Custom Goods, a portfolio company of Soundcore Capital Partners, has been sold to Angeles Equity Partners
Custom Goods
Custom Goods provides end-to-end logistics solutions and is one of the fastest growing third-party logistics providers in the U.S. The platform is a single source provider of highly customized warehousing and value-added fulfillment, transportation solutions and centralized examination stations serving the United States Customs and Border Protection Agency. Custom Goods has a strategic national footprint with a presence at key U.S. ports and logistics hubs, including 25 facilities spanning more than 6.5 million square feet with deep, long-tenured relationships with Fortune 500 customers.
The Deal
In partnership with Soundcore Capital Partners, Custom Goods established itself as a market-leading, asset-smart logistics platform through multiple organic growth initiatives and a highly strategic acquisition of Quik Pick Express in November 2021. Angeles Equity Partners has acquired a majority stake in Custom Goods and will support management’s plan to aggressively pursue organic and inorganic growth initiatives to increase its market share and further broaden its national footprint.
Our Perspective
Gaurang Shastri, Managing Director in Lincoln’s Business Services Group who leads the firm’s logistics and transportation sector efforts, commented, “Custom Goods has emerged as a go-to provider of integrated transportation and warehousing solutions. The company’s ability to grow through challenging market conditions underscores the strength of its business model, which is focused on long-term contracted work with customers in highly resilient end markets. We expect Custom Goods’ growth trajectory to accelerate as customers continue to seek providers with the ability to manage freight from port to final destination.”
Meet our Senior Team
As a trusted advisor, my role is to listen, create options and pursue the path that best achieves a client’s total objectives.
Saurin Mehta
Managing Director & Co-head of Business Services
Chicago
View More Transactions in Business Services
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.