Quantix a Wind Point Partners ("Wind Point") portfolio firm, announced today that it has acquired CLX Logistics ("CLX" or the "Company"), North America's top supplier chain services provider to the chemical industry. Transportation management solutions, managed services, supply chain consultancy, brokerage, liquid bulk 3PL, intermodal, rail, international services, and cutting-edge technology and analytics products have been offered by CLX to clients in North America and Europe for more than 25 years. Every year, CLX handles $500 million worth of freight.

With its main office located in The Woodlands, Texas, Quantix provides a wide range of supply chain services to the chemical sector. This offering is strengthened by the integration of CLX, which offers managed supply chain solutions and a strong technology stack to assist clients globally in all modes. With over 40 distribution facilities, rail terminals, 3,300 partner carrier agreements, 5,400 owned assets, and over $2 billion in logistics spending combined, Quantix and CLX constitute a platform. Through the acquisition, Quantix will increase its market share in North America and Europe, combining to form one of the major global players in the roughly $100 billion chemical supply chain logistics industry.

"This deal is a significant step for Quantix as a leader in the chemical 3PL market and will bring meaningful value to our customers as we integrate a wide-ranging set of offerings, technology and analytics products into our portfolio," said Chris Ball, President and CEO of Quantix. "We're proud to have the CLX team as part of the Quantix family of companies, and congratulate founder J. Stephen Hamilton on the exceptional business he has built."

Quantix is the company that most closely resembles one that comprehends the logistics requirements of the chemical sector, according to J. Stephen Hamilton, the founder and chairman of the board of CLX Logistics. "We look forward to helping them build even further on what, and how, they deliver for customers through our global presence, advanced chemical logistics expertise and commitment to customer success."

Konrad Salaber, Managing Director at Wind Point, stated, "The CLX team has developed a comprehensive suite of solutions that complement our current offerings to our valued customers." "Adding liquid capabilities to our 3PL offering was a key component of our value creation goal, and via our partnership with CLX, we have grown to become one of our network's largest chemical 3PL companies. We are eager to go on providing our clients with a comprehensive range of services.

In collaboration with board co-chair Mark Holden, a seasoned logistics professional who led Quantix as CEO from 2012 until his scheduled retirement in 2021, Wind Point purchased Quantix (previously known as A&R Logistics) in 2019. Chris Ball, a member of the Quantix leadership team since 2016, was elevated from President to President and CEO in 2021. Chris has over 25 years of expertise in the supply chain and logistics sector.

CLX is the eighth acquisition that Wind Point has made for Quantix. Quantix's acquisition strategy will remain concentrated on acquiring businesses that offer logistics, warehousing, export, and transportation services for dry and chemical bulk to chemical producers and distributors around the country.

With a few notable past investments in Dicom Transportation, STG Logistics, American Trailer Rental Group, Valicor Environmental Services, Smart Care, FreshEdge, and D&H United, Wind Point is a proactive investor in logistics, transportation, and route-based companies.