CHICAGO--(BUSINESS WIRE)--St. George Logistics (“STG”), North America’s leading provider of specialty 3PL and transportation services critical to the global supply chain, has announced the appointment of Joseph (Joe) Tomczak as its new Chief Financial Officer. One of the logistics industry’s most accomplished finance executives, Joe has extensive experience working with leading private equity backed businesses to drive significant shareholder value creation.
Previously, Joe served as CFO at Neovia Logistics, a global provider of fulfillment services with operations in 29 countries. Joe helped lead Neovia’s transition from a subsidiary of Caterpillar, Inc. into a stand-alone business owned by Platinum Equity, and ultimately played a key role in Neovia’s sale to Goldman Sachs and Rhone Capital. Prior to Neovia, Joe was the CFO for Martin-Brower, a $14 billion provider of global distribution and logistics services for the foodservice industry. Prior to that, Joe was CFO at TDS Logistics/Syncreon International, a leading automotive and technology logistics services provider owned by The Yucaipa Companies. Following the sale of TDS to Centerbridge Partners, Joe served as an operating partner at Yucaipa helping to evaluate various private equity buyout opportunities. Joe is a CPA, earned his MBA from Kellogg Graduate School of Management at Northwestern University and holds a BA in Accounting and Business Administration from Augustana College.
“Joe’s knowledge of international logistics, experience in M&A, and his track record of outstanding performance in high growth companies make him the perfect addition to the STG team,” said Chris Jamroz, Executive Chairman of STG. “We plan to continue our pace of aggressive growth, both organic and acquisition-related, and we are thrilled to have such an accomplished finance chief as our trusted partner in that endeavor.”
Hessel Verhage, CEO of STG, added: “I look forward to Joe joining our executive management team. I am certain that his experience, visionary leadership and creative entrepreneurial spirit will contribute greatly to our continued success in becoming the premier logistics and transportation providers in North America.”
“This is an incredibly exciting time to join St. George Logistics,” said Joe Tomczak. “The business has grown dramatically since the initial acquisition and the team has aggressive plans for future expansion. I hope that my experience in building high performing finance departments, executing and integrating acquisitions, and helping to lead companies to through successful exit processes will allow me to meaningfully contribute to the outcome of our investment.”
Wind Point Partners acquired St. George Logistics in July 2016 in partnership with executives Chris Jamroz and Hessel Verhage. Since that time, STG has expanded its platform and scope of services through various organic initiatives and the completion of five add-on acquisitions.
About St. George Logistics
STG (St. George Logistics) is a leading asset-light provider of complex and highly customized logistics and transportation services focused on the global supply chain. The company’s comprehensive suite of services includes value-added contract services and specialized warehousing including container freight management, inventory management, distribution, and e-commerce fulfillment as well as multi-modal ground transportation. With a network of over 30 multi-purpose technology-enabled facilities, 50 partner locations, and numerous transportation partners, STG provides its customers with one of the most expansive import/export solutions in North America. STG is a key partner for third party logistics providers as well as leaders in the food and beverage, pharmaceuticals, consumer electronics, engineered products, home fashion, retail, and other verticals. STG operates U.S. Customs Bonded, TSA certified, and International FreeTrade Zone facilities. For more information, please visit www.stgusa.com.
About Wind Point Partners
Wind Point Partners is a leading Chicago-based private equity investment firm with just over $2 billion in assets under management. Wind Point 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. The firm targets investments in the consumer products, industrial products, and business services sectors. Wind Point is currently investing out of Wind Point Partners VIII, a $985 million fund that was initiated in 2016. Additional information about Wind Point is available at www.windpointpartners.com.