Xpress Global Systems, LLC
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Xpress Global Systems, LLC - overview
Established
1986
Location
Chattanooga, TN, US
Primary Industry
Logistics & Distribution
About
Xpress Global Systems, LLC provides logistics solutions primarily for the flooring industry, specializing in Less Than Truckload (LTL) shipping and warehousing services to enhance the efficiency of supply chain management. Founded in 1986 and headquartered in Chattanooga, US, Xpress Global Systems, LLC focuses on logistics services for the flooring market. The company was acquired by Aterian Investment Partners in December 2018 from Mosaic Management, LLC and Panton Equity Partners. CEO Dan Martin leads the organization, which has completed three deals to date, with its most recent deal occurring on December 21, 2018.
Xpress Global Systems, LLC (XGS) specializes in comprehensive logistics solutions for the flooring industry. Its core offerings include specialized Less Than Truckload (LTL) shipping, warehousing, and custom logistics solutions that facilitate efficient movement and management of flooring products from manufacturers to retailers and installers. The company's agile distribution network ensures nationwide inventory management, enabling clients to respond swiftly to customer demands while minimizing delays and damage during transit. XGS serves a diverse client base of independent retailers, regional and national retailers, and professional installers across the continental United States.
Xpress Global Systems operates on a business-to-business (B2B) model, generating revenue through a variety of logistics services tailored for flooring distributors and retailers. Clients engage with XGS for specialized LTL shipping and warehousing solutions, structured through service agreements that detail specific terms and pricing based on shipment volume and service frequency. For example, a flooring retailer may partner with XGS to manage inventory across multiple locations, using the company's distribution model to streamline delivery processes. Contracts typically specify negotiated rates that align with product transportation and storage volumes, ensuring reliable performance while catering to the unique needs of each client.
Following its acquisition in December 2018, Xpress Global Systems, LLC plans to invest in key growth and optimization initiatives to strengthen its position in the floor covering logistics sector. The company aims to enhance its service offerings and is expected to explore expansion into new geographic markets. Specific targets for this expansion have not been disclosed, but the management team is focused on utilizing the resources from the recent acquisition to drive these initiatives.
Current Investors
Aterian Investment Partners
Primary Industry
Logistics & Distribution
Sub Industries
Warehouses, Trucking
Website
www.xgsi.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Xpress Global Systems, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Xpress Global Systems, LLC | - | ||||||||
| Add-on | Completed | SSBB Inc. | - | ||||||||
| Secondary Buyout | Completed | Xpress Global Systems, LLC | - | ||||||||
| Private Debt | Completed | Xpress Global Systems, LLC | - | ||||||||
| Buyout | Completed | Xpress Global Systems, LLC | - |
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