Foley & Lardner LLP served as legal advisor to Source Logistics, a provider of value-added warehousing, distribution, and fulfillment third-party logistics services to the consumer goods sector with a focus on Hispanic food and beverage brands, as private equity firm Palladium Equity Partners acquired a majority stake in the company.
Source Logistics is a technology and customer-oriented company that provides tailored logistics and supply chain solutions. Through the years, the company has expanded its footprint and offerings to include omni-channel distribution, warehousing, value-added services, and transportation. Source Logistics serves a wide range of industries, including food and beverage, health and beauty, consumer retail, medical, manufacturing, and technology.
The Foley deal team was led by partner Benjamin Rikkers and included partners Stephen Good and Trent Johnson, of counsel Kathleen Bardunias, associates Christopher Terris and Matt Kiel, and law graduate Bryn Allen.