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Alba acquires The Perishable Specialist for growth

May 20, 2025•4 months ago

Acquiring Company

Alba Wheels Up

Acquired Company

The Perishable Specialist

Valley StreamMiamiLogisticsTransportationFarming

Description

Southfield Capital announced that Alba Wheels Up has acquired The Perishable Specialist, enhancing Alba's logistics expertise in perishables. This acquisition expands Alba's presence in Miami and improves services for PSI's clients through a broader network. The partnership strengthens Alba as a key logistics provider in the fresh produce industry. Frank and Ana Ramos will remain with PSI post-acquisition.

Company Information

Company

Alba Wheels Up

Location

Valley Stream, New York, United States

About

Alba is a globally recognized leader in customs brokerage, international and domestic logistics, and cross-border services, providing an array of innovative options to clients across trade-sensitive industries. With a commitment to excellence and a focus on tailored services, Alba has established itself as a trusted partner in facilitating international trade with offices in New York, Jersey City, Philadelphia, Baltimore, Norfolk, Miami, Los Angeles, and San Francisco.

Company News

(7 articles)
Wed, 19 Jul 2023 07:00:00 GMT

Alba Wheels Up Elevates Global Logistics Offering with the Acquisition of VT Mancusi - PR Newswire

Tue, 09 Sep 2025 16:23:00 GMT

Alba Wheels Up International, LLC Announces Key Executive Appointments to Drive Strategic Growth in Finance and Global Trade - Yahoo Finance

Wed, 31 Jul 2024 07:00:00 GMT

Press Release Alba Wheels Up International Brings on Luis Eraña as its New CEO - The Loadstar

Tue, 16 Jan 2024 08:00:00 GMT

Alba Wheels Up International Announces the Acquisition of John A. Steer Co. - DC Velocity

Tue, 09 Mar 2021 08:00:00 GMT

Alba Wheels Up Partners With Southfield Capital to Accelerate Growth - PR Newswire

Tue, 07 Jun 2022 07:00:00 GMT

Alba Wheels Up Welcomes New CRO Joseph Milstein - PR Newswire

Wed, 15 Dec 2021 08:00:00 GMT

Alba Wheels Up Names Damien Stile as CEO - PR Newswire

FundzWatch™ Score

82
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed