#United States #Southfield Capital #Greenwich #North Coast Logistics #Alba Wheels Up

Strategic Expansion in Wine Logistics

In a significant move to bolster its logistics services, Alba Wheels Up, a prominent customs brokerage and logistics provider based in Valley Stream, NY, has successfully acquired North Coast Logistics, Inc. (NCL). This acquisition was announced by Southfield Capital, a leading private equity firm focused on lower middle market investments. The strategic takeover is aimed at enhancing Alba's Cobalt Wine Logistics business unit, solidifying their position in the wine and spirits storage and transportation sector.

Enhancing Logistics Solutions

With this merger, Cobalt Wine Logistics, which operates at the forefront of international wine and spirits logistics, is set to integrate North Coast Logistics’ expertise into its operations. Founded and managed by Tammie and Travis Pisors, NCL has established itself in the domestic wine consolidation and distribution arena for 25 years. The collaboration will enable the newly formed entity to offer comprehensive logistics solutions across the country, providing seamless service from east to west.

A Unification of Expertise

George McGowen, President of Cobalt Wine Logistics, expressed enthusiasm about the merger, highlighting how NCL's distribution services perfectly complement their intermodal logistics portfolio. This partnership, according to McGowen, allows Cobalt to broaden the range of services available to clients, ultimately driving operational efficiency without compromising quality. He emphasized the importance of the collaboration that has been nurtured over the years between Cobalt and NCL's leadership.

Tammie Pisors, President of North Coast Logistics, echoed these sentiments, stating that the strengthening of their capabilities through Cobalt's international expertise would pave the way for innovative solutions that could elevate customer satisfaction and service efficiency in the market. She pointed out that the acquisition not only expands their service offerings but also enhances value through combined operational strengths.

A Vision for the Future

The acquisition marks Alba's fifth strategic maneuver since partnering with Southfield Capital. As Heb James, Partner at Southfield, aptly put it, this merger is a leap toward reinforcing Alba's logistics capabilities in the food and beverage sector while introducing new over-the-road services that cater specifically to the wine and spirits industry. This move is anticipated to propel their growth trajectory significantly in the coming years.

About Alba Wheels Up

Alba Wheels Up is recognized for its comprehensive logistics solutions, which encompass customs brokerage, trade intelligence, and advanced supply chain management services tailored for mid-sized and enterprise-level companies across various sectors. Their office locations span several states including NY, CA, FL, MD, NJ, PA, TX, and VA, facilitating a robust operational network.

About Southfield Capital

Southfield Capital specializes in investing in high-growth lower middle market companies, particularly in the outsourced business services field. Their approach focuses on ramping up company capabilities through both organic growth and strategic acquisitions.

Conclusion

With the integration of North Coast Logistics, Alba Wheels Up is well-poised to lead in the wine and spirits logistics space. This strategic acquisition is not just a stepping stone but rather a whole new chapter in enhancing logistics efficiencies and widening service offerings critical within the competitive landscape of wine logistics. As the market evolves, these capabilities will undoubtedly become a vital advantage for Alba's stakeholders and clientele alike.