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Transactions - MARCH 27, 2024

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I Squared Capital takes ownership of WOW Logistics

by Kali Persall

I Squared Capital has acquired WOW Logistics, a Wisconsin-based integrated supply-chain solutions provider. Financial terms of the transaction were not disclosed.

WOW is one of the largest food-grade, temperature-controlled and ambient-storage operators in North America, operating a network that spans more than 223 million cubic feet of capacity. That network serves as a critical link in the supply-chain infrastructure needs of its customers.

The company was founded in 1977 by Harold Schiferl and Don Utschig as Warehousing of Wisconsin and now operates 25 facilities located across Wisconsin, Minnesota, Illinois, Idaho and Washington. It offers an extensive portfolio of services including temperature-controlled warehousing, real estate development and transportation, alongside other logistics solutions.

“WOW Logistics is a great example of a family-owned business that has served its customers with excellence for decades,” said Gautam Bhandari, CIO and managin

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