BGSA Client Idelic Acquired by Descartes

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West Palm Beach, FL – April 23, 2026

BGSA Holdings, LLC (“BGSA”), is pleased to announce that its client Idelic has been acquired by Descartes Systems Group Inc. (Nasdaq: DSGX) (TSX: DSG).

Idelic’s platform integrates driver safety workflows, including training, monitoring, reporting, and coaching, into a unified system powered by advanced analytics and machine learning. The platform leverages a proprietary dataset built from more than 40 billion miles of telemetry and over 400,000 accident records, enabling fleets to proactively identify and reduce risk. Descartes, a global leader in uniting logistics-intensive businesses through its Global Logistics Network (GLN), acquired Idelic to enhance its AI-driven fleet safety and performance management capabilities.

“Productivity and safety are equally critical for fleet operators,” said James Wee, General Manager of Fleet Management at Descartes. “This acquisition adds critical data to our Global Logistics Network (GLN) and enhances Descartes’ final-mile footprint by adding highly advanced fleet safety capabilities and deep domain expertise. Idelic’s AI-powered predictive safety intelligence functionality, when combined with Descartes’ industry leading routing planning and execution technology, enables us to deliver a complete and cutting-edge fleet performance management solution that uniquely incorporates driver behavior and safety signals into our robust operational data set.”

“Idelic has developed a differentiated platform that centralizes driver safety workflows, leveraging large-scale data and AI-driven analytics to identify and mitigate risk,” said Todd Wilson, President of BGSA Holdings, LLC. “As Idelic is integrated into Descartes’ GLN, its real-time intelligence will enhance fleet performance and enable safety-optimized operations.”

The acquisition strengthens Descartes’ ability to deliver a comprehensive fleet performance solution by incorporating predictive safety intelligence alongside its existing routing, planning, and execution technologies. By combining Idelic’s real-time, event-level data and AI-driven insights with the GLN, Descartes aims to support safer, more efficient, and data-driven fleet operations, while also enhancing its final-mile footprint.

About Idelic

Idelic is a leading provider of AI-powered driver safety and performance management solutions, offering a unified platform designed to improve fleet safety outcomes through predictive analytics and real-time data integration.

About Descartes

Descartes powers more responsive, efficient, secure and sustainable international and domestic supply chains by uniting logistics-intensive businesses on its Global Logistics Network (GLN). Shippers, carriers, and logistics service providers connect and collaborate on the GLN leveraging technology, data and AI to manage last mile deliveries, domestic and international shipments, transportation rating and payment, global trade research, customs compliance and a variety of regulatory processes.

About BGSA Holdings

BGSA is a leading M&A advisory firm focused on the logistics and supply chain industry. The firm specializes in helping outstanding transportation and logistics companies maximize value through mergers and acquisitions. BGSA has worked with major supply chain companies including NFI, UPS, DHL, Werner Enterprises, Echo Global Logistics, New Breed (now XPO), GENCO (now FedEx), Converge (now Arrow Electronics), Wilpak (now XPO), and others. For more information about BGSA, please visit https://BGSA.com.

 


For further information, please contact:
Shai Greenwald
BGSA Holdings, LLC
shai@bgsa.com

BGSA Client SML Sells Clarity® RFID Software to Omegro

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West Palm Beach, FL – September 10, 2025
BGSA Holdings LLC (“BGSA”) is pleased to announce that its client, SML Group Limited (“SML”), a global leader in RFID and retail technology solutions, has completed the sale of its Clarity® RFID software platform to Omegro, a Canadian private equity group and buy-and-grow acquirer of software companies.

With this transaction, SML sharpens its strategic focus on its market-leading RFID labels and digital triggers, as well as the data-driven solutions that unlock transparency, efficiency, and circularity across global supply chains. The divestiture of Clarity® enables SML to concentrate capital and talent on its core strengths, while continuing to expand its global RFID Technology Innovation & Development Centers (TIDC). At the same time, Omegro will build on Clarity®’s proven track record to accelerate growth, ensuring customers and employees benefit from a long-term and sustainable home.

Ignatius K. C. Lau, Chief Executive Officer of SML, commented, “Our growth journey continues to accelerate, driven by our unwavering commitment to deliver trusted solutions that drive visibility, efficiency, and value across the retail industry. With pioneering solutions like our Digital Care Labels and the breakthrough InfuseRFID technology, we are setting new standards in digital labelling and embedded RFID solutions. Through initiatives such as Factory Care Solutions (FCS) and the Digital Product Passport (DPP), we are helping shape the future of truly connected supply chains. This progress is powered by our people – many of whom have been with us for over a decade and remain the cornerstone of SML’s success. We are excited about the opportunity Omegro offers to the ClarityRFID™ team and wish it well in its next phase of operations.”

