St. George Logistics buys Summit Northwest



St. George Logistics (“STG”), North America´s provider of specialty 3PL and transportation services critical to the global supply chain, has expanded its import/export presence into the Pacific Northwest and Canada through the acquisition of Summit Northwest Corp., the company said.

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.

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 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. STG is a key partner for third party logistics providers as well as leaders in the food and beverage, pharmaceuticals, consumer electronics, engineered products, home fashion, retail, and other verticals. STG operates US Customs Bonded, TSA certified, and International Free-Trade Zone facilities. For more information, visit www.stgusa.com.

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. For more information, visit http://www.summitnw.com.

Wind Point Partners is a Chicago-based private equity investment firm with just over USD 2 billion in assets under management. Wind Point focuses on partnering with top caliber management teams to acquire well-positioned middle market businesses where it can establish a clear path to value creation. The firm targets investments in the consumer products, industrial products, and business services sectors. Wind Point is currently investing out of Wind Point Partners VIII, a USD 985 million fund that was initiated in 2016. For more information, visit www.windpointpartners.com.