Coast to Coast Recapitalizes with Hidden Harbor
Deal News | Feb 13, 2025 | Mesirow Financial Private Equi
Mesirow, an independent financial services firm headquartered in Chicago, announced its role as the exclusive financial advisor in the recapitalization of Coast to Coast Logistics, LLC. This transaction sees Hidden Harbor Capital Partners invest in Coast to Coast, a non-asset-based logistics firm known for drayage brokerage services within the U.S. The Deerfield, IL-based Coast to Coast caters to diverse markets including electronics, automotive, and food & beverage, ensuring efficient international supply chains with its comprehensive brokerage services. CEO and Founder, David Fishbein, acknowledges Mesirow's instrumental role in achieving a successful partnership, allowing for future growth opportunities. Mesirow's Senior Managing Director, Rocky Pontikes, praised Hidden Harbor as an ideal partner for Coast to Coast's brand elevation. This transaction is another testament to Mesirow's expertise in the distribution and supply chain sectors, marking their 325th such transaction in recent years.
Sectors
- Logistics and Supply Chain
- Private Equity
Geography
- United States – Coast to Coast Logistics operates across the United States and contributes to national supply chain solutions.
- Illinois – Both Coast to Coast Logistics and Mesirow are based in Illinois, with Coast to Coast headquartered in Deerfield.
Industry
- Logistics and Supply Chain – Coast to Coast Logistics is a third-party logistics provider engaged in brokerage services, vital for international supply chain efficiency.
- Private Equity – Hidden Harbor Capital Partners' involvement represents a significant private equity investment into Coast to Coast Logistics.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Coast to Coast Logistics, LLC | Target Company | Company | A non-asset-based logistics company specializing in drayage brokerage across the United States. |
| Hidden Harbor Capital Partners | Bidding Company | Company | A private equity firm partnering with Coast to Coast Logistics for recapitalization. |
| Mesirow Financial Private Equity | Financial Advisor | Company | Served as the exclusive financial advisor to Coast to Coast on its recapitalization with Hidden Harbor. |
| David Fishbein | CEO | Person | CEO and Founder of Coast to Coast Logistics, continuing in his role post-recapitalization. |