Omegro Group Leader Andy Nelson added, “I am excited about the opportunities Omegro can offer to ClarityRFID customers, employees, and products. We look forward to building on the strong foundation established by SML Group, supporting existing product richness and relationships with our focus on strength and growth in our products, our people, and our businesses overall.”

Benjamin Gordon, Managing Partner at BGSA, stated, “This transaction creates a clear win-win: SML intensifies its leadership in RFID labels and digital identification, while Omegro unlocks new momentum for the Clarity® software franchise. It is a strategic fit that benefits customers and the broader retail technology ecosystem.”

This transaction marks an important milestone in the evolution of the RFID and retail technology landscape. By placing Clarity® under Omegro’s stewardship, the solution will continue to expand its role in enabling retailers and brands to achieve real-time visibility, omnichannel efficiency, and greater supply chain resiliency, while SML drives forward the next generation of RFID innovation.

 

About SML Group Limited

SML is a global leader in digital identification solutions such as item-level Radio-Frequency Identification (RFID), shaping the future of brand identification with smart, creative, and sustainable solutions that elevate brands. With more than 40 years of retail expertise, SML combines state-of-the-art technology with innovative design to help brands strengthen identity, enhance security, and improve operational efficiency from factory to shelf. SML operates in 25+ locations across 20+ countries and partners with 600+ brands worldwide. For more information, please visit www.sml.com.

About Clarity®

Clarity® is an enterprise RFID software platform purpose-built for retail and brand owners to deliver end-to-end item visibility, inventory accuracy, and operational efficiency across stores, DCs, and supply chains.

About Omegro

Omegro is a Canada-based private equity group dedicated to acquiring and growing software companies. As a people-first, buy-and-grow acquirer, Omegro provides permanent and safe homes where businesses can continue their legacy and achieve sustainable, long-term growth. Its purpose is growth—in its people and colleagues, in the businesses it acquires and operates, and in the stakeholder value it creates. For more information, please visit omegro.com.

About BGSA Holdings

BGSA is a leading M&A advisory firm focused on the logistics and supply chain industry. The firm specializes in helping outstanding transportation and logistics companies maximize value through mergers and acquisitions. BGSA has worked with major supply chain companies including NFI, UPS, DHL, Werner Enterprises, Echo Global Logistics, New Breed (now XPO), GENCO (now FedEx), Converge (now Arrow Electronics), Wilpak (now XPO), and others. For more information about BGSA, please visit https://BGSA.com.

 

 


For further information, please contact:
Pascale Curran
BGSA Holdings, LLC
+1-561-932-1602
pascale@bgsa.com

BGSA Client NavTrac Sells to Loadsmart

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West Palm Beach, FL – October 2, 2023 – BGSA Holdings LLC (“BGSA”) is pleased to announce that its client, NavTrac, a technology company specialized in computer vision for yard, terminal, and asset management, has been acquired by Loadsmart, a leading freight technology and transportation service provider.

Using a combination of NavTrac’s proprietary machine learning, optical character recognition, AI tools, and third-party hardware and software, NavTrac’s technology leverages cameras to capture live videos of trucks and containers, automatically extracting alphanumerics, document equipment, detecting damages, and timestamping events for incoming and outgoing trucks and containers. Computer vision technology can also mitigate crime and fraud in the freight industry by identifying incorrect timestamps and monitoring the security of high value cargo.

With the acquisition, Loadsmart expands its solutions to offer a digitized and automated way to manage inventory and track assets, increasing the logistics efficiency of intermodal service providers, container/storage yards, asset-based carrier’s truck yards, and warehouse operators. This expansion into computer vision solidifies Loadsmart’s position as a leader in the freight industry and brings new products to Loadsmart’s portfolio.

Loadsmart is already the leader in dock scheduling solutions with its Opendock offering, currently utilized by more than 110,000 carriers in the US, and Navtrac’s technology will only enhance and expand the value proposition for more than 3,000 warehouses who have adopted Opendock.

NavTrac’s innovation integrated with Loadsmart’s existing internal resources, including sales, customer experience, technology, and back-office capabilities allows for new revenue streams, and the elimination of downstream costs for transportation facilities.

NavTrac’s SmartGate camera system also provides automatic compliance tracking for the Warehouse Indirect Source Rule (ISR) emissions mandate currently impacting all warehouses in Southern California over 100,000+ square feet.

