May 17, 2021, Northlake, IL
HCI Equity Partners announced the sale of Go To Logistics (“Go To” or the “Company”) to Stellex Capital Management on May 4, 2021. Stellex Capital Management is a private equity firm that invests in middle-market companies in North America and Europe. Financial terms were not disclosed.
Headquartered outside of Chicago, Illinois, Go To Logistics is a transportation and logistics service provider focused on the freight consolidation and LTL (less-than-truckload) market. Go To provides services ranging from expedited and guaranteed service to warehoused consolidation, primarily from Chicago to the Northeast and West Coast, as well as the Southwest. The Company’s capacity-driven, point-to-point consolidation business model allows for exceptional service and expedited capabilities at a low cost. Go To has a diverse customer base with a heavy focus on the food and beverage sector.
“We are proud of the work we did with our partners Tom and Greg to build Go To into one of the leading transportation providers in its markets and channels. The HCI team is pleased with the outcome of our investment and think Stellex will be a great partner for the business going forward,” stated HCI Managing Partner Dan Dickinson.
G2 Capital Advisors served as the financial advisor and Jones Day served as legal counsel to Go To Logistics.