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VANCOUVER, BC AND CHICAGO, IL —Radius Logistics Inc. (www.radiuslogistics.com), a Vancouver, BC-based logistics solutions provider, announced its acquisition by Red Arts Capital, a supply chain focused private equity firm based in Chicago, IL.
Roger Harrison, Radius Logistics’ Founder & CEO commented, “This is an exciting moment for our company and an investment partnership that we believe will propel Radius Logistics’ future success. In Red Arts Capital, we have found the right industry experts and investment partners with both broad logistics and transportation experience and a clear desire to invest resources in our future growth.”
“We are thrilled to partner with Radius Logistics as the company continues to expand into new opportunities and embark on its next phase of growth,” said Chad Strader, Co-Founder and Managing Partner at Red Arts Capital.
“The Radius team has built an extraordinary business and is led by a best-in-class management team. We believe that Radius Logistics is ideally positioned to ensure superior service for existing customers and pursue geographic and service expansion activities,” Strader added.
Based in Vancouver, BC, Radius Logistics provides transportation, warehousing, and distribution services for clients through North America. Headquartered in Chicago, with offices in Los Angeles and New York, Red Arts Capital is a private equity firm focused on industrial, supply chain, and logistics businesses.