Peoples Services, Inc. has acquired Style Crest Logistics, Inc., the Fremont, Ohio-based provider of comprehensive integrated warehousing, transportation, and other customized value-added services. EdgePoint served as the exclusive financial advisor to Style Crest Logistics. Terms of the transaction were not disclosed.
For more than 25 years, Style Crest Logistics has served a diverse group of customers ranging from some of the world’s leading consumer brands and mid-sized industrial and commercial manufacturers to regional distributors and local enterprises. The Company’s seven technologically-integrated storage and handling facilities offer timely access to rail lines, major highways, and international air freight and seaport services.
Peoples Services is a recognized provider of transportation and logistics services with over 5 million square feet of public and contract warehouse space specializing in a variety of commodities from chemicals to consumer goods. The Company operates warehouse locations in Ohio, North Carolina, South Carolina, Michigan, Virginia and West Virginia.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.