Wind Point Partners and portfolio company A&R Logistics have announced the acquisition of First Choice Logistics, a bulk liquid transportation and logistics company. This will be A&R's first entry into liquid chemical supply chain services.
First Choice provides over-the-road bulk transportation, ISO intermodal services, and other logistics solutions to some of North America's largest producers and converters of liquid chemicals. The company was founded in 1987 by Richard Jousma, operating as an independent unit of Ozinga Brothers, a Chicago-based provider of cement, energy and related solutions. The entire First Choice leadership team will join A&R when the acquisition is complete.
"We are thrilled to welcome the First Choice employees to the A&R team and congratulate the Jousma and Ozinga families on building such a great liquid transportation platform," stated Mark Holden, CEO of A&R.
Luke Jousma, vice president of First Choice, expressed his thanks to the Ozinga family, “who have been such great partners to us over the past 30 years. We are excited to join the A&R family and we are eager to expand the liquid platform through organic and acquisition growth."
Wind Point Partners acquired A&R in May 2019. This transaction represents the third add-on for A&R under Wind Point's ownership, following the additions of Blue Water Plastic Transport in June 2019 and Plantgistix in November 2019.