Angeles Equity Partners Buys Logistics Company Custom Goods

Angeles Equity Partners, a lower-middle market private equity firm, has bought Custom Goods, a third-party logistics company that provides services for B2B customers, from Soundcore Capital Partners.

The terms of the transaction were not disclosed.

Headquartered in Carson, CA., Custom Goods provides customized warehousing and value-added fulfillment, transportation services and examination stations serving the US Customs and Border Protection agency.

The business currently operates over 6.5 million square-feet of warehousing space in logistics hubs across the US.

“The diversification of Custom Goods’ end markets and customers and distinctive service offerings across transportation and logistics make this an ideal investment for us,” said Sam Heischuber, managing director at Angeles Equity Partners.

“The tailwinds in this sector should provide for continued organic growth and also create attractive opportunities for follow-on M&A.”

Simpson Thatcher & Bartlett LLP provided legal counsel to Angeles. RSM US LLP provided transaction advisory services to Angeles. K&L Gates LLP provided legal counsel to Custom Goods. Lincoln International LLC provided transaction advisory services to Custom Goods.