Felipe Capella, CEO of Loadsmart, emphasized the significance of this acquisition, “Computer vision can automate inbound/outbound facility traffic, identify damages in trucks and containers, and enhance yard and terminal visibility by generating virtual yards based on cameras. It can track what trucks, trailers and containers are currently moving in any given highway at any given point, without any need for system integrations. This acquisition aligns perfectly with our mission to provide innovative solutions that drive efficiency and value for our customers.”

About Loadsmart

Loadsmart revolutionizes the logistics landscape by combining cutting-edge technology with high-level transportation services to optimize freight spend, increase efficiency, and enhance service quality. Whether it be through managed transportation services, freight management software, dock scheduling software, truck management solutions, dynamic freight brokerage, or tailor-made optimization solutions, we empower shippers, carriers, and warehouses to move more with less.  For more information, please visit https://loadsmart.com.

About NavTrac

NavTrac is an AI-Powered Yard Management System (YMS) that reimagines yard operations. NavTrac leverages advanced OCR technology to create a digital image of every asset that enters your facility. NavTrac’s proprietary software analyzes this visual data to provide real-time inventory reporting and analytics. For more information, please visit http://www.navtrac.com.

About BG Strategic Advisors

BGSA is a leading M&A advisory firm focused on the logistics and supply chain industry. The firm specializes in helping outstanding transportation and logistics companies to maximize value through mergers and acquisitions. BGSA has worked with major supply chain companies including NFI, UPS, DHL, Werner Enterprises, Echo Global Logistics, New Breed (now XPO), GENCO (now FedEx), Converge (now Arrow Electronics), Wilpak (now XPO), and others.

For more information about BGSA, please visit https://BGSA.com or contact Ben Gordon at ben@bgsa.com and 561-932-1601.

BG Strategic Advisors Announces that BGSA Client Werner Enterprises, Inc. has sold Werner Global Logistics to Scan Global Logistics Group

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Palm Beach, F.L. January 29, 2021 — BG Strategic Advisors (“BGSA”) is pleased to announce that Werner Enterprises, Inc. (NASDAQ: WERN) (“Werner”) has sold its Werner Global Logistics (“WGL”) freight forwarding services for international ocean and air shipments to Scan Global Logistics Group (“SGL”).

WGL, headquartered in Omaha, Nebraska, and with operations in the United States, Mexico, and China, offers comprehensive freight forwarding services for international ocean and air shipments to and from approximately 130 countries.

“After working with the SGLT team and understanding their core values and capabilities, I am excited for WGL’s international customers, associates and transportation partners worldwide,” said Werner’s Vice Chairman, President and Chief Executive Officer Derek Leathers. “We are proud of the global operation WGL has built and are confident it will continue to succeed as part of the SGL family. Going forward, we remain committed to our North American logistics capabilities in truck brokerage, freight management, intermodal and final mile services.”

Werner will continue to focus its resources, talent, and technology by providing superior truckload and logistics services in North America. “Innovative solutions in logistics have been our focus for over three decades,” said SGL’s North American Chief Operating Officer – International Julien Ranzato. “Werner’s established culture, leadership, network and core values are a great fit for us, and we look forward to continuing and expanding our relationship with Werner on international and domestic business opportunities that will result from this strategic partnership.”

BGSA acted as exclusive sell-side financial advisor to Werner.

About Werner Enterprises, Inc.
Werner was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America. Werner maintains its corporate headquarters in Omaha, Nebraska, and maintains offices in the United States, Canada and Mexico. Werner is among the five largest truckload carriers in the United States, with a diversified portfolio of transportation services that includes dedicated; medium-to-long-haul, regional and expedited van; and temperature-controlled. The Werner Logistics portfolio includes North American truck brokerage, freight management, intermodal and final mile services. werner.com

About Scan Global Logistics Group
Scan Global Logistic Group has been in the international freight forwarding business since 1975 and is headquartered in Denmark, with North American headquarters in Seattle, WA, USA. SGL’s business activities focus on international freight-forwarding services worldwide primarily by air and sea, with supporting IT, logistics, warehousing and road services. The SGL Group maintains offices in 30 countries on 6 continents. SGL’s main focus is to create solutions to complex logistics challenges. www.scangl.com

About BGSA

BGSA Holdings LLC is a leading M&A advisory firm focused on the logistics and supply chain industry. The firm specializes in helping outstanding transportation and logistics companies to maximize value through mergers and acquisitions. BGSA has worked with major supply chain companies including NFI, UPS, DHL, Echo Global Logistics, New Breed (now XPO), GENCO (now FedEx), Converge (now Arrow Electronics), Wilpak (now Jacobson), and others. BGSA is also affiliated with Cambridge Capital, a leading private equity firm investing in supply chain and technology companies. For more information, please visit www.BGSA.com.

