Alba Wheels Up Secures Strategic Acquisition with North Coast Logistics
Deal News | Mar 18, 2025 | Southfield Capital Advisors LL
Alba Wheels Up, supported by Southfield Capital, has announced the acquisition of North Coast Logistics (NCL) as part of an expansion strategy within the wine and spirits logistics sector. This move aims to enhance Alba's existing Cobalt Wine Logistics business unit by integrating NCL's services, which specialize in over-the-road distribution of wine, thus expanding transport capabilities and service offerings. NCL, led by Tammie and Travis Pisors in Petaluma, CA, brings 25 years of expertise in the domestic wine sector. The acquisition marks Alba's fifth since collaborating with Southfield Capital, which focuses on lowering middle market companies and expands the firm's presence in the food and beverage logistics industry.
Sectors
- Logistics and Transportation
- Private Equity
- Wine and Spirits
Geography
- United States – All companies involved are based in the United States, including Alba Wheels Up in New York, North Coast Logistics in California, and Southfield Capital. The logistics operations are particularly concentrated in California's wine regions.
Industry
- Logistics and Transportation – The article is centered on the logistics and transportation sector, highlighting services like customs brokerage, freight forwarding, and logistics solutions within the wine and spirits industry.
- Private Equity – The involvement of Southfield Capital, a private equity firm, in supporting Alba Wheels Up's acquisition of North Coast Logistics links the private equity industry to the article.
- Wine and Spirits – The companies involved, Alba and North Coast Logistics, focus on transportation and logistics within the wine and spirits industry.
Financials
- $4 - 20 million in EBITDA – The target range of EBITDA for companies Southfield Capital invests in.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Alba Wheels Up | Buying Company | Company | A provider of customs brokerage, logistics, and trade compliance services based in New York, and the acquirer of North Coast Logistics. |
| Southfield Capital | Private Equity Firm | Company | A private equity firm investing in lower middle market companies and supporting Alba in the acquisition of North Coast Logistics. |
| North Coast Logistics, Inc. | Target Company | Company | A company specializing in wine logistics based in Petaluma, California, acquired by Alba Wheels Up. |
| Cobalt Wine Logistics | Business Unit | Company | A business unit of Alba Wheels Up focusing on international wine and spirits logistics, into which NCL will be integrated. |
| George McGowen | President of Cobalt Wine Logistics | Person | Leader at Cobalt Wine Logistics voicing support for the acquisition and integration. |
| Tammie and Travis Pisors | Founders of North Coast Logistics | People | Founders and leaders of North Coast Logistics involved in the acquisition deal. |
| Heb James | Partner at Southfield Capital | Person | Partner at Southfield Capital commenting on the strategic acquisition. |