Quantix, a supply chain services company serving the chemical industry and a portfolio company of Wind Point Partners, has bought Mid-States Packaging, a dry bulk transportation, warehousing and export services company.
Mid-States has 11 locations spanning Texas, the Northeast and the Mid-Atlantic. The deal looks to reinforce Quantix’s geographic presence and builds upon its warehousing and trucking transportation operations. Mid-States represents the ninth acquisition for Quantix under Wind Point’s ownership.
“Reinforcing our presence as a leading dry bulk logistics and export services provider is a key pillar of the Quantix value creation plan,” comments Konrad Salaber, managing director at Wind Point. “And this acquisition does exactly that.”
Kirkland and Ellis LLP served as legal counsel and KPMG provided transaction advisory services to Quantix.