Red Arts Capital's Portfolio Company, Partners Warehouse Holdings, Appoints Stefan Freeman as CEO

Stefan Freeman has been appointed as the new Chief Executive Officer (CEO) of Partners Warehouse Holdings, LLC ("Partners Warehouse" or "Partners"), according to an announcement by Red Arts Capital, a Chicago-based investment firm. Partners Warehouse, a leading provider of value-added warehousing services in the Midwest and Southern California markets, is one of Red Arts Capital's portfolio companies.

With over three decades of distinguished career experience in the warehousing and supply chain-related services industry, Mr. Freeman brings a wealth of expertise to his new role. He has previously served as the CEO of Reed's, a US-based manufacturer of soft drinks and candies, the Vice President of Fleet Operations North America for Coca-Cola Refreshments, and the Director of Sales Operations for Dr. Pepper Snapple Group.

In his new position, Mr. Freeman is excited about guiding Partners Warehouse Holdings through a chapter of growth and expansion. He believes that the company's unique service offering, based on strong customer service and a family-oriented culture, sets it apart in the marketplace.

Anthony Barber, Chairman of Partners Warehouse and an Operating Partner at Red Arts Capital, expressed his confidence in Mr. Freeman's abilities, stating that his experience, skillsets, and vision will propel the company to new heights. Red Arts Capital is delighted to have Mr. Freeman on board and believes that his leadership style makes him the ideal person to lead the company forward.

Red Arts Capital acquired Partners Warehouse in August of 2022 and has since seen the warehousing company double in size through its add-on acquisition of Flex Logistics, a Southern California-based warehousing company. Partners Warehouse currently operates approximately 2 million square feet of warehouse space and offers a range of services, including fulfillment, transloading, drayage, transportation, and other value-added services.

Partners Warehouse Holdings is known for its exceptional customer service culture and legacy of delivering value-added warehousing and logistics solutions. With regional hubs in the Midwest and Western US, the company is a key player in third-party logistics, boasting decades of expertise in warehousing, distribution, transloading, fulfillment, transportation, and value-added services.

Red Arts Capital, based in Chicago, Illinois, is a leading private equity firm that focuses on investing in supply chain and logistics-related businesses. With approximately $300 million in assets under management (AUM), Red Arts Capital seeks to partner with and invest in privately-owned, primarily family-owned, multi-generational businesses that have a strong track record and reputation. The firm's sector expertise, commitment to stewardship and excellence, and trusted relationships with portfolio companies, investors, and partners set it apart in the industry.

In conclusion, the appointment of Stefan Freeman as CEO of Partners Warehouse Holdings marks an exciting chapter of growth and expansion for the company. With his extensive experience in the industry, Mr. Freeman is well-equipped to lead Partners Warehouse forward, and Red Arts Capital is confident in his ability to drive the company to new heights. As a key player in the warehousing and logistics sector, Partners Warehouse Holdings continues to deliver exceptional customer service and value-added solutions to its clients.