One week after announcing its acquisition of CLX Logistics, Quantix, a chemical supply chain services company, revealed it now owns Space City Services’ bulk transportation business. This includes 200 tankers for hazardous and non-hazardous chemicals and waste materials and a rental fleet of 800 roll-off boxes. Quantix is #64 on the 2024 FleetOwner 500 for-hire list.
The deal closed April 1, according to Chris Ball, Quantix president and CEO. Terms of the transaction were not disclosed.
Space City is Quantix’s 11th pick-up under private-equity owner Wind Point Partners.
Thomas is expected to remain with the company during integration, Ball said.
“We’re excited about this,” Ball said. “It’s a great business, it’s really well run, and like most of our acquisitions, we don’t buy these businesses to slash and burn things.”
Thomas echoed Ball’s excitement in a news release.
“We’re thrilled to continue providing our services to our current customers while bringing even more value through Quantix’s powerful suite of transportation, export, packaging, and warehousing services,” Thomas said. “Our customers are at the heart of everything we do, and pursuing this next chapter with Quantix means all of our customers benefit from our shared commitment to provide high-quality services and solutions.”
A&R rebranded as Quantix in 2021 after the first six acquisitions under Wind Point—which continues to fuel the company’s expansion.
“Rob and his team have built an impressive business with a strong reputation in the chemical transportation space,” said Konrad Salaber, Wind Point managing director. “Space City’s work in the chemical waste market will help cement Quantix’s position as the leading one-stop supply chain services solution.”
