PE-backed Simplified Logistics beefs up team with two new additions

Simplified Logistics, which is backed by CI Capital Partners, has hired Sheila Taylor as chief financial officer and executive vice president of strategy and John Centers as executive vice president of sales. Previously, Taylor was the vice president of logistics for Sam’s Club, a Wal-Mart Stores‘ division while Centers’ work background includes senior sales management roles at Pilot Flying J and Hub Group. Westlake, Ohio-based Simplified Logistics is a provider of transportation management services.

PRESS RELEASE

WESTLAKE, Ohio and NEW YORK, Nov. 27, 2017 /PRNewswire/ — Simplified Logistics (“Simplified”), a third-party logistics provider with a focus on less-than-truckload transportation management services, announced today that Sheila Taylor has been hired as Chief Financial Officer and Executive Vice President of Strategy, and John Centers has joined as Executive Vice President of Sales. Simplified Logistics is majority owned by the Simplified management team and CI Capital Partners, a New York-based private equity firm.

Previously, Ms. Taylor was the Vice President of Logistics for Sam’s Club, a division of Wal-Mart Stores, Inc. Ms. Taylor also served as Chief Financial Officer at several leading logistics companies including YRC Worldwide, Menlo Logistics and CEVA Logistics. Mr. Centers has over 21 years’ experience in the transportation and logistics industry, including senior sales management roles at Pilot Flying J and Hub Group. Ms. Taylor and Mr. Centers will join the Simplified leadership team alongside Sam Avampato, President, and Mark Yeager, CEO.

Mr. Yeager said, “With these hires we now have a senior leadership team at Simplified that is capable of running a much larger business, as we work to execute our acquisition strategy for the company. Sheila and John both bring to Simplified decades of experience in leadership roles in the logistics industry, and Sam and I are pleased to welcome them to our team.”

“I am excited to join Simplified Logistics and for the opportunity to work with the rest of the senior leadership team,” said Ms. Taylor. “Simplified has an impressive business today and there is a compelling opportunity to build a leading, full-service logistics platform company through organic growth and acquisitions.”

“Simplified has a track record for providing its customers with efficient and cost-effective solutions for their less-than-truckload freight,” said Mr. Centers. “I am looking forward to building on this brand to reach more customers and offer additional services as we expand our portfolio.”

About Simplified Logistics
Simplified Logistics is a leading North American provider of transportation management services. Simplified’s comprehensive service offering includes logistics consulting, transportation management, customer reporting and freight audit and payment services. Simplified was founded in 2003 and is based in Westlake, OH. For more information, please visit www.simplifiedlogistics.com.

About CI Capital Partners
CI Capital Partners LLC, a leading North American private equity investment firm with approximately $2.4 billion in assets under management, has been investing in middle-market companies since 1993. CI Capital forms partnerships with experienced management teams and entrepreneurs to build substantial businesses through add-on acquisitions, organic growth and operational improvements. Since inception, CI Capital and its portfolio companies have made over 250 acquisitions representing over $8 billion in enterprise value. To learn more about CI Capital Partners, please visit www.cicapllc.com.