OneCompass Holdings Invests in Evolve Global Logistics for Growth

OneCompass Holdings Invests in Evolve Global Logistics

OneCompass Holdings is excited to announce its strategic investment in Evolve Global Logistics (EGL), a pioneering logistics company with a minority ownership structure. This partnership marks a significant move aimed at bolstering EGL's capabilities and expanding its footprint within the logistics sector. By collaborating with reputable organizations across various fields, EGL is poised for growth that emphasizes innovation and reliability in transportation solutions.

The Impact of the Investment

Through this investment, Evolve Global Logistics will gain access to advanced resources that will enhance its operational excellence and scaling capabilities. This collaboration aims to enable EGL to serve its expanding customer base with greater efficiency. OneCompass is dedicated to empowering Evolve in its quest to make a broader impact within the logistics industry and nurture its infrastructure.

Leadership Insights

Carlton Dean, the CEO and Co-Founder of EGL, expressed his enthusiasm regarding this alliance. He emphasized the significance of this partnership in aligning with their community-driven goals. Finding a collaborator like OneCompass, which operates across multiple industries and has expertise in asset-based trucking and warehouse operations, aligns perfectly with EGL's vision.

Dean remarked, "We are truly honored to be a part of the OneCompass family and believe they are an excellent fit for our goals in the logistics industry, especially in how we serve our community. We are extremely pleased with this partnership and look forward to enhancing our brand identity while maintaining consistency in our work."

Support for Logistics Growth

OneCompass Holdings has a strong foundation in supporting logistics companies, particularly through their original holding company, FST Logistics. As a recognized leader in the logistics sphere, OneCompass possesses the expertise necessary to propel companies like Evolve toward significant achievements. With EGL already establishing itself as a strong contender in managed transportation services, the potential for growth in this partnership is immense.

Voices from OneCompass Holdings

Matt Hartman, the Chairman and CEO of OneCompass Holdings, shared his thoughts on the investment. He stated, "We are honored to work closely with Carlton Dean, CEO, and Co-founder of EGL, to continuously invest in the growth of the business. The EGL team has a proven track record of delivering excellence to their customers, employees, and partners, which are key values embraced by OneCompass in all our holdings. We look forward to exploring potential synergies with our foundational holdings under FST Logistics."

Building Community Relationships

The partnership between OneCompass Holdings and Evolve Global Logistics signals a pivotal moment for both organizations. This collaboration reinforces OneCompass's commitment to fostering diversity within its portfolio, specifically by supporting minority-owned businesses. By working together, they aim to create a positive impact not only within their organizations but also within the communities they serve.

About OneCompass Holdings

OneCompass Holdings is an employee-owned acquisition company dedicated to guiding other businesses on their path to excellence. They offer comprehensive support in essential areas like finance, technology, and human resources to help companies navigate the complexities of strategic growth.

About Evolve Global Logistics

Evolve Global Logistics is a minority-owned company committed to delivering tailored logistics solutions within the transportation industry. Their focus on managed transportation services emphasizes efficiency and reliability while promoting diversity and inclusion throughout their operations.

Frequently Asked Questions

What was the purpose of OneCompass Holdings' investment in EGL?

The investment aims to strengthen Evolve Global Logistics' operational capabilities and expand its customer base, enhancing the company's impact in the logistics sector.

Who are the key figures involved in this partnership?

Key figures include Carlton Dean, CEO and Co-Founder of EGL, and Matt Hartman, Chairman and CEO of OneCompass Holdings.

How does OneCompass Holdings support logistics companies?

OneCompass Holdings provides strategic guidance and shared services across finance, technology, and human resources to facilitate growth for logistics companies.

What values do OneCompass and EGL share?

Both companies emphasize innovation, efficiency, community service, and a commitment to diversity and inclusion within their operations.

What is the significance of this partnership for minority-owned businesses?

This collaboration highlights the commitment to supporting minority-owned businesses and fostering diversity within the logistics industry, promoting sustainable growth and equity.

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