Quantix acquires CLX Logistics

Quantix SCS, a portfolio company of Wind Point Partners and a leading supply chain services company for the chemical industry in North America, announced the acquisition of CLX Logistics.

With more than 25 years of history, CLX Logistics provides transportation management systems, managed services, supply chain consulting, brokerage, liquid bulk 3PL, intermodal, rail, international services and industry-leading technology and analytics products to customers in North America and Europe. CLX Logistics handles $500 million worth of freight annually.

Together, Quantix and CLX Logistics form a platform with more than $2 billion in logistics spend, approximately 5,400 owned assets, more than 40 distribution centers and rail terminals, and 3,300 partnered carrier relationships. The acquisition will expand Quantix's presence in the North American and European markets, making the combined company one of the largest providers in the nearly $100 billion global chemical supply chain logistics market.

Chris Ball, President and CEO of Quantix said:"This deal is a significant step for Quantix as a leader in the chemical 3PL market and will bring meaningful value to our customers as we integrate a wide-ranging set of offerings, technology and analytics products into our portfolio, we're proud to have the CLX team as part of the Quantix family of companies, and congratulate founder J. Stephen Hamilton on the exceptional business he has built."

J.Stephen Hamilton, founder and chairman of the board of directors of CLX Logistics said: "It would be difficult to find a company that understands the logistics needs of the chemical industry better than Quantix. We look forward to helping them further improve what and how they serve their customers through our global presence, advanced chemical logistics expertise and commitment to customer success."

Konrad Salaber, Managing Director of Wind Point said: "The CLX Logistics team has created a comprehensive suite of solutions that highlights our existing offerings to our valued customers. "Expanding our 3PL offering by adding liquid capabilities is an important pillar of our value creation plan and by partnering with CLX Logistics we have become one of the largest chemical 3PL companies in our network. We look forward to continuing to provide a full suite of services to our clients."