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Announced

Wind Point Partners-backed Quantix completed the acquisition of CLX Logistics from Brown Gibbons Lang & Company.

Synopsis

Wind Point Partners-backed Quantix completed the acquisition of CLX Logistics, a provider of transportation management systems, managed services, supply chain consulting, brokerage, liquid bulk 3PL, intermodal, rail, international services, and industry-leading technology and analytics products to customers across North America and Europe, from Brown Gibbons Lang & Company, independent investment bank and financial advisory firm. Financial terms were not disclosed. Quantix and CLX collectively form a platform with more than $2bn in logistics spend and have approximately 5.4k owned assets, over 40 distribution centers and rail terminals, and 3.3k partner carrier relationships. The acquisition will grow Quantix's presence in North American and European markets, making the combined company one of the world's largest providers in the nearly $100bn global chemical supply chain logistics market.

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