Rotunda Capital Acquires Amware Logistics Services
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Rotunda Capital Acquires Amware Logistics Services

amware nf1Rotunda Capital Partners has acquired a majority stake in Amware Logistics Services, a provider of third-party warehousing and fulfillment services.  Mark Wilhelm and Jim Smith, Amware’s co-owners, will retain a meaningful ownership stake in the company and serve on the board of directors to provide strategic direction to the company.

whisner nf1“Amware has built a unique and successful third-party operations platform that provides premium value-added services for business to consumer and business to business warehousing and fulfillment customers,” said Corey Whisner, a partner at Rotunda. “We look forward to working with the management team to support the continued evolution of the company by increasing its growth through organic platform expansion and strategic acquisitions.”

Amware Logistics Services is a provider of third-party warehousing and fulfillment services to the following sectors: automotive aftermarket, hazardous & non hazardous chemicals, food grade products, industrial & construction materials, lumber, pulp & paper, and retail & consumer goods. Services include fulfillment, warehousing, transportation, and transloading.  Amware operates over 2 million square feet of warehouse space through nine facilities located across the United States and Canada. The company is headquartered in Eagle, CO (www.amwarelogistics.com).

Amware’s president, Vincent Gulisano, will become CEO of the company, and Rotunda Capital operating executive, John McAlpin, will become chief operating officer. Mr. McAlpin brings 30 years of experience in logistics management, having previously served as senior vice president of BNSF Logistics and vice president of operations of Newgistics.

Ray Greer, an experienced logistics executive, has agreed to join Amware’s board of directors. Mr. Greer is currently the President of BNSF Logistics and was formerly the CEO of Greatwide Logistics Services and Newgistics and serves on the board of Industrial REIT and DCT Industrial Trust Inc.

“Rotunda is an ideal partner for Amware, given the firm’s deep knowledge of logistics and distribution industries, its extensive operating executive network, and its successful history of growing businesses,” said Mr. Gulisano. “Rotunda Capital will enable Amware to continue executing our expansion plans by increasing our sales force, selectively adding new locations and investing growth capital in the existing network of locations.”

Fruehwirth nf1“We are thrilled to work with the management team to build on Amware’s deep relationships with existing clients and expand its fulfillment services for growing e-commerce and direct sales customers,” said John Fruehwirth, managing partner at Rotunda Capital.

Rotunda Capital invests in businesses with enterprise values of $5 million to $100 million. Sectors of interest include specialty finance, logistics and distribution, government and business services. Since founding in 2009, Rotunda Capital has completed seven platform investments and realized two exits. The firm has offices in Washington, DC and Chicago (www.rotundacapital.com).

2014 PEPD • Private Equity’s Leading News Magazine • 5-28-14

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