BGSA provides investment banking services through BGSA LLC, a registered broker-dealer and member of FINRA and the SIPC.

BGSA Advises NFI on Acquisition of CAI Logistics

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Palm Beach, FL 08/17/2020 – BGSA Holdings LLC, a leading M&A advisory firm focused on the logistics and supply chain industry, advised NFI on the acquisition of CAI Logistics.

NFI, a leading supply chain solutions provider, has completed the acquisition of CAI Logistics, the non-asset logistics division of CAI International, Inc. (“CAI”) (NYSE: CAI) that generates more than $100 million in annual revenue. By acquiring CAI Logistics, NFI expands its suite of supply chain services, specifically enhancing its brokerage, intermodal, and global freight forwarding capabilities across North America.

With the acquisition, NFI’s non-asset logistics business units will generate in excess of $500 million in annual revenue, making up 20 percent of NFI’s total revenue of approximately $2.5 billion. Additionally, NFI advances its position as a best-in-class service provider and its expertise in numerous verticals including the industrial, manufacturing, food, beverage, and retail industries.

Facilitating more than 300,000 shipments annually, NFI provides thousands of customers with a wide breadth of multi-modal brokerage services. The addition of CAI Logistics further bolsters NFI’s specialized capabilities including flatbed, over-dimensional, less-than-truckload, expedited, and temperature-controlled transportation.

NFI is an asset and non-asset intermodal provider with capabilities across North America. It is an early adopter in the temperature-controlled intermodal space with a fleet of refrigerated intermodal containers. Integrating CAI Logistics’ rail solutions will extend NFI’s access to more than 100,000 pieces of railroad equipment. Bringing more than 200 years of combined intermodal operations experience to NFI, the CAI Logistics and ClearPointt Logistics teams, will significantly deepen NFI’s intermodal expertise.

Spanning Full Container Load, Less Than Container Load, perishable, and oversized shipments, the acquisition also enhances NFI’s growing ocean and air freight forwarding services that help shippers better connect their international and domestic supply chains.

“With CAI Logistics’ service offerings, NFI will be able to amplify the scalability of its non-asset logistics platform,” said Sid Brown, CEO, NFI. “As we have showcased with our long history of acquisitions, our ability to combine strong operations is unmatched, resulting in a more robust customer experience and integrated solutions that are seamless for shippers and their end consumers.”

“Being a part of the NFI family is a tremendous opportunity for us and for our customers,” said Janet Papworth, President, CAI Logistics. “Our common approach to customer-centricity, combined with NFI’s vast expertise and capabilities, will undoubtedly generate a new level of value we can provide for shippers.”

CAI Logistics represents NFI’s 20th acquisition since 2000. BGSA Holdings LLC acted as exclusive advisor to NFI. Recent acquisitions also include G&P Trucking, SCR Air, and California Cartage Company. CAI Logistics and its entities ClearPointt Logistics LLC, Challenger Overseas, LLC, Hybrid Logistics, Inc., and General Transportation Services, Inc. will be rebranded NFI.

BGSA acted as exclusive advisor to NFI.

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About BGSA

BGSA Holdings LLC is a leading M&A advisory firm focused on the logistics and supply chain industry. The firm specializes in helping outstanding transportation and logistics companies to maximize value through mergers and acquisitions. BGSA has worked with major supply chain companies including NFI, UPS, DHL, Echo Global Logistics, New Breed (now XPO), GENCO (now FedEx), Converge (now Arrow Electronics), Wilpak (now Jacobson), and others. BGSA is also affiliated with Cambridge Capital, a leading private equity firm investing in supply chain and technology companies. For more information, please visit www.BGSA.com.

About NFI

NFI is a fully integrated North American supply chain solutions provider headquartered in Camden, N.J. Privately held by the Brown family since its inception in 1932, NFI generates more than $2 billion in annual revenue and employs more than 13,000 associates. NFI owns facilities globally and operates approximately 50 million square feet of warehouse and distribution space. Its dedicated fleet consists of over 3,000 tractors and 12,500 trailers operated by 2,700 company drivers and leveraging partnerships with 400 owner operators. NFI has a significant drayage presence at nearly every major U.S. port, leveraging the services of an additional 1,500 owner operators. The company’s business lines include dedicated transportation, distribution, brokerage, transportation management, port drayage, intermodal, global logistics, and real estate. For more information about NFI, visit www.nfiindustries.com or call 1-877-NFI-3777.

About CAI International, Inc.

