Arthur Wells Group joins Jacobson Companies

July 24, 2006
Norwest Equity Partners has announced the closing of the fourth add-on acquisition for Jacobson Companies Inc, its portfolio company focused on providing third-party logistics services.

Norwest Equity Partners has announced the closing of the fourth add-on acquisition for Jacobson Companies Inc, its portfolio company focused on providing third-party logistics services. The most recent company to join Jacobson is the Arthur Wells Group, a privately held partnership of trucking, warehousing, and distribution firms primarily focused on the food industry.

Financing for the transaction was provided by a bank syndicate led by Madison Capital Funding.

Headquartered in St Louis MO, Arthur Wells' group of companies include Nationwide Logistics Inc, a traffic management company; Arthur Wells Transport Inc, a nationwide trucking company; Warehousing Specialists Inc, a public dry warehouse company; Gateway Refrigerated Warehouses, a public cold storage distribution company; Coldstor LLC, a frozen food distribution center; and Rock City, a public temperature-controlled facility.

About the Author

from staff and wire reports

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

What challenges are top of mind for fleet professionals in 2025? Get exclusive insights from the 2025 Fleet Trends Survey and discover where the industry is headed next.
The most successful fleets accomplish more than delivering freight. To accomplish this, fleets need a fuel that’s reliable, more economical and more sustainable. That fuel is ...
Are your KPIs driving real fleet improvement? Learn how to set smarter, data-driven benchmarks, track success like top-performing fleets, and apply proven strategies to optimize...
Learn how eets can enhance truck utilization and minimize safety incidents using business intelligence and AI. Delve into innovative practices, technology integration and real...