Trending...
- Parksy (parksy.com) Tackles the Most Common Parking Problem Nobody Talks About: Finding the Car Again
- 3ptechies Partners with Coolmuster to Give Away Data Recovery Software Licenses
- Sales Blueprint Architect Launches, Helping Sales Professionals, Business Owners, and Consultants Close More Business With AI
Large US & Mexican logistics acquisition expected to close this quarter along with construction of a cross-docking & transloading 3PL warehouse location in Laredo, Texas.
SHERMAN OAKS, Calif. - ncarol.com -- SecurCapital Corp, a holding company operating portfolio companies in logistics and financial services, is preparing for a significant portfolio enhancement benefiting shareholders and investors before the close of the first quarter of 2022.
The company is conducting due diligence under an LOI and Stand Still agreement and is expected to soon officially announce the acquisition of controlling interest of a Laredo-headquartered and Mexico City-based customs broker and freight forwarder with nine owned offices throughout Mexico, including key border crossings with the U.S., inland and at seaports offering full service operations in Mexico.
SecurCapital Corp. CEO Stephen Russell emphasized the new company will be a critical strategic fit for the group. "With our portfolio company B.I.G. Logistics' footprint already in all major Texas markets and operations in El Paso, we have established ourselves as a key player in the U.S. Mexico cross-border trade. With this acquisition, we will add Laredo as an additional crossing point for our customers to leverage. In turn, their clients can take advantage of our 140,000 square foot building in El Paso and a new modern facility serving the southbound and northbound market in Laredo."
More on ncarol.com
Laredo is key to finalizing the Texas and border growth footprint, with planned groundbreaking and construction soon underway on a 230,000 square foot state-of-the-art crossdock and transload facility situated on twenty-five acres. When completed, the facility will be capable of handling upwards of 300 transloads a day crossing the border between the U.S. and Mexico and providing e-fulfillment finished goods service for distribution throughout the USA and Canada.
"Our acquisition target operates in both Laredo and Nuevo Laredo, controlling both sides of the border for transport and customs for its customers," Russell continues. "Adding the experience of B.I.G.'s customs brokerage and our licensed NVOCC and TSA-certified IAC operations, we will be able to help companies reach U.S. and global markets from factories along the border and deeper in Mexico."
Both portfolio companies are IATA air freight forwarders, FMC licensed NVOCC's, FMCSA registered truck brokers, licensed customs brokers and members of Customs and Border Protection's CTPAT cargo security program. The Mexican acquisition is also ISO900:2015 certified.
Well-positioned to take advantage of the tripling of cross-border traffic in 2021, when the Laredo location opens SecurCapital and its portfolio companies will operate more than 750,000 square feet of warehousing, distribution, temperature controlled, pharma-grade, light manufacturing and transloading capable facilities for clients throughout Texas and Mexico.
More on ncarol.com
About SecurCapital Corp
SecurCapital and its investment portfolio operating companies are proven supply chain, financial services, and 3PL warehouse operators and lenders empowering logistics and diverse businesses within domestic and international markets. The company was founded in 2017 headquartered in Los Angeles, CA and is operated by logistics, 'cloud pioneers' and financial services veterans. SecurCapital offers a broad range of services to wholesalers, distributors, and mid-tier logistics enterprises. The company provides lower and middle market businesses and growth companies access to working capital, term loans and mission-critical end-to-end supply chain services. For more information visit http://www.securcapital.com
The company is conducting due diligence under an LOI and Stand Still agreement and is expected to soon officially announce the acquisition of controlling interest of a Laredo-headquartered and Mexico City-based customs broker and freight forwarder with nine owned offices throughout Mexico, including key border crossings with the U.S., inland and at seaports offering full service operations in Mexico.
SecurCapital Corp. CEO Stephen Russell emphasized the new company will be a critical strategic fit for the group. "With our portfolio company B.I.G. Logistics' footprint already in all major Texas markets and operations in El Paso, we have established ourselves as a key player in the U.S. Mexico cross-border trade. With this acquisition, we will add Laredo as an additional crossing point for our customers to leverage. In turn, their clients can take advantage of our 140,000 square foot building in El Paso and a new modern facility serving the southbound and northbound market in Laredo."