CAI is one of the world’s leading transportation finance companies. As of June 30, 2020, CAI owns and leases a fleet of over 1 million intermodal shipping containers to all the major global marine shipping companies. For more information, please visit www.capps.com.

Forward-Looking Statements

This press release contains forward-looking statements regarding future events and the future performance of CAI, including but not limited to: management’s business outlook, the intended sale of the rail and logistics businesses, and the initiation of future cash dividends. These statements and others herein are forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and involve risks and uncertainties that could cause actual results of operations and other performance measures to differ materially from current expectations including, but not limited to: utilization rates, expected economic conditions, expected growth of international trade, availability of credit on commercially favorable terms or at all, customer demand, container investment levels, container prices, lease rates, increased competition, volatility in exchange rates, growth in world trade and world container trade, the ability of CAI to convert letters of intent with its customers to binding contracts, potential to sell CAI’s securities to the public and others.

CAI refers you to the documents that it has filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2019, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. These documents contain additional important factors that could cause actual results to differ from current expectations and from forward-looking statements contained in this press release. Furthermore, CAI is under no obligation to (and expressly disclaims any such obligation to) update or alter any of the forward-looking statements contained in this press release whether as a result of new information, future events or otherwise, unless required by law.

BG Strategic Advisors Announces that Linx Partners Has Acquired Clover Telecom

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West Palm Beach, FL – March 21, 2018 – BG Strategic Advisors (“BGSA”) is pleased to announce that Linx Partners has partnered with the management team of Clover Telecom (or the “Company”), to purchase the Company from Clover Technologies Group, the parent company of Clover Imaging and Clover Wireless.

Clover Telecom, based in Dallas, Texas is a leading provider of equipment distribution and repair and maintenance services for blue-chip customer base in the wireless, cable, data and wireline industries. The Company’s core services include (i) equipment distribution; (ii) equipment testing and repair; (iii) out of warranty technical support; and (iv) field services. Clover offers its global customers access to its extensive inventory of new and used networking equipment, as well as expansive repair and engineering capabilities on over 20 of the top Network Equipment OEMs.

“Linx was drawn to Clover because of the Company’s talented management team, strategic growth opportunities, and diversification of end markets,” said Giny Mullins, Managing Director at Linx Partners. “The Company’s expertise in networking equipment and breadth of repair and maintenance capabilities translate into tremendous potential in existing and new markets that are natural extensions of the business. In addition, this is a fragmented market that will provide abundant add-on opportunities for growth.”

“This sale will enable us to fully focus our energies on the growth opportunities for Clover Imaging and Clover Wireless, and provide us with additional resources to invest in those businesses,” said Jim Cerkleski, Chairman of Clover Technologies Group. “Our core Imaging and Wireless businesses each have strong market positions and established global manufacturing, repair and distribution footprints, which we will work to further build out as we continue our mission of supporting our customers and their new business strategies. We wish Gordon and the Clover Telecom team well in their next chapter.”

“We couldn’t be more excited about the fit we have found with Linx Partners,” said Gordon Smith, President of Clover Telecom. “Our two groups are aligned in our vision for growing our customer base, geographic presence, and technical capabilities.”

The telecom business represents less than five percent of Clover Technologies’ 2017 revenues. Financial terms of the transaction were not disclosed.

BGSA acted as exclusive sell-side advisor to Clover Technology Group.

About Linx Partners
Founded in 1999, Linx Partners is a private equity firm specializing in buyout investments for lower middle-market, family, and entrepreneur-led industrial companies. It primarily invests in industrial manufacturing, transportation & logistics, and business services companies with $5-15mm of EBITDA.

About Clover Technologies Group
Clover Technologies Group is the global leader in helping businesses reclaim value by innovating new solutions for retired assets. Founded in 1996, Clover is one of the fastest growing, privately held companies in the United States with over 60 locations in 18 countries. Clover Imaging is the world’s largest collector and remanufacturer of empty printer cartridges. Clover Wireless delivers market-leading service and value to its customers through a full range of repair, reclamation and trade-in solutions within the global mobile device ecosystem.

About Clover Telecom
Headquartered in Texas, Clover Telecom is a market leader in full lifecycle equipment and maintenance support for the telecom, cable, and IT sectors. Clover Telecom provides mission-critical services and products to blue-chip carriers, cable MSOs, and enterprises.

About BG Strategic Advisors
BGSA is a leading M&A advisory firm focused on the logistics and supply chain industry. The firm specializes in providing CEOs in the logistics and supply chain industry with the tools to maximize their company’s value. BGSA has completed several well-known supply chain transactions, including the sales of PCD to Quality One Wireless, Open Mile to Echo Global Logistics, NESA to Liquidity Services, Access Computer Products to Waste Management, Converge to Arrow Electronics, Dixie Warehouse Services and Wilpak to Jacobson Companies, Churchill to BirdDog, Raytrans to Echo Global Logistics, and many others.

