Huron Capital’s Direct Connect Logistix Appoints Richard Piontek as CEO of Parent Company DCL Holdings | state



DETROIT, Mich., June 1, 2021 / PRNewswire / – Huron Capital Partners‘(“Huron Capital”) portfolio company, Logistix direct connection (“Direct Connect”) – a Indianapolis– leading provider of logistics management and specialized freight brokerage services – now named industry expert Richard piontek as CEO of DCL Holdings, the organization’s parent company. This hire is the latest in a series of strategic business moves by Direct Connect that have transformed the company into a rapidly growing, scalable 3PL platform.

Piontek – who brings with him over 30 years of logistics experience and successful track record in growth through acquisitions – will focus on defining the Direct Connect strategy, capitalizing on the potential to acquire compliant companies. identified business objectives and seamlessly integrating any new additions into DCL Holdings. He will work in close collaboration with Greg Humrichouser, CEO and Co-Founder of Direct Connect, who will continue to lead the momentum Direct Connect has managed to drive through growth performance and dynamic supply chain initiatives.

“As CEO and co-founder of Direct Connect, I am committed to ensuring that the company reaches its full potential,” said Humrichouser. “We have instilled great momentum, a very solid platform and a compelling vision for the future, and I’m happy that we were able to recruit Rich to join our team and take Direct Connect to the next level.”

Piontek most recently served as President of Managed Transportation at TA Services, a logistics and supply chain solutions provider based in Mansfield, Texas. Previously, he was President of eCapital LLC, a financing platform for transportation, logistics and manufacturing companies. Throughout his career, Piontek has successfully completed mergers and acquisitions in the logistics industry.

Huron Capital has secured its investment in the third-party logistics platform May 2018.

“We would like to thank Greg for his continued leadership and insight,” said Brian walker, President of Direct Connect and Partner, Huron Capital. “He and his team have done an amazing job building Direct Connect into a platform we can continue to build on. He will continue to play a vital role in the future of Direct Connect, as we echo his enthusiasm to bring Rich into the fold. We believe he has the right experience and the right cultural fit to drive the success of the 3PL platform through rapid growth and scale-up. “

About Huron Capital

Founded in Detroit in 1999, Huron Capital is an operational private equity platform with a long history of growing lower middle market companies through our proprietary ExecFactor® buy and build investment model. We prefer complex situations where we can help companies reach their full potential by combining our operational approach, substantial capital base and transaction experience with seasoned operational executives. A pioneer in the purchase and construction approach, Huron Capital has successfully created six private equity funds bringing together nearly $ 2.0 billion in capital committed and invested in more than 200 companies, and the companies in our portfolio have employed more than 11,000 people across North America. Huron Capital’s buy and build investment model includes equity recapitalizations, family succession transactions, market entry strategies, company exclusions and management buyouts. with incomes of up to $ 200 million. Huron Capital targets both controlled and non-controlling interests in fundamentally sound companies that can benefit from the company’s operational approach to create value. Huron Capital focuses on niche segments in the business services, consumer products and services, and specialty industries sectors. For more information, please visit: www.huroncapital.com.

About Direct Connect Logistix

Direct Connect Logistix, Inc. provides logistics management and specialized freight brokerage services primarily to domestic truck shippers. Based at Indianapolis, Ind., the company has been in business since 2009. For more information, please visit: www.dclogistix.com.

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Certain information contained in this document may contain forward-looking statements which are provided to help the reader understand beliefs and opinions regarding future opportunities as perceived by Huron Capital and others cited herein. These statements are not guarantees of future performance and should not be relied on unduly. These forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance in future periods to differ materially from any projection or result expressed or implied in such forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The issuer of such statements assumes no obligation to update forward-looking statements if circumstances, estimates or opinions should change, except to the extent required by applicable securities laws.

Contact:

Brent Snavely, Senior Director

Lambert & Co.

(313) 309-9516

[email protected]

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SOURCE Huron Capital



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