RJW Logistics Group Secures Investment to Propel Growth
Strategic Investment to Enhance Retail Logistics
RJW Logistics Group (“RJW” or “the Company”), a leader in retail logistics solutions, has recently announced a significant strategic investment from Berkshire Partners. This investment aims to boost the capabilities of RJW, particularly in providing innovative logistics solutions for consumer packaged goods (CPG) brands.
Leveraging Investment for Growth
With the guidance of Berkshire Partners, RJW anticipates enhancing its performance and customer service offerings. The CEO of RJW, Kevin Williamson, expressed optimism about the partnership, emphasizing that Berkshire's alignment with RJW’s goals and culture will be vital for future innovations and geographic expansion.
Capabilities and Operations of RJW
RJW is well known for turning supply chain challenges into growth opportunities for its clients. Their unique network, coupled with extensive retailer knowledge and advanced technology, not only reduces costs but also improves visibility, which contributes to outstanding On-Time, In-Full (OTIF) performance. This commitment to excellence has enhanced in-stock rates and revenue for both CPG brands and their retail partners.
Facility and Workforce Strength
The Company boasts over 7.3 million square feet of warehouse space across major transportation hubs, employing around 1,900 personnel. This dedicated workforce collaborates with more than 850 CPG brands, facilitating deliveries to over 180 retailers nationwide.
Comments from Leadership
Blake Gottesman, a Managing Director at Berkshire Partners, lauded the RJW team, affirming their commitment to support the Company's ambitious growth plans. He noted the exceptional business built by Kevin Williamson and his team. This sentiment was echoed by Kevin Kenealey, Senior Managing Director at Mason Wells, who acknowledged their previous successful partnership with RJW.
Ongoing Commitment by Management
Williamson and other management members of RJW will maintain significant equity interest in the Company even as Berkshire Partners steps in as a strategic investor. This indicates a strong mutual commitment to RJW's fortuitous journey ahead.
The Value of Collaborations
The recent investment marks a pivotal moment for RJW Logistics Group, reinforcing its dedication to delivering best-in-class services. Harris Williams served as the exclusive financial advisor for RJW, while Jefferies acted in the same capacity for Berkshire Partners, ensuring that both firms entered this partnership on solid ground.
About RJW Logistics Group
RJW Logistics Group is dedicated to providing comprehensive supply chain solutions, particularly in retail consolidation for CPG suppliers. Their robust asset-based logistics services offer significant value to shippers in need of retail logistics expertise.
About Berkshire Partners
Berkshire Partners differentiates itself as an employee-owned firm focused on a wide array of sectors, including business services and consumer goods. With a strong historical commitment to investing in growing companies, Berkshire endeavors to drive growth through strategic investments.
About Mason Wells
Mason Wells, a notable Midwest-based private equity firm, has concentrated its efforts on specific industries, including Consumer Packaged Goods and Outsourced Business Services. Their strategic investments have significantly contributed to the success of various businesses across these sectors.
Frequently Asked Questions
What is RJW Logistics Group known for?
RJW Logistics Group is recognized for its innovative retail logistics solutions tailored for consumer packaged goods brands.
Who are the strategic partners of RJW Logistics Group?
RJW has secured a strategic investment from Berkshire Partners, enhancing its operational capabilities and growth potential.
What does the investment from Berkshire Partners mean for RJW?
The investment will facilitate improvements in services, innovations, and expansion in various geographic markets, positioning RJW for future success.
How many retailers does RJW Logistics serve?
RJW delivers services to more than 180 retailers across the nation, utilizing its extensive logistics and warehouse infrastructure.
Are RJW's management involved in the company's future?
Yes, RJW's CEO and management team will continue to be significant investors in the company, ensuring alignment with its growth trajectory.
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