Xpress Global Systems
Date of Investment: April 2015
Industry: Transportation and Logistics Services
Xpress Global Systems, Inc. (“XGS”), based in Chattanooga, Tennessee, provides transportation and logistics services for the floor covering industry. Founded in 1985, XGS is the largest floor covering transportation and logistics provider in the U.S. XGS offers specialized Less-Than-Truckload (“LTL”) transportation, warehousing, and commercial delivery for Hard-to-Move goods. XGS was previously a non-core subsidiary of US Xpress, a $1.5 billion (revenue) truckload provider. XGS maintains relationships with over 3,000 customers including: blue chip retailers (Home Depot, Lowe’s, Walmart), floor covering manufacturers (Mohawk, Shaw Floors, Engineered Floors), and Hard-to-Move manufacturers (Samsung, Pella, Larson).
Date of Investment: November 2014
Industry: Construction Services
Ameritech Facility Services, LLC (“Ameritech”), based in Ballground, Georgia, is a trusted leader in facility upgrades, capital improvements, and national rollouts. Ameritech provides renovation, remodeling, re-imaging, and multi-store rollout services for food service, hospitality, and retail industries in the U.S. Ameritech targets national restaurant customers including: Yum Brands (Taco Bell, KFC, and Pizza Hut), Brinker International (Chili’s and Maggiano’s), Wendy’s, and Darden Restaurants (Red Lobster, LongHorn Steakhouse, and Olive Garden).
Track Utilities, LLC.
Date of Investment: December 2012
Date of Exit: June 2014
Industry: Infrastructure Services
Track Utilities, LLC (“Track”), based in Boise, Idaho, is one of the premier providers of infrastructure services in the United States. Track is a preferred services partner for utilities (e.g. infrastructure upgrading, maintenance, repair services, transmission power lines, and underground power) and wireless operators (e.g. fiber-to-the-home, fiber-to-the-node, and splicing). Track operates in Montana, Wyoming, Oregon, Washington, Nevada, Utah, Arizona, Kansas, and Texas.