Chevy Chase, Maryland, June 25, 2012 – Oroco Capital, LLC (“Oroco”) is pleased to announce a new investment in a leading regional transportation and logistics firm. Headquartered in the Midwest, the Company is a supply chain solution provider to a wide range of companies. Since its founding over two decades ago, the Company has grown into an award winning service provider with an outstanding track record. The current management team will continue to run the business.
“We are excited to have Oroco as a value-added partner for growth. Oroco brings a wealth of business acumen as well as the resources to help us grow,” said the CEO. “We look forward to serving our customers as we have for the last 20 years. The success we have enjoyed can be attributed directly to the trust we have built with our customers by consistently exceeding expectations.”
Mitchell Goldsteen, Principal at Oroco, noted, “This team has established themselves as the leading provider of transportation services solutions by staying at the forefront of the needs of its clients. Oroco is proud to be partnering with this management team. We see strong growth opportunities in this sector, and we are thrilled to help this company achieve its strategic plan,” added Goldsteen. The management team added, “We remain committed to increasing value for our customers and our team members through superior service and intense customer, community and team focus.”
About The Company
The Company is a leading growth-oriented transportation and logistics provider focused on the middle of the supply chain of its customer base, where time-sensitive delivery and information services are critical to customers.
About Oroco Capital
Oroco Capital (www.oroco.com), a Chevy Chase, Maryland based private investment firm, focuses on acquiring control positions in lower middle-market companies across a variety of industries, including businesses in the healthcare services, infrastructure and aerospace & defense.