Wind Point Partners and portfolio company A&R Logistics (“A&R”), have announced that A&R has acquired First Choice Logistics (“First Choice”), a provider of bulk liquid transportation and logistics services to the chemical industry. The acquisition of First Choice marks A&R’s entry into liquid chemical supply chain services.
Wind Point Partners acquired A&R in May 2019 in partnership with CEO Mark Holden. This represents the third add-on for A&R under Wind Point’s ownership, following the additions of Blue Water Plastic Transport in June 2019 and Plantgistix in November 2019.
First Choice has a network of strategically located terminals, including principal locations in Chicago and Houston. It provides over-the-road bulk transportation, ISO intermodal services, and a full suite of logistics solutions to some of North America’s largest producers and converters of liquid chemicals. Founded in 1987 by Richard Jousma, First Choice has historically operated as an independent unit of Ozinga Bros. Inc., a Chicago-based provider of cement, energy and related solutions. The entire First Choice leadership team will join A&R at the time of the transaction.
A&R’s acquisition strategy will continue to focus on acquiring companies that provide dry and liquid bulk transportation, warehousing and logistics services to producers and distributors of chemicals and plastics.
Source: A&R
