Mason Wells Acquires RJW Logistics Group, Inc.
For more information, contact: Kevin Kenealey, Senior Managing Director, 414-727-6417 or Chris Markgraf, Director, 414-727-6407
WOODBRIDGE, IL (March 7, 2019) – Mason Wells announced today that it has closed on the acquisition of RJW Logistics Group, Inc. ("RJW" or the Company"), a leading supply chain solutions provider, with a specialized focus on LTL consolidation services designed for consumer packaged good suppliers to large, national retailers. The Company was acquired from the Williamson family and will be owned by Mason Wells, members of current management and other co-investors.
"We are proud of the business we have built and excited about the opportunity to partner with Mason Wells to continue the rapid growth of RJW," said Chief Executive Officer Kevin Williamson on behalf of the Williamson family ownership group. "Mason Wells will provide RJW with additional resources to achieve the Company's long-term growth initiatives and to continue to develop our industry-leading retail LTL consolidation services."
The employees and suppliers of RJW have played a key role in the Company's success and will continue to do so in the future. "Mason Wells is pleased to support Kevin Williamson and the rest of the existing management team in its growth strategy," said Kevin Kenealey, Senior Managing Director at Mason Wells. "RJW's management, employees and suppliers are all key factors that have allowed the Company to consistently exceed the expectations of its customers."
RJW has designed turn-key logistics, warehousing, and asset-based transportation model to provide best-in-class service for its customers. "RJW LTL consolidation services significantly enhance a retail supplier's transportation efficiencies and shipping accuracy," said Chris Markgraf, Director at Mason Wells. "We believe the Company provides an excellent platform for growth and is well positioned to capitalize on the growth in omnichannel retail."
About RJW Logistics Group
RJW Logistics Group, Inc. is a leading supply chain solutions provider, with a specialized focus on LTL consolidation services designed for consumer packaged goods supplier to large, national retailers. RJW's asset-based transportation, logistics, and warehousing provide an attractive value proposition for shippers requiring retail logistics expertise. For more information, please visit the Company's website at www.rjwgroup.com.
About Mason Wells
Mason Wells is a leading Midwest-based private equity firm with approximately $1.0 billion in assets under management across its current private equity funds. Mason Wells is currently investing out of Mason Wells Buyout Fund IV, a $615 million fund. Since Mason Wells was formed in 1998, its buyout funds have invested in four specific industry sectors: Consumer Packaged Goods, Outsourced Business Services, Engineered Products & Services, and Packaging Materials & Converting. For more information related to Mason Wells, please visit the firm’s website at www.masonwells.com.