STG Logistics has acquired the intermodal division of XPO Logistics, one of the largest providers of container transportation services in North America. The combined business, which will go to market as STG Logistics, will stand as North America's leading provider of seamless, fully integrated, port-to-door containerized logistics services including drayage, transloading, warehousing, fulfillment, rail transportation, and associated final mile distribution. As part of this transaction, STG, a portfolio company of Wind Point Partners since 2016, was recapitalized by Wind Point as well as funds managed by Oaktree Capital Management, including Oaktree's Transportation Infrastructure Investing and Global Opportunities Group.
Paul Svindland, STG CEO, and Geoff Anderman, STG president and CFO, will continue to lead the company. Todd Larson, STG COO, will lead the legacy STG operations as executive vice president of STG and COO of STG's Distribution segment, and Paul Smith, former
