Trending...
- Omnitronics launches Ecosystem Health Dashboard to enable proactive monitoring across dispatch environments
- New Research Identifies "The Great Junk Transfer": 49% of Americans Would Rather Inherit Nothing Than Sort Through a Relative's Belongings
- UK Financial Ltd Verifies Maya Preferred PRA Circulating Supply, Proving Its Eight-Year Promise of Under 1M Tokens After Chainlink Labs Agreement
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
- Walker's Realty and North Jersey Properties Introduce Extraordinary Luxury Estate for Rent in West Orange, New Jersey
- Extreme Heat Strains Home Appliances: Appliance EMT Offers "Summer Rescue" Relief
- Independent West Texas Metal Multi-Instrumentalist & Producer. "MAD CHAD™" Russell Surpasses 1.9 Million Project Interactions Via DFGS Productions
- No Download Needed: Goosechase Adds Browser Play to Every Experience
- TOLI North America Introduces Hitoe AdVantage Homogeneous Sheet, Anti-Viral Flooring for High-Traffic Spaces
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
- HER Patio Productions celebrates one-year Anniversary of "Say Grace"
- Working Musicians Academy Partners with Black Dog Music Partners to Give Musicians Independent, Income-Producing Careers
- New Thriller Transports Readers to Russia's Remote Kamchatka Peninsula
- Omnitronics launches Ecosystem Health Dashboard to enable proactive monitoring across dispatch environments
- New Research Identifies "The Great Junk Transfer": 49% of Americans Would Rather Inherit Nothing Than Sort Through a Relative's Belongings
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
Filed Under: Financial
0 Comments
Latest on ncarol.com
- K2 Integrity Names Michael Kallabat Global Head of Investigations and Disputes
- Socialhose Eyes Southeast Asia and Rejects the Copy-Paste Expansion Playbook
- $40 Billion Global Market Value by 2030 Projected in Unmanned Aerial Vehicle or Other Drone Technology Sector, Growing at 9.2% Compound Annual Growth
- Charlotte-based Steady Tax & Bookkeeping launches to support small businesses nationwide
- Recreation Ponds: The Next Big Backyard Pond Trend?
- $620 Million in Recent Government Contract Awards with More Than $1.2 Billion in Annualized Revenue: Circle8 Group (N A S D A Q: CIRC)
- Lewis County Hydrogen Alliance Launches Phase 1 Work to Turn Forest Residuals into Fuel-Grade Hydrogen and Dispatchable Clean Power
- Next Gen Fibre Selects netElastic vBNG and CGNAT to Fuel Rapid Nationwide Expansion and Eliminate Network Bottlenecks
- Boston Industrial Solutions, Inc. Introduces SAP-G70 Primer for bonding silicone to silicone and other materials
- 'Reflections: Enlightening Insights Into the Divine Mystery' — The Latest Book by Philosopher Steven Colborne
- Scott G. Hoy of Hoy Law Earns 11th Consecutive Super Lawyers Selection
- L2 Aviation Selected for U.S. Air Force KC-46 CASPER Multiple Award Contract
- Leeds Billboard Campaign Drives 188% Traffic Uplift as AI Enquiries Rise 266% for Loud! OOH
- Sister Files Lawsuit Against Georgia Funeral Home for Alleged Mishandling of Brother's Remains
- KeysCaribbean Resorts Offer Savings On Summer Vacations Now Through Aug. 31
- Crossroads4Hope Announces The Lipschutz Women's Fund
- Handmade Coverlet Returns Home to Piedmont Crossing
- AI, Drones, Defense & Explosive Growth: Why ZenaTech Is Emerging as One of the Most Compelling Technology Growth Stories (N A S D A Q: ZENA)
- 91 Per Cent of Enterprises Will Increase AI Spending. Most Can't See the Cost — or the Risk!
- VINCE Lifestyle Magazine Announces Virtual "Health, Wealth & Wellness Summit"

