Simpson Thacher represented Angeles Equity Partners in connection with its acquisition of Custom Goods, LLC and its affiliates (“Custom Goods”), a third-party logistics company that offers an integrated suite of logistics services to its business-to-business customers. The transaction closed on July 19, 2023. The financial terms of the transaction were not disclosed.
Custom Goods is headquartered in Carson, California and is a provider of customized warehousing and value-added fulfillment, transportation solutions and centralized examination stations serving the United States Customs and Border Protection agency. The business currently operates over 6.5 million square feet of warehousing space in critical logistics hubs across the United States and has cultivated a long-tenured and diversified base of Fortune 500 customers.
The Simpson Thacher team included Gregory Klein, Jonathan Conigliari, Koh Tanimoto, Kristin Rulison, Mariella McCormack and Ted Schneider (M&A); Sophie Staples and Lina Pan (Tax); Tristan Brown, Harry Hudesman and Ryan Kenny (ECEB); Melanie Jolson and Mark Natividad (Intellectual Property/Privacy); Dennis Loiacono (Real Estate); Peter Guryan, James Goldfeier and Kelly Karapetyan (Antitrust); Michael Isby (Environmental); and Steven DeLott (Insurance).