LongueVue Capital, a New Orleans-based private equity firm, has recapitalized RBW Logistics, a provider of warehousing, fulfillment and related services to a variety of blue-chip customers serving the consumer goods and industrials markets.
Founded in 1954, RBW operates nine facilities in Georgia and South Carolina, totaling over 2 million feet of warehouse space. RBW’s 200-plus team members deliver service and operations to its customer base of global manufacturers.
“LVC’s culture and vision align with those of RBW, and their team brings the right combination of experience, industry knowledge, and strategic resources to support RBW as we rapidly expand while being more innovative in the ways we service our customers,” says Frank Anderson, president and CEO of RBW Logistics.
Abacus Finance provided senior debt financing, and LVC’s legal counsel was provided by Norton Rose Fulbright LLP.