ELWOOD, Ill.--(BUSINESS WIRE)--Red Arts Capital, a Chicago-based investment firm focused on the supply chain and logistics sector, announced today that one of its portfolio companies, Partners Warehouse Holdings, LLC (“Partners Warehouse” or “Partners”) has appointed Stefan Freeman as its new Chief Executive Officer. Partners Warehouse is a leading provider of value-added warehousing services in the Midwest and Southern California markets. Mr. Freeman’s appointment highlights Red Arts Capital’s deep expertise in the supply chain and logistics sector and the firm’s continued focus and commitment to partnering with and stewarding founder- and family-owned companies.
Mr. Freeman brings over three decades of distinguished career experience in warehousing and supply chain-related services, including serving as CEO of Reed’s, a US-based manufacturer of soft drinks and candies, Vice President of Fleet Operations North America for Coca-Cola Refreshments, and Director of Sales Operations for Dr. Pepper Snapple Group, where he oversaw and operated the division’s warehouses across the United States.
“I am thrilled to join the Partners Warehouse Holdings team,” said Mr. Freeman, “and I look forward to helping guide the business through an exciting chapter of growth and expansion. Partners provides a unique service offering to the marketplace which is based upon strong customer service and a family-oriented culture.”
“Stefan has a unique combination of experience, skillsets, and vision that we believe will propel Partners Warehouse Holdings to new heights during a particularly dynamic moment in the contract logistics industry,” said Anthony Barber, Chairman of Partners Warehouse, and an Operating Partner at Red Arts Capital. “We are delighted to have him on board and believe his leadership style makes him the ideal person to lead our company forward.”
Red Arts Capital first announced its acquisition of Partners Warehouse in August of 2022. Since its initial investment, the warehousing company has doubled in size through its add-on acquisition of Flex Logistics, a Southern California-based warehousing company. Today, Partners Warehouse operates approximately 2 million square feet and is a key player in value-added warehousing in the United States, offering a range of services, including fulfillment, transloading, drayage, transportation, and other value-added services.
About Partners Warehouse Holdings
Partners Warehouse Holdings (“Partners Warehouse” or “Partners”) is an Elwood, IL-based warehousing service provider renowned for its exceptional customer service culture and a legacy of delivering value-added warehousing and logistics solutions. The company has regional hubs in the Midwest (Partners Warehouse) and Western US (Flex Logistics). As a key player in third-party logistics, Partners Warehouse boasts decades of expertise in warehousing, distribution, transloading, fulfillment, transportation, and value-added services. For more information about Partners Warehouse Holdings, please visit www.partnerswarehouse.com.
About Red Arts Capital
Based in Chicago, Illinois, Red Arts Capital, a leading private equity firm with approximately $300 million in AUM, is focused on investing in supply chain and logistics-related businesses. Red Arts Capital seeks to partner with and invest in privately-owned, primarily family-owned, multi-generational businesses with solid business fundamentals and a strong track record and reputation. With sector expertise and a commitment to stewardship and excellence, Red Arts Capital’s approach earns the firm a trusted seat at the table with portfolio companies, investors, and partners. For more information about Red Arts Capital, please visit www.RedArtsCapital.com.