LongueVue Capital and Lake Ten acquires Customized Distribution Services
The deal backs a third-party logistics provider with food-grade warehousing and distribution sites in New Jersey, Pennsylvania, Georgia, Missouri and California.
LongueVue Capital and Lake Ten Capital Partners invested in Customized Distribution Services, a third-party logistics warehousing and distribution provider focused on food-grade facilities. CDS operates 2 million square feet of warehouse space and provides inventory, distribution, fulfillment and value-added services across its sites.
The partnership supports CDS's growth initiatives, geographic expansion and broader service offerings into new markets. "LTCP is very happy to be making its inaugural platform investment in CDS alongside LVC," said Paul Psak, Managing Partner at Lake Ten Capital Partners. Senior leadership will remain in place.
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