DSI Logistics has been Sold by Argosy Private Equity
DSI Logistics | April 27, 2021
Argosy Private Equity, a lower center market private value firm, today declared the offer of DSI Logistics Holding, LLC to Pilot Freight Services.
Established in 1997, DSI is a non-resource-based outsider coordination firm that has some expertise in white-glove, "last-mile" home conveyance, and appropriation administrations for retailers across the country. DSI is centered around hard merchandise classifications including home goods, sleeping cushions, gadgets, and machines.
In February 2019, Argosy banded together with minority financial backer Headhaul Capital Partners, a private value firm that centers around the transportation, coordination, and appropriation ventures to get DSI. After the underlying speculation, Argosy promptly started to execute its Value Acceleration Methodology ("VAM™"), by growing DSI's conveyance impression, expanding its emphasis on more modest clients, and starting an essential arranging measure.
"DSI's 20% yearly income development rate is dominating both the market and its companions. The most amazing part of DSI's solid development in the course of the most recent two years is entering 15 new states and markets, while as yet keeping up the undeniable degree of client assistance that our customers have generally expected," said Keven Shanahan, Partner, Argosy Private Equity.
"Argosy and Headhaul have been extraordinary accomplices for us and were very useful and powerful in our development. Their greatest commitment was working with us to construct the operational establishment to help development by upgrading both our kin and our abilities," said Jim Forman, the CEO at DSI.
About Argosy Private Equity
Argosy Private Equity, established in 1990, spends significant time in giving capital and working and monetary ability to bring down center market organizations across an expansive scope of businesses. Argosy accomplices with roused supervisory crews putting resources into organizations with economical upper hands and alluring development possibilities. Argosy Private Equity is a division of Argosy Capital Group, Inc. ("Argosy Capital") along with Argosy Real Estate Partners, Argosy Credit Partners, Argosy Strategic Partners, and Argosy Healthcare Partners. Argosy Capital is an SEC-enrolled speculation counsel with roughly $1.5 billion of resources under administration. The entirety of the Argosy Capital supports center around lower center market speculations.