Quantix Acquires CLX Logistics: Acquisition Creates the Largest Chemical Market Focused 3PL Globally

 

CLX Aquisition

Chicago, Ill., April 2, 2024Quantix SCS (“Quantix”), a portfolio company of Wind Point Partners (“Wind Point”) and North America’s leading supply chain services company to the chemical industry, announced today it has acquired CLX Logistics (“CLX” or the “Company”). CLX has a 25+ year history of providing transportation management systems, managed services, supply chain consulting, brokerage, liquid bulk 3PL, intermodal, rail, international services and industry-leading technology and analytics products to customers across North America and Europe. CLX handles $500 million worth of freight each year.

Headquartered in The Woodlands, Texas, Quantix has an extensive supply chain services offering for the chemical industry. The addition of CLX bolsters this offering, adding a robust technology suite and managed supply chain solutions to support customers around the world across all modes. Quantix and CLX collectively form a platform with more than $2 billion in logistics spend and have approximately 5,400 owned assets, over 40 distribution centers and rail terminals, and 3,300 partner carrier relationships. The acquisition will grow Quantix’s presence in North American and European markets, making the combined company one of the world’s largest providers in the nearly $100 billion global chemical supply chain logistics market.

“This deal is a significant step for Quantix as a leader in the chemical 3PL market and will bring meaningful value to our customers as we integrate a wide-ranging set of offerings, technology and analytics products into our portfolio,” said Chris Ball, President and CEO of Quantix. “We’re proud to have the CLX team as part of the Quantix family of companies, and congratulate founder J. Stephen Hamilton on the exceptional business he has built.”

“You’d be hard-pressed to find a company that better understands the logistics needs of the chemical industry than Quantix,” said J. Stephen Hamilton, Founder and Chairman of the Board at CLX Logistics.  “We look forward to helping them build even further on what, and how, they deliver for customers through our global presence, advanced chemical logistics expertise and commitment to customer success.”

“The CLX team has created a comprehensive suite of solutions that accent our existing offerings to our valued customers,” said Konrad Salaber, Managing Director at Wind Point. “Expanding our 3PL offering by adding liquid capabilities was an important pillar of our value creation plan, and by partnering with CLX we have become one of the largest chemical 3PL companies in our network. We look forward to continuing to deliver a full suite of services to our customers.”

Wind Point acquired Quantix (formerly known as A&R Logistics) in 2019 in partnership with board Co-Chair Mark Holden, a veteran logistics executive who served as CEO of Quantix from 2012 until his planned retirement in 2021. Chris Ball, a member of the Quantix leadership team since 2016, with more than 25 years of experience in the supply chain and logistics industry, was promoted from President to President and CEO in 2021.

CLX represents the tenth acquisition for Quantix under Wind Point’s ownership. Quantix’s acquisition strategy will continue to focus on acquiring companies that provide dry and chemical bulk transportation, warehousing, export and logistics services to producers and distributors of chemicals nationwide.

Wind Point is an active investor in transportation, logistics and route-based businesses, with select prior investments including Dicom Transportation, STG Logistics, American Trailer Rental Group, Valicor Environmental Services, Smart Care, FreshEdge and D&H United.

Kirkland and Ellis LLP served as legal counsel and KPMG provided transaction advisory services to Quantix.

About Quantix

Quantix is the leading supply chain services company to the chemical industry. It provides the world’s largest chemical providers with end-to-end support through a nationwide network and comprehensive suite of services including transportation, 3PL solutions, distribution centers, export/import, and Eco-Recovery. Headquartered in The Woodlands, TX with 80+ locations across the U.S., Quantix is committed to providing the highest level of safety, quality, compliance and integrity across its entire operation. Learn more at www.quantixscs.com.

About CLX Logistics

CLX Logistics, LLC, the world leader in chemical supply chain solutions, is a leading provider of comprehensive chemical logistics management, technology, and supply chain consulting services. With offices in North America and Europe, CLX Logistics leverages a broad range of industry expertise, best-of-breed technology, and a personalized, high-touch approach to deliver measurable, sustainable value. For more information, visit www.CLXLogistics.com.

