R.L. Hulett Advises Copp on its Sale to Warehouse Services
R.L. Hulett (“RLH”) is pleased to announce that its client, Copp of St. Louis, Inc. (“Copp”), has been acquired by Warehouse Services, Inc. (“WSI”). In this transaction, RLH acted as exclusive financial advisor to the Seller.
About Copp
Headquartered in St. Louis, Missouri, Copp is a leading provider of intermodal, less-than-truckload (LTL), and full truckload (FTL) transportation services. Copp serves as a Container Freight Station (CFS) for various freight forwarders and brokers and as a Centralized Exam Station (CES) of the U.S. Customs and Border Protection. Since its founding 35 years ago, the Company has developed a strong reputation for quality and reliability, driven by a track record of on-time delivery and quality service. Copp’s excellent reputation has led to steady growth and a large, diverse customer base.
Travis Greene, Owner and CEO, was seeking liquidity and a buyer with new capabilities, a larger service footprint, and enhanced sales and marketing resources to further Copp’s growth. Upon closing the transaction, Travis said:
“We are excited to partner with the WSI team and look forward to the next chapter of growth for Copp’s employees and customers. We are grateful to all those employees who have played a vital role in getting the company where it is today and look forward to exciting things ahead. Thank you to the R.L Hulett team for their guidance in this complex process. We could not have done this without their expertise.” – Travis Greene, Owner and CEO
About WSI
WSI provides end-to-end supply chain solutions across various industries, including automotive, specialty chemicals, and industrial markets. The company operates distribution centers offering warehousing, distribution, and fulfillment services, with custom solutions for complex supply chains. WSI also provides value-added services such as packaging, blending, kitting, repackaging, labeling, and inspection for industries such as plastics, automotive, apparel, and consumer goods.
In 2023, WSI enhanced its cross-border capabilities through the acquisition of Sky Transportation Services, a truckload carrier specializing in dry-van freight in the Southwestern US, including cross-border trade between the US and Mexico. In 2021, WSI acquired Total Logistics, Inc., which provides final-mile distribution, brokerage, and warehousing across the Midwest and mid-Atlantic.
RLH
R.L. Hulett is a St. Louis-based middle market investment bank providing sell-side and buy-side M&A advisory, capital markets advisory, and valuation services to business owners and private equity executives. Founded in 1981, RLH has advised on over 280 transactions across a number of industries. In this transaction, RLH advised the Seller and facilitated the sale process by preparing marketing materials, contacting strategic and financial buyers, and negotiating with prospective suitors throughout the process.
For more information regarding this transaction, please contact:
Managing Director
(314) 721-0608
thulett@rlhulett.com