Key Takeaways
- • LongueVue Capital and Lake Ten Partners have invested in Customized Distribution Services (CDS), a third-party logistics warehouse and distribution provider based in Wharton, New Jersey.
- • CDS operates approximately 2 million square feet of food-grade warehouse space, according to the primary source.
- • The source does not disclose the size, structure, or terms of the investment.
Summary
LongueVue Capital and Lake Ten have made an investment in Customized Distribution Services (CDS), a third-party logistics (3PL) warehouse and distribution provider headquartered in Wharton, New Jersey. According to the report, CDS operates roughly 2 million square feet of food-grade warehouse space, positioning the company in the temperature-sensitive and food-handling segment of the logistics market.
The available coverage does not specify the investment amount, the stake acquired, or the terms of the transaction. Details on the investors' respective roles, or on any plans for expansion of CDS's footprint, were not included in the source material reviewed.
The available coverage does not specify the investment amount, the stake acquired, or the terms of the transaction. Details on the investors' respective roles, or on any plans for expansion of CDS's footprint, were not included in the source material reviewed.
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