About Wind Point Partners

Wind Point Partners is a Chicago-based private equity investment firm with approximately $7 billion in assets under management. The firm focuses on partnering with top caliber management teams to acquire well-positioned middle market businesses where it can establish a clear path to value creation. Founded in 1984, Wind Point is one of the oldest private equity firms in Chicago and an early adopter in developing a partnership model to align with top operating talent in private equity investments. Today, the firm’s Executive Advisor Partner (“EAP”) program is comprised of more than 40 high-caliber executives who are closely aligned with Wind Point and contribute across all aspects of the firm’s investment process.

Wind Point targets investments in the business services, consumer products and industrial products industries. Since inception, Wind Point has deployed ten private equity buyout funds in partnership with leading institutional investors around the world, including public pensions, insurance companies, endowments, foundations, fund of funds and family offices.

Additional information about Wind Point is available at www.windpointpartners.com.

CLX Logistics Announces the Opening of New Office in Houston, Expanding Presence in the Chemical Industry

Philadelphia, PA, 07/25/2023 – CLX Logistics, LLC (CLX), a global provider of chemical transportation management solutions, supply chain consulting, and intermodal transportation, is excited to announce the opening of a new office in Houston, Texas. This strategic expansion aims to tap into Houston’s significant presence in the chemical industry and robust transportation networks, providing an ideal hub for strategic growth in the chemical industry.

Houston, known as the “Energy Capital of The World,” offers tremendous market potential and growth opportunities in the chemical shipping space. The region’s vast petrochemical complexes, sizeable industrial portal via the Houston Ship Channel, and numerous refineries and distribution centers promise a thriving environment for CLX’s innovative services. From the new Houston office, CLX provides various chemical logistics solutions, including international, air, ocean, intermodal, and rail, supported by an in-house brokerage team.

David Vieira, CEO of CLX, sees the Houston expansion as an excellent opportunity to augment their market presence and offerings. “We’re eager to tap into the top logistics talent available in Houston,” said Mr. Vieira. “Our goal is to further solidify our existing industry relationships and stimulate growth by bringing more high-quality individuals into the CLX Logistics team.”

The strategic location of the Houston office facilitates deeper engagement with the local chemical community, including alliances with organizations like the Houston Chemical Association and the Houston Transportation Organization. The heightened demand for chemical products and transportation services in the region aligns perfectly with CLX’s unique offerings, setting the stage for developing long-lasting relationships and growing existing partnerships.

In the face of numerous challenges across the US, Houston continues to experience economic growth, which CLX is eager to contribute to. “Houston’s thriving economy, driven by the energy sector, provides a solid foundation for our new office,” said Matt Caine, VP of Sales and head of the Huston office. “This new expansion contributes to a stable environment conducive to the success of both the petrochemical industry and CLX Logistics.”

The new Houston office signifies a significant landmark in CLX’s growth trajectory and commenced operations on June 19th, 2023.

About CLX Logistics

CLX Logistics, LLC, the world leader in chemical supply chain solutions, is a leading provider of comprehensive chemical logistics management, technology, and supply chain consulting services. With offices in North America and Europe, CLX Logistics leverages a broad range of industry expertise, best-of-breed technology, and a personalized, high-touch approach to deliver measurable, sustainable value. For more information, visit www.CLXLogistics.com.

CLX Logistics Named a Top 100 3PL Provider for the Eighth Year by Inbound Logistics

Blue Bell, PA, August 09, 2022 – CLX Logistics, LLC (CLX), a global 3PL and 4PL provider of chemical transportation management solutions, supply chain consulting, and intermodal transportation, announced that it has been named a Top 100 Third-Party Logistics Provider for 2022 by Inbound Logistics (IL). This marks the eighth year CLX has been recognized with this award.

The Top 100 3PL Providers list is a qualitative assessment of the best-equipped service providers to meet and surpass the industry’s evolving outsourcing needs. Each year, IL editors select the top providers through careful evaluations, personal interviews, and online research and compare that data to today’s global supply chain and logistics challenges. The Top 100 3PL Providers list includes well-known companies, new organizations, and specialized/niche logistics providers. With more than twenty years in the industry, CLX continues to create sustainable economic value for clients through innovative technology and analytics that improve supply chain performance.

One of the first services of its kind in the chemical industry, Transportation Managed Analytics from CLX, combines transportation data from multiple sources into a central data warehouse. Then, a set of analytical tools and algorithms transform the disparate data into trends and actionable insights. This service, plus CLX’s sophisticated bid, benchmarking, and freight procurement solutions, give chemical manufacturers, supply chain executives, and shippers smart ways to stay competitive.

