A & S Services Group, a logistics services provider and a portfolio company of Larsen MacColl Partners, announced today that it has acquired substantially all of the assets of Kinard Trucking. “We are growing aggressively in the Mid-Atlantic region, looking for additional acquisitions and recruiting to add to our professional driving staff,” said A&S President Ken Buck. Kinard will operate as a division of A&S Services Group.
Kinard Trucking is a provider of short-haul trucking and warehousing services. It serves customers across a number of industries, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and wood products. The company is based in York, PA (www.kinardtrucking.com).
A&S is a provider of trucking, warehousing and logistics services to shippers in the Mid-Atlantic region. A&S provides expedited delivery of products for manufacturers and distributors throughout the Northeast and Mid-Atlantic United States. The company utilizes its facilities in Maryland and Pennsylvania to provide warehousing and fulfillment services such as bulk storage, materials handling and other logistics. In 2009, A&S entered into a financial and strategic alliance with Larsen MacColl Partners. A&S is based in New Freedom, PA (www.aandsservicesgroup.com).
“We are excited to add Kinard to our leading short-haul trucking, warehousing and logistics business serving the extended Mid-Atlantic region. A&S and Kinard are a natural fit, with similar values and cultures. Our focus on high-quality, best-in-class customer service will be boosted by enlarging our addressable market and enhancing our presence and strength,” said Mr. Buck.
Larsen MacColl invests in companies with $5 million to $40 million in revenue. Sectors of interest include transportation and logistics, specialty manufacturing and distribution, consumer products and business services. Larsen MacColl is investing out of its second committed fund. The firm is headquartered in Radnor, PA (www.larsenmaccoll.com).
