Southfield Capital Partners with Alba Wheels Up
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GREENWICH, Conn., March 16, 2021 /PRNewswire/ -- Southfield Capital, a premier lower middle market private equity firm, announced today its partnership with Alba Wheels Up ("Alba" or the "Company"), a logistics services company providing customs brokerage, freight forwarding, and other related services for U.S. importers and exporters. The Company's owners, Salvatore and Damien Stile, will remain in their existing leadership roles post-close. The Alba partnership represents the first platform investment from Southfield Capital III LP.
Alba provides customs brokerage, freight forwarding, trade compliance and other logistics services across key end markets, including apparel and accessories, pharmaceuticals, industrial, and food and drugs. The Company enables its clients to efficiently import and export goods to and from the United States and properly navigate the complex logistics landscape. Alba leverages its extensive regulatory and customs knowledge along with its logistical network of carriers and agents to ensure goods are moved expeditiously and accurately. Alba is headquartered in Valley Stream, NY, and has additional offices in California, New Jersey and Texas.