Norwest Mezzanine Partners Invests in The Jacobson Companies
April 07, 2004
Norwest Mezzanine Partners invested $17.0 million of senior subordinated debt inThe Jacobson Companies (“Jacobson”), a leading national third party logistics and warehousing company that is dedicated to helping customers manage their supply chain management activities. Jacobson is comprised of six integrated operating companies: Jacobson Warehouse Company, Jacobson Transportation Company, Jacobson Logistics Company, Jacobson Packaging Company, Jacobson Staffing Company, and Jacobson Investment Company. Working together, the operating companies serve the needs of leading manufacturing companies, providing full-service, seamless solutions to the complexities of supply chain management and helping clients achieve a greater return on assets. Jacobson’s integrated trucking company, warehousing service, and contract packaging are designed to help customers reduce supply chain costs.
Norwest Equity Partners served as the private equity sponsor on this transaction. Visit www.nep.com for more information.