AUGUST 18, 2023, NEW ORLEANS, LA – TTi Logistics (“TTi”), a third-party logistics business, announced its acquisition by LongueVue Capital (“LVC”), a private equity firm based in New Orleans.
Headquartered in Jacksonville Beach, FL, with its primary distribution center in Fairfield, NJ, TTi is an asset light third-party logistics business that provides white-glove transportation, storage, and installation services for time sensitive high value products and retail displays. TTi provides a broad array of B2B logistics services to support its customers’ marketing and fulfilment needs and specializes in sample management, trade shows, special events, retail installations, and healthcare.
Founded in 1996, TTi has experienced significant growth over the past two decades and today serves customers nationally from its two Northeast-based facilities, network of cross-docks and third-party agents across the US and internationally, and corporate headquarters in Florida.
Jeff Rossier, CEO & Founder of TTi, commented, “My team and I could not be more excited about our partnership with LongueVue Capital and the opportunities it creates. LVC’s culture, experience, industry knowledge, and strategic resources make them the ideal partner for TTi. We are very well positioned to continue our growth trajectory and build upon our past successes to provide even greater value to our customers well into the future.”
“A key area of focus for our transportation and logistics strategy at LVC is specialized niche transportation; and with its national network, leading delivery and performance metrics, and a customer base that includes category leaders, TTi represents a compelling opportunity for LVC,” commented Scott McWilliams, LVC’s Transportation & Logistics Operating Partner. “I am very excited to welcome Jeff and the TTi team to LVC as our third T&L platform in the past two years.”
“LongueVue Capital is thrilled to cement its partnership with TTi,” added Ray Jeandron, Managing Partner at LongueVue Capital. “TTi’s broad operational capabilities, impressive track record of execution, and customer-centric focus make it a leading provider of white-glove transportation services in a number of strategic end markets. We look forward to working with the team to continue its expansion.”
Harbor View Advisors (“HVA”), a middle and lower middle market investment banking firm, served as the exclusive financial advisor to TTi Logistics. Based in Neptune Beach, FL, Harbor View Advisors provides M&A advisory, turnkey corporate development, and strategic consulting to clients in the Industrials, B2B Tech & Services, and Financial Services & Tech industries. Within the Industrials practice, Harbor View works with companies that focus on industrial products & services, niche manufacturing & logistics, staffing & workplace safety, automated solutions, data capture & analysis and test & measurement offerings.
“It was important to me that I engage a regional firm that would successfully lead TTi through the company sale process”, commented Mr. Rossier. “HVA and its professionals guided us throughout, executing a time-tested competitive process resulting in our partnership with LVC. We could not be more pleased with the outcome.” To learn more about TTi Logistics and their services, please visit https://ttitransportservices.com/
About LongueVue Capital
Founded in 2001, LongueVue Capital is a New Orleans-based private equity firm focused on providing human and financial capital, leveraging a proven 20+ year track record of partnering with entrepreneurs and management teams to drive value creation in middle market companies. Having managed approximately $1 billion of committed capital spanning four funds, coupled with 150 years of combined operating and investing experience, the LVC team is an ideal partner for middle-market companies at inflection points and seeking to maximize value for all stakeholders. LVC has made successful investments in a wide variety of industries including food and beverage, specialty packaging, consumer, healthcare, transportation and logistics, and precision manufacturing. For more information on LongueVue Capital, please visit lvcpartners.com.
About Harbor View Advisors
Harbor View Advisors provides M&A advisory, turnkey corporate development, and strategic consulting to innovative companies. Our unique approach combines the strategic thinking of a consulting firm with the execution expertise of an investment bank to provide clients with the full spectrum of guidance they need to achieve their goals.
*This testimonial may not be representative of the experience of other clients and there is no guarantee of future performance or success.
.png)
Acquired By
