February 11, 2016
Dicom Transportation Group Acquires Advanced Distribution
Dicom expands final mile footprint to the Midwestern United States
CHICAGO, IL, February 11, 2016 – Wind Point Partners (“Wind Point”) announced today that portfolio company Dicom Transportation Group, a leading provider of business-to-business (“B2B”) expedited transportation services, has expanded its leading last mile network to the Midwestern United States through the acquisition of Advanced Distribution.
"Advanced represents our largest add-on acquisition to date and significantly expands Dicom’s scope of service."
-Konrad Salaber, Principal
Advanced Distribution (“AD”), an asset-light provider of dedicated delivery services, leverages an extensive network of cross-dock facilities and a large dedicated vehicle fleet to provide final mile delivery services in major metro areas throughout Arkansas, Illinois, Indiana, Iowa, Kentucky, Michigan, Ohio, Oklahoma, Tennessee, and Wisconsin. AD serves a wide variety of customers ranging from medium-sized businesses to Fortune 500 companies. AD will be aligned with the Express division of Dicom Transportation Group.
Wind Point acquired Dicom in February 2014 in partnership with Scott Dobak, who joined as CEO. Prior to joining Dicom, Scott served as President of RoadRunner Transportation’s LTL and TMS segments, representing a $775 million P&L.
“Advanced Distribution is a perfect fit for Dicom and a very exciting addition to our platform,” said Dobak. “AD complements Dicom’s leading network in the Northeastern U.S. and Eastern Canada, expands our cross border delivery capabilities to the Midwestern U.S., and adds a best-in-class management group to the Dicom team.”
Konrad Salaber, a principal at Wind Point, added, “Advanced represents our largest add-on acquisition to date and significantly expands Dicom’s scope of service. With more than 50 facilities, 2,500 dedicated delivery providers, and well over C$400 million in annual sales, Dicom is emerging as one of North America’s leading transportation and logistics companies.”
Dicom’s acquisition program focuses on acquiring courier, LTL and transportation providers in the United States and Canada. In addition, Dicom is seeking 3PL and brokerage providers who manage transportation, logistics and supply chain functions for businesses in Canada, the U.S. and Mexico.
Kirkland & Ellis LLP served as legal advisor and KPMG LLP acted as transaction advisor to Wind Point and Dicom.