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Oct 6, 2022

On October 6, 2022, Pritzker Group Private Capital (“Pritzker Group”) announced its acquisition of Kenco Logistics (“Kenco”), one of North America’s leading third-party logistics (“3PL”) providers and preferred supply chain partner to market-leading customers across the United States.

Pritzker Group will invest alongside members of the Kenco management team to provide Kenco with additional financial resources and expertise to accelerate its growth, scale its innovative offering and strengthen its leadership as a world-class 3PL provider.

Pritzker Group partners with middle-market companies based in North America with leading positions in the manufactured products and services sectors. They specialize in building businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies.

Operating with a national footprint, Kenco provides integrated supply chain management solutions that include outsourced distribution, warehousing, omni-channel fulfilment, transportation management and material handling services—all engineered for Operational Excellence.

McMillan acted as Canadian counsel to the Pritzker Group in connection with this cross-border transaction. Brett Stewart led the multidisciplinary team to the delivery of a favourable transaction for our client, with support from Philip Vineberg, Michael Friedman, William Wu and Hannah Johnson.

To address our client’s needs and help them stay ahead, the firm’s Mergers and Acquisition (“M&A”) Group, which provides trusted counsel to merging parties and related stakeholders across various industries, joined forces with our Private Equity & Venture Capital Industry Group, Tax Group as well as our fully integrated Competition, Antitrust & Foreign Investment Practice Group. Our legal teams are skilled at structuring and closing complex deals of all shapes and sizes in Canada, the US and internationally, and providing innovative transactional advice and solutions. Our understanding of business imperatives and our relationships with the regulators helps us deliver unmatched value to our clients.