CLIENT

LEGACY Supply Chain Holdings, Inc. (dba LEGACY Supply Chain Services, “LEGACY” or the “Company”) provides outsourced supply chain solutions, including omni-channel and eCommerce fulfillment, serving the North American market. The Company offers services through its value-added warehousing, brokerage, and transportation divisions, serving end markets including retail, industrial, and consumables. LEGACY develops customized logistics solutions that deliver significant cost savings, leading operations capabilities and offer companies immediate access to economies of scale and scope. Exceptional service has yielded long-term client relationships that consist of diverse, name-brand customers.

SITUATION

In July 2016, ownership of LEGACY was transferred to certain affiliates and managed funds of THL Credit Advisors LLC (“THL Credit”). During THL Credit’s ownership, LEGACY’s management team focused efforts on realigning the growth strategy to high potential areas of its core business model, including a refined focus on its value-add strengths such as integrated service operations, complex operational and logistics planning, eCommerce and omni-channel capabilities. Management identified and executed on multiple achievable pathways for driving growth through its existing capability set, infrastructure and customer relationships. Additionally, the Company sourced meaningful new business, drove top and bottom line growth and identified critical high growth end-market opportunities that it is now serving today.

ENGAGEMENT

G2 Capital Advisors, LLC (“G2”) served as the exclusive sell-side advisor to LEGACY, leading a robust, highly tailored process, which ultimately resulted in identifying Eos as the ideal equity partner for the business as it continues to drive growth.

OUTCOME

The transaction was successfully completed through a sale to Eos. Details and terms of the acquisition were not disclosed.

“LEGACY has proven itself as a leading third-party logistics provider and is well positioned to enable the complex supply chain requirements of omni-channel OEMs, retailers and specialty distributors,” said Matt Konkle, Executive Chairman of LEGACY and Sr. Managing Director at G2. “In partnership with G2, the Company has evolved through a period of revitalization and is now poised for significant growth as an investment platform for Eos.”

Mike Glodziak, President and CEO of LEGACY, shared, “We thank G2 Capital Advisors for working alongside us for the past 2+ years. The partnership with G2 and THL was essential to our long-term growth strategy. As a result, LEGACY is well positioned to continue to serve our long-standing client base, expand our footprint in eCommerce fulfillment and omni-channel logistics, and establish leadership position in new and emerging consumer logistics markets.”

“We’re very proud of the improvements that occurred at LEGACY while we were in control of the Company,” said Chris Flynn, CEO of THL Credit. “G2 was instrumental in helping to manage the business at a critical inflection point and find a proper buyer when the Company was in a position to be sold.”

About G2 Capital Advisors

G2 Capital Advisors provides M&A, capital markets and restructuring advisory services to the middle market. We offer integrated, multi-product and sector-focused services by pairing highly experienced C-level executives with specialist investment bankers. We aspire to be the trusted advisor of choice to our clients including corporations and institutional investors.