September 10, 2014
Weil represented The Resolute Fund III, L.P., a private equity fund managed by The Jordan Company, in connection with its acquisition of Capstone Logistics, LLC (Capstone) from H.I.G. Capital and MSouth Equity Partners. Financial terms of the transaction were not disclosed.
Headquartered in Norcross, Georgia, Capstone offers a full suite of mission-critical services that optimize productivity, reduce costs and enable distribution facility operators to outsource non-core labor intensive functions. Operating within over 230 customer sites, Capstone has highly recurring revenue through long-term contracts with a blue-chip customer base of Fortune 500 companies including grocery, foodservice, retail, automotive and third party logistics businesses, among other markets.
The Weil team advising The Jordan Company included Banking & Finance partner Andrew Yoon; Technology & IP Transactions partner Michael Epstein; Environmental Transactions partner Annemargaret Connolly; Employment partner Gary Friedman; Tax partner Marc Silberberg; Corporate associates Bob Rivollier, Megan Ward and Jakob Deitch; Banking & Finance associate Brian Drozda; Technology & IP Transactions associate Janell Wise; Environmental Transactions associate Thomas Goslin; Employment associate Aryeh Zuber; Benefits associate Verity Rees; and Tax associates Mark Dundon and Eric Remijan.