Since acquiring A&R Logistics, now renamed Quantix, in 2019, Wind Point has invested to expand its operations, with two deals announced in April
Houston-based Quantix has made 11 acquisitions since it was formed following investment by specialist transport and logistics fund Wind Point Partners. Perhaps the most significant of these was announced at the start of April, when it acquired CLX Logistics, which has more than 25 years’ experience in liquid bulk 3PL services and related activities in North America and Europe. The addition of CLX bolsters Quantix’s existing supply chain service offerings for the chemical industry. Together, the two companies create a platform with more than $2bn in logistics spend and will be one of the largest providers of global chemical logistics services.
“This deal is a significant step for Quantix as a leader in the chemical 3PL market and will bring meaningful value to our customers as we integrate a wide-ranging set of offerings, technology and analytics products into our portfolio,” says Chris Ball, president/CEO of Quantix. “We’re proud to have the CLX team as part of the Quantix family of companies, and congratulate founder J Stephen Hamilton on the exceptional business he has built.”
“The CLX team has created a comprehensive suite of solutions that accent our existing offerings to our valued customers,” adds Konrad Salaber, managing director of Wind Point Partners, owner of Quantix. “Expanding our 3PL offering by adding liquid capabilities was an important pillar of our value creation plan, and by partnering with CLX we have become one of the largest chemical 3PL companies in our network. We look forward to continuing to deliver a full suite of services to our customers.”
MAKE MORE SPACE
A week after announcing the CLX deal, Quantix took another step in its growth strategy by acquiring Space City Services, which specialises in the transport of hazardous and non-hazardous chemicals and wastes in the US Gulf Coast region. “This acquisition is important for Quantix as we continue to lead the chemical industry in being a comprehensive provider of supply chain solutions for every need,” says Ball. “Space City builds nicely on our portfolio and further expands the ways in which we can provide the best service to customers.”
“We’re thrilled to continue providing our services to our current customers while bringing even more value through Quantix’s powerful suite of transportation, export, packaging and warehousing services,” adds Space City founder Rob Thomas. “Our customers are at the heart of everything we do, and pursuing this next chapter with Quantix means all of our customers benefit from our shared commitment to provide high-quality services and solutions.”
Quantix is now organised in six divisions: 3PL Solutions, where it claims to be the largest chemical-focused 3PL and freight broker in North America; transport services for liquid and dry bulk, packaged goods and intermodal containers; in-plant logistics and resin enhancement services; distribution and warehousing; export/import services in Houston, Charleston and Savannah; and eco-recovery of solid wastes, including transport and disposal.
These two deals will not be the last; Quantix says its acquisition strategy will continue to focus on acquiring companies that provide dry and liquid bulk transportation, warehousing, export and logistics services to producers and distributors of chemicals nationwide.
