Morrison Foerster advised Palladium Equity Partners, LLC, a Certified B Corp and the oldest minority-owned private equity buyout firm (along with its affiliates, “Palladium”), who today announced that affiliates of the firm have acquired Source Logistics, a provider of value-added warehousing, distribution and fulfillment third-party logistics (3PL) services to the consumer goods sector with a focus on Hispanic food and beverage brands. The transaction closed on November 1, 2023.
The MoFo team advising Palladium was led by San Francisco private equity/finance partner Darío Avram and San Francisco private equity/M&A partner Patrick Huard, together with San Francisco private equity/finance partner Eric Min, Miami associate Bill Halaby, San Francisco associates Jack Bai, Daniel Irvin, William Lane, and Drew Alley, and Washington, D.C. associate Shams Haidari.
