DALLAS (2022) – Hext Capital Partners, LLC is pleased to announce it recently advised Alterri Distribution Center, LLC (“Alterri”) on the sale of substantially all of its assets to J.B. Hunt Transport, Inc. (“J.B. Hunt”), a transportation and logistics company based in Lowell, Arkansas.
Founded in 2003, Alterri is a leading provider of transload services, asset management and distribution services in international trade. Alterri is known for its high standards, utilizing the latest technology and infrastructure to be the best option in distribution services, warehousing and logistics, as well as creating customized solutions for each client.
J.B.Hunt, an S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations.
“We are grateful to everyone at J.B. Hunt who made this transition possible,” said Ricardo A. Sandoval Sr., President and Founder of Alterri Distribution, Inc. “I am excited to seethe next phase of the company my family and I built from the ground up.”
Simon Martin and Gabe Trotta led the transaction for Hext Capital and added, “It was a pleasure to work with Alterri, and everyone involved. We believe Alterri’s clients will be well served by J.B. Hunt as a leader in the transportation industry.”
Rick Stark, Michael Attaway and Ryan Ricke with Kane Russell Coleman & Logan served as seller’s counsel on the transaction.