Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.
Command Alkon Announces Definitive Acquisition Agreement With Thoma Bravo
Transaction Expected to Accelerate Growth and Expand Heavy Construction Supply Chain Platform
Birmingham, AL – March 31, 2020 – Command Alkon, the leading supplier collaboration platform for construction’s heavy work, and Thoma Bravo, a leading private equity firm focused on the software and technology-enabled services sectors, announced a definitive agreement for the acquisition of Command Alkon by Thoma Bravo from its current owner, Quilvest Capital Partners. The transaction is subject to customary closing conditions and regulatory approvals. Terms of the transaction were not disclosed.
Once completed, the acquisition by Thoma Bravo is expected to speed the execution of Command Alkon’s strategy to integrate inter-company supply chain operations in heavy construction via CONNEX, the company’s many-to-many technology platform. By focusing resources and investing in next-generation, vertical-cloud capabilities, customers will benefit from real-time collaboration tools that replace manual and paper-based processes, maximize efficiency and productivity, improve real-time decision making, and ensure certainty of project outcomes.
"This agreement is a testament to Command Alkon’s sustained growth, leading market position, and the opportunities opened by our purpose-built platform for heavy construction,” said Larry Neubauer, a Senior Partner at Quilvest and Chairman of the Board at Command Alkon. “Both the Board and Quilvest are excited to announce Thoma Bravo’s stewardship of the company. Their investment track record in B2B enterprise software should only accelerate the integration of the heavy construction supply chain and deliver more value to customers faster.”
"We’ve had the benefit of knowing and watching Command Alkon and Phil Ramsey for over a decade now,” said A.J. Rohde, a Partner at Thoma Bravo. "We believe in the company’s vision of an integrated supply chain across the heavy construction market, and we can bring our world class operating principles to help realize their vision faster for the benefit of all constituents.”
"After an extensive evaluation of strategic alternatives, we are confident this agreement represents the most favorable outcome for our amazing industry, customers and employees,” said Phil Ramsey, CEO at Command Alkon. “Thoma Bravo adds strategic and operational expertise to our business, with a keen focus on executing on our long-term strategy. We look forward to working closely with all parties to complete this transaction."
George Jaber, a Vice President at Thoma Bravo added, "Command Alkon has built the industry-leading set of applications for heavy building material producers, suppliers, and contractors. Command Alkon's customers are increasingly looking for ways to modernize and go digital, and with our partnership we expect to continue to invest in new products to help customers do so."
Quilvest, the company’s previous financial investor, has been a partner to Command Alkon and has been dedicated to the company’s growth since 2005. During Quilvest’s ownership, Command Alkon became the market leader for heavy material production, fulfillment and logistics technology solutions in construction. “I’m so thankful for our 15-year relationship with Quilvest,” added Ramsey. “Their confidence and support have positioned us exceptionally well as we embark on the next chapter of Command Alkon’s growth and industry leadership story.”
Kirkland & Ellis is serving as legal advisor to Thoma Bravo. William Blair is serving as financial advisor to Command Alkon, and Dechert LLP is serving as legal advisor to Command Alkon and Quilvest.
ABOUT THOMA BRAVO
Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. With a series of funds representing more than $35 billion in capital commitments, Thoma Bravo partners with a Company's management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. The firm has offices in San Francisco and Chicago. For more information, visit thomabravo.com.
ABOUT QUILVEST
Quilvest Capital Partners is the private equity arm of the Quilvest Group, a leading, global, independent wealth manager and private equity investor, with a presence in Europe, the Americas, Asia and the Middle East. Since 1972, Quilvest Capital Partners invests and accompanies private small and medium sized companies in their strategic development over the long term. Over the last 40 years, Quilvest has invested in more than 300 companies. With a team of nearly 60 professionals investing both directly and in funds and a global footprint (in Paris, London, Luxembourg, New York, Dubai, and Hong Kong), Quilvest Capital Partners manages approximately $6 billion of assets. Quilvest Capital Partners offers investment opportunities to its private and institutional investors on a large range of private equity and private real estate funds, direct investments and through strategic partnerships, with a total alignment of interests. More information about Quilvest can be found at quilvestcapitalpartners.com.
ABOUT COMMAND ALKON
As the Leading Supplier Collaboration Platform for Heavy Work, Command Alkon solutions deliver supply chain integration and frictionless digital collaboration across the heavy construction ecosystem. CONNEX, a many-to-many technology platform purpose built for the industry which enables business partners to automate inter-enterprise operations, capture real-time visibility into heavy material orders and deliveries, leverage leading-edge software experiences to achieve mutually beneficial goals, and share knowledge to manage by exception and promote certainty of outcomes. Command Alkon is headquartered in Birmingham, Alabama and has offices in locations around the g
FOR IMMEDIATE RELEASE
Contact: Sherri Bosslet
Title: Director of Customer Relations
Phone: 937.415.1715
Email: sbosslet@daytonfreight.com
Date: September 5, 2024
Web: daytonfreight.com
ULINE AWARDED DAYTON FREIGHT FOR EXCEPTIONAL PERFORMANCE
DAYTON, Ohio – Dayton Freight Lines, Inc., a leading provider of regional less-than-truckload (LTL) transportation services, was presented the 2023 Exceptional Performance Award and the Minnesota LTL Carrier of the Year award from Uline.
