Ridgefield Partners Facilitates Acquisition of RAZR Logistics by Best Warehousing
Ridgefield Partners Facilitates Acquisition of RAZR Logistics by Best Warehousing
On September 17, 2025, Ridgefield Partners announced a monumental transaction in the logistics sector: the acquisition of RAZR Logistics by Best Warehousing & Transportation (BWT). RAZR, a notable subsidiary of Johnson Storage & Moving, has gained recognition for its prowess in third-party logistics (3PL) and fourth-party logistics (4PL) solutions since its inception in 2018. The acquisition marks a pivotal chapter for both companies, promising to reshape logistics services across the U.S. and beyond.
A New Era for RAZR Logistics
Headquartered in Denver, Colorado, RAZR Logistics comes under the leadership of founders Don Hindman and Mike Griffin who have propelled the company to impressive growth trajectories in a short span. With a specialty in dedicated 3PL and contract warehousing, RAZR has established itself as a key player in the industry, servicing both domestic and international markets.
The transition to BWT, a well-established entity headquartered in Smyrna, Georgia, signifies a strategic alignment that amplifies capabilities and operational efficiencies. BWT, a subsidiary of Bluejay Capital Partners, boasted 10 dedicated 3PL warehouses prior to the acquisition. This joining of forces means the new entity will encompass a total of 16 dedicated warehouses along with more than 50 contract locations globally.
Leadership Insights into the Acquisition
Don Hindman, the CEO of Johnson Storage & Moving, expressed enthusiasm about the acquisition, highlighting the potential for continued growth under BWT’s guidance. He stated, "We are excited to see Mike Griffin and his extraordinary team continue their growth journey with a sophisticated and well-capitalized owner like BWT." This sentiment was echoed by Mike Griffin himself, who will assume the role of Senior Vice President of Sales at BWT. He emphasized that this partnership will not only facilitate sustained double-digit growth but will also allow for collaborative ventures with Johnson and various other partners.
Danielle Roszko, CEO of BWT, further articulated the excitement surrounding this acquisition. "We are thrilled to welcome RAZR and their talented team to BWT. Their expertise and capabilities will accelerate our growth, expand our reach, and strengthen the value that we deliver to our customers," she stated, reflecting the optimistic outlook for future business under their unified banner.
The Advisory Team Behind the Deal
Ridgefield Partners played a pivotal role in this transaction, led by partners Todd Harman and Michael Seeley. Their expertise, combined with the support of associates Austin Woodring and Anthony King, was instrumental in bringing this acquisition to fruition, further showcasing Ridgefield’s prowess in mergers and acquisitions within the middle-market segment.
About Ridgefield Partners
Founded with a singular focus on mergers and acquisitions, Ridgefield Partners excels at guiding middle-market firms throughout North America. Their approach intertwines extensive industry knowledge with a practical, hands-on perspective, having been on the frontlines of business operations themselves. With offices across major cities including Denver, Seattle, and Los Angeles, Ridgefield Partners is well-equipped to serve the needs of their diverse clientele.
As the logistics industry undergoes rapid transformations, the acquisition of RAZR Logistics by Best Warehousing & Transportation stands as a testament to the continuous evolution within the sector. This significant merger not only reinforces the market presence of both entities but also promises greater service offerings for customers around the world.