For more information about BGSA, please contact Ben Gordon at ben@bgsa.com and 561-932-1601

BGSA provides investment banking services through BG Strategic Advisors LLC, a registered broker-dealer and member of FINRA and the SIPC.

1st Choice Delivery Acquired Controlling Stake in 4SameDay

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BG Strategic Advisors Announces that 1st Choice Delivery Acquired Controlling Stake in 4SameDay

West Palm Beach, FL – November 8, 2017 – BG Strategic Advisors (“BGSA”) is pleased to announce that 4SameDay (or the “Company”) has sold a controlling stake to 1st Choice Delivery (“1st Choice”), a portfolio company of the private equity firm Northern Pacific Group (“NPG”).

Founded in 1995, 4SameDay is a premier provider of comprehensive same-day logistics solutions for time-sensitive shipments in the pharmaceutical, long-term care, entertainment, financial, print, advertising and media industries. The Company utilizes an asset-light operating model and proprietary technology to provide scheduled, routed and on demand deliveries and a full suite of value added services. 4SameDay maintains strong partnerships with its customers by generating meaningful cost savings through effective supply chain management and integrated, on-site customer service and dispatching capabilities. The Company focuses on traceability and certainty of arrival, ensuring prompt delivery of time-sensitive products.

Founders Eric Reese and Chris Carey will remain with 4SameDay and 1st Choice post close and will play important leadership, sales and business development roles.

BG Strategic Advisors, LLC acted as financial advisor and Greenberg Traurig acted as legal advisor to 4SameDay.

About 1st Choice Delivery

1st Choice Delivery is a Midwest-based, full service delivery and logistics company. 1st Choice focuses on serving the “last mile” and provides logistics services to more than 1,000 customers each day. Customers are served through a suite of logistics services including, parcel delivery, LTL delivery, on-demand delivery, inventory storage and FTL inventory repositioning.

About Northern Pacific Group

Northern Pacific Group is a private equity investment firm based in Wayzata, MN. NPG focuses on investing in lower middle market companies with attractive cash flow characteristics and strong organic growth and / or actionable acquisition strategies. NPG seeks to invest in companies where existing management and shareholders share the firm’s partnership values.

About 4SameDay

Headquartered in El Segundo, CA, 4SameDay provides same-day logistics solutions for time sensitive shipments in the pharmaceutical, long-term care, entertainment, financial, print, advertising and media industries. The Company utilizes proprietary technology and routing software to optimize customers’ supply chains, ensuring timely deliveries and efficient costs.

About BG Strategic Advisors

BGSA is the leading M&A advisory firm focused on the logistics and supply chain industry.  The firm specializes in providing CEOs in the logistics and supply chain industry with the tools to maximize their company’s value.  BGSA has completed several well-known supply chain deals, including the sales of Converge to Arrow Electronics, Dixie Warehouse Services and Wilpak to Jacobson Companies, the PWC Logistics acquisitions of Trans-Link and Transoceanic, the Churchill sale to BirdDog, the Raytrans sale to Echo Global, the Unicity sale to PBB, the Air-Road sale to Reliant Equity, and many others.

For more information, or to explore a sale, merger, acquisition, capital raise, or other strategic initiative for your company, please contact Managing Director Benjamin Gordon at (561) 932-1601, email Ben@bgsa.com, or visit www.BGSA.com.

BGSA provides investment banking services through BG Strategic Advisors LLC, a registered broker-dealer and member of FINRA and the SIPC.

ZMC Acquired Controlling Stake in IT Renew

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BG Strategic Advisors Announces that ZMC Acquired Controlling Stake in IT Renew; Investment will Support IT Renew’s Continued Innovation in Data Security and Data Center Lifecycle Management

West Palm Beach, FL – November 2, 2017 – BG Strategic Advisors (“BGSA”) is pleased to announce that IT Renew has sold a controlling stake in the Company to affiliates of private equity firm ZMC. Founded in 2000, IT Renew (“ITR” or the “Company”) is a leading global IT lifecycle management solutions provider, specializing in data center decommissioning and data erasure and security services. The Company’s technology-driven approach streamlines traditional data center decommissioning processes to deliver superior data and asset security, value recovery and IT sustainability. Headquartered in Silicon Valley, IT Renew’s proprietary, software-driven platform, Teraware, was built in close collaboration with the world’s leading cloud and hyperscale datacenter operators. More than 200 customers utilize IT Renew’s solutions in over 40 countries across five continents through a global network of Company-owned and operated facilities.