The 2023 Exceptional Performance Award and the Minnesota LTL Carrier of the Year award were presented to Dayton Freight’s Milwaukee and Hudson Service Centers, respectively. Both awards were given based on the following criteria: exemplary customer service, technological innovation and lastly, partnership and dedication.
Uline, a family-owned business, is the leading distributor of shipping, industrial and packaging materials to businesses throughout North America.
Dayton Freight’s Director of Customer Relations, Sherri Bosslet quoted, “We are incredibly proud of our Service Centers in Milwaukee and Hudson WI for receiving these awards. These accolades from Uline truly demonstrate the dedication and diligence of our Dayton Freight team. We look forward to a lasting partnership for years to come.”
Founded in 1981, Dayton Freight is a private, union-free, less-than truckload (LTL) freight carrier headquartered in Dayton, Ohio. Currently ranked as the country’s 12th largest LTL company, Dayton Freight has 70 Service Centers in 14 Midwest states, served by 6,000+ employees. Offering 1 or 2 day service to thousands of cities, Dayton Freight is known for its prudent growth, operational excellence, advanced technology and an unparalleled company culture known as The Dayton Difference.
Photo Caption: Jeremy Cutchens (Dayton Freight), Shelly Hofmeister (Dayton Freight), Ed VanGrouw (Dayton Freight), Eric Dreissig (Uline), LJ Groen (Uline)
Nulogy, a leading provider of supply chain collaboration solutions, is hosting a session during the Association of Supply Chain Management's ASCM Connect 2024. Nulogy, Kinaxis and Colgate-Palmolive executives will present “Orchestrating Digital Transformation: Nulogy & Kinaxis Empower Colgate-Palmolive’s External Network” on Monday, 9/9/2024, 3:45 - 4:45 p.m. CT in Ballroom E, Level 4.
In an era when digital transformation is paramount for sustainable growth, Colgate-Palmolive stands out as a leader in the consumer packaged goods space. With a strong digital transformation vision and strategic partners that tout the technical capabilities and expertise to bring it to life, Colgate and its extended supply network has been able to reap the benefits of digitally-infused agility, resilience and efficiency to outcompete in today’s marketplace.
The session will cover Colgate-Palmolive’s vision for transforming its supply chain planning and execution, highlighting the imperative to enhance supply chain synchronization and collaboration.
Nulogy and Kinaxis join Colgate-Palmolive in this talk to discuss how their best-of-breed solutions in advanced planning and scheduling and supplier collaboration have played pivotal roles in interconnecting Colgate’s network.
Speakers include:
Moderator: Christine Barnhart, CPIM Chief Marketing and Industry Officer, Nuology
Panelist: Kevin Wong Chief Operating Officer, Nulogy
Panelist: Polly Mitchell-Guthrie Supply Chain Thought Leader, Kinaxis
Panelist: German Vizcaya Leon VP Global Planning, Colgate-Palmolive
Check out the complete Colgate-Palmolive case study by visiting https://bit.ly/3z6xwPK.
Covington, KY — In a significant step toward redefining supply chain efficiency and boosting the local economy, Lakeshore Learning hired Zion Solutions Group, a trailblazer in advanced supply chain integration, to help implement a cutting-edge 1.2 million square foot distribution center in Garland, Utah. This collaboration is set to create over 500 jobs, showcasing an unparalleled commitment to innovation and community development.
“Our relationship with Lakeshore Learning, beginning in 2015, has been a testament to what visionary collaboration can achieve," stated Jim Shaw, President of Zion Solutions Group. “This is not just a collaboration; it’s a leap toward the future of supply chain management. By combining Lakeshore Learning’s vision with our technological expertise, we are set to introduce a distribution hub that exemplifies efficiency, sustainability, and economic growth for Garland."
Artin Ghazarian, Chief Supply Chain Officer at Lakeshore Learning, highlighted the project's ambition: "Our journey with Zion Solutions Group has been marked by a shared drive for excellence. This distribution center goes beyond expanding our logistical capabilities—it's a testament to our dedication to setting new industry standards for efficiency and environmental stewardship in supply chain management."
Jordan Frank, EVP & Co-Founder of Zion Solutions Group, emphasized the collaborative synergy: Our relationship with Lakeshore Learning is more than a partnership; it's a melding of minds aimed at redefining the future of our industry. We're not just optimizing logistics; we're crafting a model of innovation that leverages technology for smarter, more sustainable operations. Our goal is to inspire the sector by demonstrating how collaboration and technology together can create impactful solutions.”
The facility will harness the latest in automation and robotics to optimize both efficiency and scalability. Zion Solutions Group will play a crucial role in this evolution, meticulously shaping the project from its conceptual stages to its final form. This includes value-added engineering to support Lakeshore Learning’s specific needs, overseeing the procurement and engineering processes to ensure precision, and integrating advanced software solutions—including Zion Apex (WES)—for peak functionality. Beyond the project’s completion, Zion’s Customer Experience team will continue to support the operations team and provide optimization opportunities, ensuring the facility operates smoothly and evolves with technological advancements.
