Fulcrum Capital acquires National Logistics Services

26 Jun '18

2 min read

Courtesy: National Logistics Services

Fulcrum Capital Partners, a private equity firm focused on the Canadian middle market, has acquired the National Logistics Services (NLS), a leader in Canadian third-party logistics for apparel, footwear and action wear markets. The investment was made by Fulcrum's Private Equity Fund V and marks the ninth platform investment made from Fund V.

NLS has experienced strong growth over the last decade, with over 50 years of continuously evolving retail logistics expertise, a deep understanding of the fashion logistics industry, and best in class e-commerce enabled systems and software.

“We are very excited to partner with Fulcrum through its investment in NLS,” said Terry Vukosa, president of NLS. “The foundation of our success is a culture that values relationships and people, as well as disciplined business principles, and we have found these same characteristics in our partnership with Fulcrum. We look forward to working alongside Fulcrum as NLS continues to evolve to maintain its status as the top choice for logistics services in Canada."

“We are thrilled to invest in NLS. The company’s growth and innovation are built on a team-based culture which has attracted top talent in the industry. Fulcrum is committed to supporting the current management team and growth of the business as NLS continues to be the leading provider of sophisticated retail distribution within Canada,” Lindsay Wilson, a partner at Fulcrum, said. (RR)

Fibre2Fashion News Desk – India

More Textiles News - Canada...