Upon closing of the transaction, Aidin Aghamiri will take over as Chief Executive Officer of IT Renew and founder Mostafa Aghamiri will remain involved as Chairman.

“The ZMC team values and supports IT Renew’s mission to provide the market-leading service and best-in-class products that has defined us for the last 17 years,” said Aidin Aghamiri. “We are thrilled to have a partner who will continue to champion aggressive investments in our Company and customers, and who has a proven track record of taking technology-enabled services companies to the next level of success.”

“IT Renew has incredibly strong client relationships, industry-leading service and software, and a culture characterized by entrepreneurial spirit and accelerating momentum—all critical to our investment decision,” said Andrew Vogel, Managing Partner at ZMC. “ZMC has been impressed by the Company’s growth and is committed to supporting ITR’s investments in service and innovation. The acquisition of IT Renew emanates from ZMC’s focus on the shift to cloud computing and data security as investment themes which will continue to drive growth for the Company’s services and addressable market.”

Wells Fargo Securities, LLC and BG Strategic Advisors, LLC acted as financial advisors and Moore & Van Allen PLLC acted as legal advisor to IT Renew. Sidley Austin LLP acted as legal advisor to ZMC.

About ZMC

ZMC is a leading private equity firm comprised of experienced investors and executives that invest and manage a diverse group of media and communications enterprises. Founded in 2001, ZMC’s investment philosophy centers on operational value creation driven by targeted investment themes, deep sector expertise, and strong partnerships with industry and operating executives. ZMC approaches its investments in collaboration with management teams and has a successful track record of actively adding value to portfolio companies. ZMC is currently investing out of ZMC II, L.P. www.zmclp.com

About IT Renew

Headquartered in the heart of Silicon Valley, IT Renew supports the data erasure and data center decommissioning needs of some of the most large-scale, data-rich, privacy-focused organizations in the world. The Company’s technology-driven approach streamlines traditional data center decommissioning processes to deliver superior data and asset security, value recovery and IT sustainability. IT Renew was designated a Visionary in the Magic Gartner Magic Quadrant for IT Asset Disposition, Worldwide and named to the 2016 Inc. 5000, finishing among the top 10 percent of all ranked companies in gross revenues.

About BG Strategic Advisors

BGSA is the leading M&A advisory firm focused on the logistics and supply chain industry.  The firm specializes in providing CEOs in the logistics and supply chain industry with the tools to maximize their company’s value.  BGSA has completed several well-known supply chain deals, including the sales of Converge to Arrow Electronics, Dixie Warehouse Services and Wilpak to Jacobson Companies, the PWC Logistics acquisitions of Trans-Link and Transoceanic, the Churchill sale to BirdDog, the Raytrans sale to Echo Global, the Unicity sale to PBB, the Air-Road sale to Reliant Equity, and many others.

For more information, or to explore a sale, merger, acquisition, capital raise, or other strategic initiative for your company, please contact Managing Director Benjamin Gordon at (561) 932-1601, email Ben@bgsa.com, or visit www.BGSA.com.

BGSA provides investment banking services through BG Strategic Advisors LLC, a registered broker-dealer and member of FINRA and the SIPC.

Jin Jiang International Holdings Co., Ltd

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BG Strategic Advisors Announces that Jin Jiang International Has Completed the Acquisition of BGSA Client YRC Worldwide Inc.’s 50% Interest in JHJ International Transportation

West Palm Beach, FL – March 31, 2016 – BG Strategic Advisors (BGSA) is pleased to announce that Jin Jiang International Holdings Co., Ltd. (Jin Jiang International), through its subsidiary Balance Global Limited, has completed the acquisition of BGSA client YRC Worldwide Inc.’s (YRCW) 50% interest in JHJ International Transportation Co., Ltd., (JHJ). The purchase provides Jin Jiang International with 100% ownership of JHJ and completes YRCW’s strategy of divesting non-core international assets. The sale represents BGSA’s first sale of a mainland Chinese company.

In July 2011, YRCW management implemented strategies focused on increasing profitability in its North American less-than-truckload ground transportation business. In 2012, YRCW divested non-core assets including its full truckload business and a China based trucking company. The sale of YRCW’s equity stake in JHJ to Jin Jiang Investment represents the last remaining non-core international asset in this series of divestitures.

