander represents over 100 years of dedication in the logistics sector, specializing in freight forwarding, customs brokerage, and providing tailored logistics solutions. The organization is recognized for handling time-sensitive and high-value shipments, making them a trusted partner in the logistics field.

About CoPilot Global Logistics and Endeavour

CoPilot, founded by seasoned logistics veterans, works to build a comprehensive global logistics platform. In parallel, Endeavour has established itself as a reliable source of patient capital since 1991, focusing on fostering the growth of private businesses. The successful acquisition of Mallory Alexander is an example of their commitment to long-term partnerships in the transportation and logistics industry.

In conclusion, the joint efforts of Endeavour and CoPilot through the acquisition of Mallory Alexander indicate a promising evolution in the logistics domain, aiming for a more integrated, customer-centric global landscape.

For further details, please visit the respective websites of Mallory Alexander and CoPilot Global Logistics.