“We’re honored to once again be included in Inbound Logistics’ Top 100 3PL list,” said David Vieira, CEO at CLX Logistics. “This recognition means a great deal to CLX and our industry, where companies actively seek performance reviews and endorsements before choosing a logistics provider. Being named to Inbound Logistics’ 2022 list is a testament to our dedication to excellence and commitment to our position as leaders in chemical transportation technology and services.”

The Top Provider list directly informs Inbound Logistics’ 3PL Decision Support Tool, a platform for users to enter their outsourced logistics requirements and find providers that best meet their needs. The Top 100 list typically appears in the August edition(s) of Inbound Logistics.

About CLX Logistics

CLX Logistics, LLC is a leading 4PL provider of comprehensive global chemical logistics management, technology, and supply chain consulting services. With offices in North America and Europe, CLX Logistics solves its customers’ most vital logistics challenges by leveraging a broad range of industry expertise, best-of-breed technology, and a personalized, high-touch approach to deliver measurable, sustainable value. For more information, visit www.CLXLogistics.com.

About Inbound Logistics

Inbound Logistics, the demand-driven logistics magazine, is the leading multi-channel content provider targeted toward business logistics and supply chain managers. Inbound Logistics’ mission is to help companies of all sizes better manage corporate resources by speeding and reducing inventory and supporting infrastructure, and better matching demand signals to supply lines. More information is available at www.inboundlogistics.com.

David Vieira Selected for the 2022-2023 Board of Advisors for the Center for Supply Chain Research® (CSCR®)

Philadelphia, PA, February 8, 2022 – The Pennsylvania State University Smeal College of Business announced their selection of David Vieira, CLX Logistics’ President and CEO to the 2022-2023 Center for Supply Chain Research Advisory Board. Additional representation includes returning members from Hershey, LMI, Walmart, SDI, and Merck. Mr. Vieira is one of three newly elected members, with others from NTT Data Services and IBM.

Penn State’s CSCR® is a dedicated leader in supply chain management research and education. The CSCR® Advisory Board enables the Center to remain at the forefront of the supply chain discipline by aligning Penn State Smeal supply chain research, programs, and offerings with current and future industry challenges and trends. Board members commit to a two-year appointment, act in a brand and sponsor development role for the University, Smeal College of Business, and CSCR®, remaining active in Center-sponsored programs and events. They provide input and guidance for the CSCR® strategic plan and forward-thinking initiatives, as well as approve our faculty research affiliates and fellowships.

David Vieira brings more than 25 years of executive logistics industry experience to his role as Chief Executive Officer of CLX Logistics. Prior to this role, Mr. Vieira served the Company as President and Chief Operating Officer from 2015 to the spring of 2018.

“I’m honored to be selected as a member of the Advisory Board,” said Mr. Vieira, “and look forward to working with Penn State CSCR® and my fellow board members to research and understand supply chain management at a more profound level and develop stronger coalitions within the industry.”

Before joining CLX Logistics, Mr. Vieira was President and Chief Executive Officer of MXD Group, Inc., where he was responsible for defining and shaping a $300 million home delivery logistics business following a divestiture of Exel Direct from Deutsche Post World Net. In this position, he also led the acquisition and integration of the company’s biggest competitor, Home Direct, Inc.

For more information about CLX Logistics, visit clxlogistics.com.

To learn more about the Penn State Smeal College of Business CSCR® program, visit https://www.smeal.psu.edu/cscr.

About CLX Logistics, LLC

CLX Logistics, LLC is a world-leading 4PL provider of comprehensive chemical logistics management, technology, and supply chain consulting services. With offices in North America and Europe, CLX Logistics solves its customers’ most vital logistics challenges by leveraging a broad range of industry expertise, best-of-breed technology, and a personalized, high-touch approach to deliver measurable sustainable value. For more information, visit clxlogistics.com.

About the Center for Supply Chain Research®

For over three decades, the Center for Supply Chain Research® (CSCR®) has built a community of researchers and leading organizations in both the private and public sectors. Our mission is to serve as a leader in supply chain education and research, making meaningful impacts through our distinguished center of excellence, bridging higher learning with industry, building the pillars of supply chain research, innovation, and world-class knowledge, and fostering a mutually beneficial relationship between students, alumni, partners and faculty.

