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March 15, 2024Published Article

I Squared Capital Closes Its Acquisition of WOW Logistics, a Leading Logistics and Supply Chain Services Provider in North America

Business Wire

I Squared Capital (“I Squared”), a leading global infrastructure investment manager, announced its acquisition of WOW Logistics (“WOW”), a Wisconsin-based integrated supply chain solutions provider.

Founded in 1977 by Harold Schiferl and Don Utschig as Warehousing of Wisconsin, WOW operates 25 facilities located 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.

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“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," said Howard Kamerer, CEO of WOW Logistics.

Michael Best & Friedrich LLP served as legal counsel to WOW.

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