JHJ is a mainland China-based asset-light 3PL and freight forwarder providing services including international ocean and air freight forwarding, warehousing, truck brokerage, customs brokerage, supply chain management, quality control, and other asset-light 3PL services. The Company increasingly specializes in the higher-margin segments of forwarding and logistics, including the transport of oversized project cargo, integrated warehouse operations, individually engineered transportation and logistics solutions, and complete supply chain integration. JHJ has over 1,200 employees and 77 client service locations in major Chinese cities such as Shanghai, Beijing, and Wuhan.

About YRCW

YRCW, headquartered in Overland Park, Kansas, is the holding company for a portfolio of less-than-truckload (LTL) companies including YRC Freight, YRC Reimer, Holland, Reddaway, and New Penn. Collectively, YRCW companies have one of the largest, most comprehensive LTL networks in North America with local, regional, national and international capabilities. Through their teams of experienced service professionals, YRCW companies offer industry-leading expertise in flexible supply chain solutions, ensuring customers can ship industrial, commercial and retail goods with confidence. YRCW is listed on the NASDAQ under the ticker YRCW.

About Jin Jiang International

Jin Jiang International is one of the leading travel and hospitality conglomerates in China, with revenue and assets of approximately USD 9 billion and 6 billion, respectively.

Jin Jiang International has three core businesses: hotel management and investment, tourist services, and transport and logistics. It holds directly/indirectly four listed corporations: Jin Jiang Hotels (2006 HK), Jin Jiang Development (A share 600754, B share 900934), Jin Jiang Investment (A share 600650, B share 900914) and Jin Jiang Travel (B share 900929).

Jin Jiang International has extensive business and equity partnership with prestigious hotel groups such as Marriott, Hilton, InterContinental, Fairmont Raffels, Accor as well as over two dozens of globally renowned corporations such as Japanese Mitsui, JTB, UK HRG, and Swiss Les Roches Hotel Management College.

Quality One Wireless Acquires PCD

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BG Strategic Advisors Announces that Quality One Wireless, LLC Has Acquired BGSA Client Personal Communications Devices, LLC

West Palm Beach, FL – October 22, 2013 – BG Strategic Advisors (“BGSA”) is pleased to announce that Quality One Wireless, LLC (“Q1W”), a global leader in wireless distribution, has acquired BGSA client Personal Communications Devices, LLC (“PCD”), a leading provider of wireless devices to service providers in the Americas for more than 25 years. The purchase completes Q1W’s “stalking horse bid” to acquire substantially all of the operating business assets of PCD through a sale under Section 363 of the U.S. Bankruptcy Code. The purchase price of the acquisition was in excess of $125 million, and the companies will operate under the Quality One Wireless brand.

“PCD’s products and market segments are an ideal fit for our global distribution channels,” said John Chiorando, President and Chief Executive Officer of Q1W. “Acquiring PCD allowed a natural extension of our core business, and will accelerate the product and market penetration strategies that benefit our global Telecom customers.”

The completion of the transaction unites two wireless industry leaders to provide carriers, OEM’s and other wireless technology partners with a rich array of distribution, go-to-market, and product life cycle solutions across the globe.

“This acquisition brings together very complementary capabilities and distribution channels to dramatically increase the overall value added to device makers, telecom carriers, and retailers alike,” said George Appling, President and CEO of PCD. “We are confident that it will result in an expanded customer base to include both the traditional Tier 1 carrier focus of PCD and the regional carrier and dealer focus of Quality One. Moreover, both companies have been aggressively growing their accessories and M2M businesses and that focus will continue.”

About Personal Communications Devices

A global gateway for its technology partners throughout the Americas, PCD provides both carriers and manufacturers a rich array of product life cycle management services that includes planning and development; inventory; technical testing; quality control; forward and reverse logistics; sell-in and sell-thru, marketing & warranty support.  Its extensive portfolio of high-quality and versatile wireless devices includes feature phones, smartphones, tablets, mobile hotspots, modems, routers, fixed wireless, M2M, GPS, and other innovative wireless connectivity devices and accessories.  PCD is based in Hauppauge, New York; and maintains operations facilities in Brea, California; and Toronto, Canada.

About Quality One Wireless

Quality One Wireless is a leading global distributor of wireless handsets, accessories, and communication equipment throughout North America, South America, and the Caribbean, providing one-point product and device solutions. The company specializes in customized solutions that include refurbishing, repair, and distribution of wireless devices. Collaborating with industry partners, our team develops optimum mobility strategies to maximize benefits and minimize your risks. We ensure satisfaction through innovative products and superior services.  Based in Orlando, Florida, Quality One Wireless offers complete solutions to wireless operators, MVNO’s, insurance providers, retailers, dealers, wholesalers, and e-commerce partners.