Ranked No. 1 for the third time as a leader in supply chain education, the Penn State Smeal College of Business Supply Chain and Information Systems Department covers this boundary-spanning field of study through top-ranked degree programs, world-renowned faculty expertise and research, and corporate connections with top companies and supply chain practitioners.

Contact

Joliene Ford
Sagefrog Marketing Group on behalf of CLX Logistics
JolieneF@sagefrog.com

CLX June Market Newsletter

Welcome to a monthly edition of the CLX Market Newsletter.  This newsletter covers key items within the logistics and transportation space on a monthly basis.  As always, any critical information will flow through normal operational channels.

Included in this monthly update is a recap of key items impacting transportation today is a compilation of information from our team, carrier partners, customers, and industry sources. Download this newsletter of key items impacting transportation and logistics today including:

  • Hurricane season warnings
  • Regulatory and Governmental Updates
  • Closures and Travel Restrictions
  • Market Updates (including Bulk, LTL, Truckload Dry Van/Reefer/Flatbed, Export/Import/Ocean, Rail and Fuel)
  • Market Tender Position with a three-month recap

DOWNLOAD NEWSLETTER

CLX May Market Newsletter

Welcome to the monthly edition of the CLX Market Newsletter.  The scope of the newsletter will broaden from primarily a Covid-19 focus to covering key items within the logistics and transportation space on a monthly basis.  As always, any critical information will flow through normal operational channels.

Included in this monthly update is a recap of key items impacting transportation today.  It is a compilation of information from our team, carrier partners, customers, and industry sources. Download this newsletter of key items impacting transportation and logistics today including:

  • Regulatory and Governmental Updates
  • Closures and Travel Restrictions
  • Market Updates (including Bulk, LTL, Truckload Dry Van/Reefer/Flatbed, Export/Import/Ocean, Rail and Fuel)
  • Market Tender Position with a surge recap showing truckload charts from the past month in one summary page

DOWNLOAD NEWSLETTER

CLX April Market Newsletter

Welcome to a monthly edition of the CLX Market Newsletter.  The scope of the newsletter will broaden from primarily a Covid-19 focus to covering key items within the logistics and transportation space on a monthly basis.  As always, any critical information will flow through normal operational channels.

Included in this monthly update is a recap of key items impacting transportation today.  It is a compilation of information from our team, carrier partners, customers, and industry sources. Download this newsletter of key items impacting transportation and logistics today including:

  • Regulatory and Governmental Updates
  • Closures and Travel Restrictions
  • Market Updates (including Bulk, LTL, Truckload Dry Van/Reefer/Flatbed, Export/Import/Ocean, Rail and Fuel)
  • Market Tender Position with a surge recap showing truckload charts from the past month in one summary page

DOWNLOAD NEWSLETTER

CLX February Market Newsletter

Welcome to a monthly edition of the CLX Market Newsletter.  The scope of the newsletter will broaden from primarily a Covid-19 focus to covering key items within the logistics and transportation space on a monthly basis.  As always, any critical information will flow through normal operational channels.

Included in this monthly update is a recap of key items impacting transportation today.  It is a compilation of information from our team, carrier partners, customers, and industry sources. Download this newsletter of key items impacting transportation and logistics today including:

  • Regulatory and Governmental Updates
  • Closures and Travel Restrictions
  • Market Updates (including Bulk, LTL, Truckload Dry Van/Reefer/Flatbed, Export/Import/Ocean, Rail and Fuel)
  • Market Tender Position with a surge recap showing truckload charts from the past month in one summary page

Download Newsletter

CLX January Market Newsletter

Welcome to a monthly edition of the CLX Market Newsletter.  The scope of the newsletter will broaden from primarily a Covid-19 focus to covering key items within the logistics and transportation space on a monthly basis.  As always, any critical information will flow through normal operational channels.
Included in this monthly update is a recap of key items impacting transportation today.  It is a compilation of information from our team, carrier partners, customers, and industry sources. Download this newsletter of key items impacting transportation and logistics today including:

  • Regulatory and Governmental Updates
  • Closures and Travel Restrictions
  • Market Updates (including Bulk, LTL, Truckload Dry Van/Reefer/Flatbed, Export/Import/Ocean, Rail and Fuel)
  • Market Tender Position with a surge recap showing truckload charts from the past month in one summary page

Download Newsletter