Long Point Capital Portfolio

St. George Logistics

www.stgusa.com

Business Description

St. George Logistics is an asset-light third party logistics provider of Container Freight Station (“CFS”) related services and value-added warehousing and distribution services. The Company operates 11 facilities strategically located in close proximity to the nation's largest ports and metropolitan areas including California, New Jersey, Texas, South Carolina, Georgia, New York, and Illinois.

Transaction Overview

Long Point Capital invested in St. George through a leveraged recapitalization structure, where the owner of the Company monetized the majority of the illiquid value contained in the business, while continuing to retain a significant ownership interest in St. George and working with Long Point to transition to a new management team.

Post-Transaction

St. George continued its strong growth through an emphasis on new customers, enhanced its reporting capabilities, instituted data-driven management controls, refined its strategy to optimize revenue across the organization rather than managing facility-by-facility, and opened a new distribution facility. St. George was successfully sold to a private equity firm in 2016.

Contact

Ira Starr: 212-593-1800 / istarr@lpcfund.com
Daniel Ron: 212-593-1800 / dron@lpcfund.com