Palladium Equity Partners Acquires Source Logistics
Private equity firm Palladium Equity Partners has acquired a majority stake in Source Logistics, a provider of third-party logistics services to the consumer goods sector, with a focus on Hispanic food and beverage brands. Source Logistics operates 12 facilities across four states and was founded in 1999. Palladium believes the company is well-positioned to benefit from the anticipated growth of the US Hispanic population. Terms of the investment were not disclosed.
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Frequently Asked Questions
Question: When did Palladium Equity Partners acquire Source Logistics?
Answer: Palladium Equity Partners acquired Source Logistics recently. The acquisition was announced on November 2, 2023. (Source: PR Newswire - Palladium Equity Partners Acquires Source Logistics)
Question: What type of company is Source Logistics?
Answer: Source Logistics is a provider of warehousing, distribution, and logistics services. (Source: PE Hub - Palladium snaps up Source Logistics)
Question: Who acquired a majority stake in Source Logistics?
Answer: Palladium Equity Partners acquired a majority stake in Source Logistics. (Source: The Middle Market - Palladium Buys Source Logistics)
Question: Is Palladium Equity Partners affiliated with any other companies?
Answer: Yes, Palladium Equity Partners has affiliates. (Source: PR Newswire - Palladium Equity Partners Acquires Source Logistics)
Question: What is the location of Palladium Equity Partners?
Answer: Palladium Equity Partners is based in New York. (Source: PR Newswire - Palladium Equity Partners Acquires Source Logistics)
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