The PennZone

SHERMAN OAKS, Calif. - PennZone -- SecurCapital Corp, a holding company operating portfolio companies in logistics and financial services, is preparing for a significant portfolio enhancement benefiting shareholders and investors before the close of the first quarter of 2022.

The company is conducting due diligence under an LOI and Stand Still agreement and is expected to soon officially announce the acquisition of controlling interest of a Laredo-headquartered and Mexico City-based customs broker and freight forwarder with nine owned offices throughout Mexico, including key border crossings with the U.S., inland and at seaports offering full service operations in Mexico.

SecurCapital Corp. CEO Stephen Russell emphasized the new company will be a critical strategic fit for the group. "With our portfolio company B.I.G. Logistics' footprint already in all major Texas markets and operations in El Paso, we have established ourselves as a key player in the U.S. Mexico cross-border trade. With this acquisition, we will add Laredo as an additional crossing point for our customers to leverage. In turn, their clients can take advantage of our 140,000 square foot building in El Paso and a new modern facility serving the southbound and northbound market in Laredo."

More on The PennZone

• Inside-Out Hollywood: The Relentless Rise of Joseph Nybyk (AKA Joseph Neibich)
• SRK Collective Media Group Launches with a Modern Approach to Media, Authority Building, and Cultural Visibility
• MSBG Corporation Acquires GridWatch US Telemetry Automation System
• TAYP Expands Athlete Exposure Platform Beyond Georgia With New Push Into Virginia and the 757
• KT Medical Staffing Expands Concierge Nursing and Private Duty Nursing Services in Orange County

Laredo is key to finalizing the Texas and border growth footprint, with planned groundbreaking and construction soon underway on a 230,000 square foot state-of-the-art crossdock and transload facility situated on twenty-five acres. When completed, the facility will be capable of handling upwards of 300 transloads a day crossing the border between the U.S. and Mexico and providing e-fulfillment finished goods service for distribution throughout the USA and Canada.

"Our acquisition target operates in both Laredo and Nuevo Laredo, controlling both sides of the border for transport and customs for its customers," Russell continues. "Adding the experience of B.I.G.'s customs brokerage and our licensed NVOCC and TSA-certified IAC operations, we will be able to help companies reach U.S. and global markets from factories along the border and deeper in Mexico."

Both portfolio companies are IATA air freight forwarders, FMC licensed NVOCC's, FMCSA registered truck brokers, licensed customs brokers and members of Customs and Border Protection's CTPAT cargo security program. The Mexican acquisition is also ISO900:2015 certified.

Well-positioned to take advantage of the tripling of cross-border traffic in 2021, when the Laredo location opens SecurCapital and its portfolio companies will operate more than 750,000 square feet of warehousing, distribution, temperature controlled, pharma-grade, light manufacturing and transloading capable facilities for clients throughout Texas and Mexico.

More on The PennZone

• The Millennium Alliance Achieves Great Place To Work® Certification™ Amid Continued Growth
• The Millennium Alliance Appoints Former Adweek Executive Eric Hayden Shakun as Chief Financial Officer to Accelerate Next Phase of Growth
• T. Jones Group Named Finalist Across Multiple Categories at the 2026 Georgie Awards
• Circa 1825-1835 Columbia / Eagle flask sells for a record $177,840 in Glass Works Auctions' online auction held May 4th
• The Simplest Small Business You're Probably Not Thinking About

About SecurCapital Corp

SecurCapital and its investment portfolio operating companies are proven supply chain, financial services, and 3PL warehouse operators and lenders empowering logistics and diverse businesses within domestic and international markets. The company was founded in 2017 headquartered in Los Angeles, CA and is operated by logistics, 'cloud pioneers' and financial services veterans. SecurCapital offers a broad range of services to wholesalers, distributors, and mid-tier logistics enterprises.  The company provides lower and middle market businesses and growth companies access to working capital, term loans and mission-critical end-to-end supply chain services. For more information visit http://www.securcapital.com