With an operational goal set for 2025, Lakeshore Learning’s Garland distribution center represents a major milestone in job creation and economic growth for the region. This initiative aligns with Zion's mission to drive sustainable innovation and cement its leadership in the market.
For more information about Zion Solutions Group and its groundbreaking projects, please visit https://thezsg.com/.
# # #
About Zion Solutions Group
Zion Solutions Group, a leader in Supply Chain Integration, uses its 90+ years of knowledge to deliver memorable experiences and guide intelligent change. Specializing in material handling integration, Zion provides comprehensive services that include detailed data analytics, solution design, procurement, implementation, and post-implementation support. Our customer-centric approach and Project Lifecycle process ensure tailor-made solutions using cutting-edge technology, setting us apart in the industry. Zion, in support of its core purpose, “To Leave a Positive Impact on the Lives of Those We Touch,” is committed to driving success and sustainable growth for our partners and customers.
About Lakeshore—Products Designed with Learning in Mind®
Lakeshore Learning Materials is a leading developer and retailer of top-quality materials for early childhood education programs, elementary schools, and homes nationwide. Since 1954, Lakeshore Learning Materials has offered innovative learning materials distinguished by their quality, educational merit, and safety. To learn more, visit LakeshoreLearning.com.
Panel Built, Inc., a leading provider of modular offices, mezzanines, and custom-engineered structures, has announced plans to expand its primary facility, PB1. The expansion will include additional office and fabrication space, allowing the company to better accommodate its rapidly growing workforce and increasing demand for its innovative space solutions.
As Panel Built continues to experience significant growth in both personnel and market reach, this expansion marks a critical step in the company’s strategic development. The additional space will enable the company to enhance its operational efficiency and continue delivering high-quality products and services to its diverse client base. The expanded facility will also provide a more collaborative work environment for the Panel Built team, fostering innovation and reinforcing the company’s commitment to excellence.
"Panel Built has built a reputation for delivering modular solutions that meet the unique requirements of various industries, including commercial, military, government, and industrial sectors. The company's expertise in engineering, design, and installation has made it a trusted partner for organizations seeking efficient and customizable space solutions.
The Blairsville facility expansion is expected to be completed by early 2025. Panel Built is committed to maintaining uninterrupted service to its clients throughout the construction process, ensuring that all projects remain on schedule and meet the company’s high standards of quality."
- Mike Kiernan CEO
About Panel Built, Inc.
Founded with the mission "To Solve Our Customers' Space Needs With Excellence And Great Customer Service," Panel Built, Inc. specializes in modular construction, offering a range of solutions from modular offices and mezzanines to guardhouses and cleanrooms. With extensive experience in both public and private sectors, Panel Built is dedicated to delivering space solutions that meet the highest standards of quality, safety, and customer satisfaction.
Wolter Inc. Expands into Atlanta, GA with Acquisition of Dedicated Material Handling Solutions
Brookfield, WI - Sept 4th, 2024 - Wolter Inc., a leading provider of material handling solutions across seven states in the Midwest, has strategically expanded its footprint by acquiring Dedicated Material Handling Solutions (DMHS). With two established locations in Buford and Atlanta, GA, DMHS has a strong presence in the Atlanta metro market, positioning Wolter Inc. for significant growth in the Southeastern United States.
This acquisition enables Wolter Inc. to bring its industry-leading services and extensive product offerings to the thriving industrial and logistics hub of the Atlanta Metro area. It aligns with Wolter Inc.’s vision of becoming a national leader in material handling while maintaining a strong emphasis on local service excellence.
Key Benefits:
• Expanded Product Line: DMHS customers will now have access to Wolter Inc.’s comprehensive range of material handling solutions, including forklifts, automation & robotic technologies, and more.
• Enhanced Service: Wolter Inc.’s renowned technician training program and robust tech support system will extend to the Southeast, providing Atlanta businesses with top-tier service and support.
• Local Expertise, National Strength: The combination of DMHS’s deep local market knowledge and Wolter Inc.’s national resources ensures that customers in the region receive unparalleled support.
Jerry Weidmann, CEO of Wolter Inc., remarked, “Acquiring Dedicated Material Handling Solutions is a natural extension of our growth strategy and a significant expansion into the Southeastern U.S. The Atlanta Metro area is a dynamic market, and we're excited to deliver our comprehensive solutions here. Together with the DMHS team, we are committed to driving success for our customers and reinforcing our commitment to exceptional material handling solutions nationwide.”
About Wolter Inc.
Wolter Inc. offers a wide range of material handling products and services, including forklifts, cranes, industrial storage, automation, dock equipment, and more. Wolter Inc. is dedicated to improving operational efficiency and productivity.
About DMHS: Dedicated Material Handling Solutions offers sales, service, rentals, and parts for all makes and models of forklift equipment. Including, tailored maintenance programs