A&R Logistics, a portfolio company of Wind Point Partners, acquired Blue Water Plastic Transport. BWP, founded in 1988 and headquartered in St. Clair, MI, provides specialty bulk transportation and logistics services to the plastics industry.

Antares Capital, Bain Capital, First Eagle Investment Management, and Varagon Capital led the debt financing for the transaction.

The acquisition of BWP further expands A&R’s geographic presence in the Midwestern U.S. and increases A&R’s overall transportation capacity with additional tractors and specialty trailers. Mostly servicing Michigan, Illinois, and Ohio, BWP provides specialty dry bulk transportation, warehousing, and logistics services primarily related to plastic resin across a diverse customer base which includes plastics manufacturers, distributors, and recyclers.

“On behalf of the entire A&R team, I am happy to welcome the BWP team into the A&R family. Both companies share common customer bases, but more importantly common values and cultures, and we are thrilled about the combination. We believe BWP and A&R customers will benefit from our combined organization and look forward to serving our customers with the future opportunities this acquisition creates,” said Mark Holden, A&R CEO.

The acquisition of BWP continues Wind Point’s long history of supporting its portfolio companies with additional capital for growth and marks A&R’s first acquisition as the company seeks to diversify its service offering and geographic presence to better serve its customers.

Faegre Baker Daniels served as legal counsel to A&R.