More on ncarol.com
- Church Tradition Takes an Unexpected Turn at the Ford Community & Performing Arts Center
- New Book Release Cases From Suite 704
- Redefining Proactive Care: The Rise of the Hybrid Concierge Medical Model
- As Canada and America Turn on Each Other, These Two Authors Stay On Speaking Terms
- GitKraken Names Jim Shaw CEO as Software Teams Move From AI Adoption to Multi-Agent Orchestration
Laredo is key to finalizing the Texas and border growth footprint, with planned groundbreaking and construction soon underway on a 230,000 square foot state-of-the-art crossdock and transload facility situated on twenty-five acres. When completed, the facility will be capable of handling upwards of 300 transloads a day crossing the border between the U.S. and Mexico and providing e-fulfillment finished goods service for distribution throughout the USA and Canada.
"Our acquisition target operates in both Laredo and Nuevo Laredo, controlling both sides of the border for transport and customs for its customers," Russell continues. "Adding the experience of B.I.G.'s customs brokerage and our licensed NVOCC and TSA-certified IAC operations, we will be able to help companies reach U.S. and global markets from factories along the border and deeper in Mexico."
Both portfolio companies are IATA air freight forwarders, FMC licensed NVOCC's, FMCSA registered truck brokers, licensed customs brokers and members of Customs and Border Protection's CTPAT cargo security program. The Mexican acquisition is also ISO900:2015 certified.
Well-positioned to take advantage of the tripling of cross-border traffic in 2021, when the Laredo location opens SecurCapital and its portfolio companies will operate more than 750,000 square feet of warehousing, distribution, temperature controlled, pharma-grade, light manufacturing and transloading capable facilities for clients throughout Texas and Mexico.
More on ncarol.com
- Brévant Guide Launches New National Restaurant Guide Across Canada
- Free JavaScript Charting Library ProEssentialsJS Permits Commercial Use. Highcharts, SciChart and LightningChart Free Tiers Do Not
- Mito Health Passes One Million Lab Tests, Expands to Seven Categories of Preventive Health Testing
- VC Fast Pitch and Steamwork Ventures Bring Startup & Investor Networking Event to Santa Barbara on October 8
- Volant Announces Major Partnership with the STEM Racing Canada Program to CHAMPION YOUTH ENGINEERING
About SecurCapital Corp
SecurCapital and its investment portfolio operating companies are proven supply chain, financial services, and 3PL warehouse operators and lenders empowering logistics and diverse businesses within domestic and international markets. The company was founded in 2017 headquartered in Los Angeles, CA and is operated by logistics, 'cloud pioneers' and financial services veterans. SecurCapital offers a broad range of services to wholesalers, distributors, and mid-tier logistics enterprises. The company provides lower and middle market businesses and growth companies access to working capital, term loans and mission-critical end-to-end supply chain services. For more information visit http://www.securcapital.com
Source: SecurCapital Corp
0 Comments
Latest on ncarol.com
- Comics Veteran on Return of Teenage Mutant Ninja Turtles Characters, 3-D Projects, Collaboration with Original 'Star Wars' Toy Engineer
- Flexible Plan Investments Announces Retirement of Executive Vice President Renée Toth
- Sensory Education launches new neuro-affirming psychoeducation book, Sensory Diversity
- Break the Resume Mold: Career Valet Changes How Executives Hunt for Jobs
- Who Is KayeDinero? Asheville Artist Answers With New Singles K-Mart, Grace and Been Famous
- James Dooley Named King of AEO at Ceremony in Leigh, England
- Calling all healthcare process experts: Share your ideas at #HSPI2027 in Orlando
- Media Alert: Availability of Awadagin Pratt for Interviews
- Central Bag Company Partners with WYSIWYG Marketing and Launches a Modern Industrial Website
- DuoKey launches the World's First Agentic Crypto Agility Platform
- Asheville Inspires KayeDinero's Latest Creative Run With Four New Music Releases
- Counterparts Exhibition - Art is Destiny!
- Sales Blueprint Architect Launches, Helping Sales Professionals, Business Owners, and Consultants Close More Business With AI
- Martin Sumichrast Launches New Website Ahead of 'Getting Sheared' Book Release
- Parksy (parksy.com) Tackles the Most Common Parking Problem Nobody Talks About: Finding the Car Again
- 3ptechies Partners with Coolmuster to Give Away Data Recovery Software Licenses
- INAD Warriors' 4th Annual "Dancing with the INAD Stars" Gala
- Charlotte Homebuyers Are Comparing More Than Houses as Regional Competition Expands
- DAZN Review 2026: Streaming Price Worth It?
- Dr. Pen Official Introduces Advanced Microneedling Technology for Precision Skincare at Home