I Squared Capital (“I Squared”) announced its acquisition of IWLA Warehouse Member WOW Logistics (“WOW”) recently. Founded in 1977 by Harold Schiferl and Don Utschig as Warehousing of Wisconsin, WOW operates 25 facilities across Wisconsin, Minnesota, Illinois, Idaho, and Washington offering an extensive portfolio of services including temperature-controlled warehousing, real estate development, and transportation alongside other logistics solutions. Over the past 45 years, WOW has grown in tandem with its customers, developing a reputation for consistent and highly responsive service that has resulted in deep and enduring customer relationships in the North American dairy industry.

 

“We took great care in our approach to finding the right partner who not only shared our values and would preserve the legacy that WOW has built serving the Midwest dairy industry over the last 45 years, but also one who shared our vision. We are thrilled about our partnership with I Squared. Their global portfolio and ecosystem of tech-enabled investments will open up new avenues for growth and innovation, allowing us to accelerate our growth, enhance our operations, and expand the reach of our customers," says Howard Kamerer, CEO of WOW Logistics. Read more here.