BlueGrace Logistics acquired Anthym Logistics, a freight broker with primary offices in Tampa, Fla., and Chicago. This is the first external transaction for BlueGrace since it partnered with private equity firm Warburg Pincus in 2016 to add investment capital to fuel the rapid growth of its business.
Anthym Logistics was formed in October 2019 out of the merger between Atomic Transportation and Cousins Logistics. The combined entity boasts a bevy of highly respected logistics industry leaders, including Michael Redisch, and Eddie Leshin, a 30-year 3PL veteran with experience at C.H. Robinson, Coyote Logistics and American Backhaulers.
With striking similarities to BlueGrace Logistics in terms of geography and focus, Anthym Logistics maintains a strong presence in the produce industry utilizing refrigerated carriers, which fills a growing demand for BlueGrace customers.
“We are extremely pleased to find a deeply experienced and trusted partner in BlueGrace to continue building value for our exciting roster of customers,” says Eddie Leshin, who will remain at BlueGrace and serve as a senior advisor to the CEO. “With its best-in-class LTL expertise and well-respected managed transportation services platform, BlueGrace can offer the clients we have developed at Anthym Logistics a full suite of technology and reporting capabilities to help manage and grow their businesses.”
As a result of this merger, BlueGrace enhances its commanding presence in its two largest locations, and adds new offices in Boca Raton, Fla., and Birmingham, Ala. With the purchase of Anthym, BlueGrace Logistics will now cover 15 regional and branch locations across the United States.
“I am extremely pleased to announce this strategic transaction,” adds Bobby Harris, BlueGrace Logistics founder and CEO. “The leaders of Anthym Logistics are some of the most highly respected members of the logistics community. With sales expertise across all modes of transportation, BlueGrace is gaining an incredible bevy of supply chain talent that would otherwise require many years to develop internally. We are making a giant leap forward today that will ensure we maintain and even accelerate the momentum that we have developed over the last decade.”
