Key transactions & industry newsWeekly Update 06/19/2026
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June 15, 2026 – Enstructure, one of North America’s leading terminal and logistics companies, has entered into an agreement to acquire all of the marine terminal operations of LOGISTEC, a multi-purpose terminal operator majority owned by New York-based private equity firm Blue Wolf Capital Partners, in a deal that nearly quadruples Enstructure’s existing 22-terminal network by adding LOGISTEC’s Gulf Stream Marine and LOGISTEC Direct brands and operations spanning 62 ports and 84 terminals across Canada and the United States. (Enstructure)
Enstructure’s agreement to acquire LOGISTEC’s marine terminal division represents a shift in a business RJM was familiar with while advising on the sale of Logistics Park Dubuque (LPD). That transaction was consistent with LOGISTEC’s strategy of expanding and diversifying its network of inland terminals. The LPD acquisition, together with LOGISTEC’s February acquisition of IPA Terminal at the Port of Altamira, signaled the company was building a more integrated Midwest to Mexico through Gulf of America corridor, thus making its decision to divest the entire marine terminal division surprising. However, the strategic rationale becomes clearer when viewed through the lens of Blue Wolf Capital, LOGISTEC’s parent company. Blue Wolf took LOGISTEC private in 2024 and just 2 years later, is separating the capital intensive businesses, selling the terminal division to Enstructure while retaining CoreAqua and Sanexen, previously LOGISTEC’s higher-margin and less asset-intensive Environmental Services division. From that perspective, the recent acquisitions were likely intended to enhance the scale and position the terminal division ahead of a sale rather than support a LT standalone growth strategy. More broadly, the transaction reflects the continued consolidation of North American port infrastructure, as financial sponsors and strategic buyers look to build larger terminal networks positioned to benefit from reshoring trends.
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RJM & Company is a specialized M&A and capital markets advisory investment bank. We provide boards and management teams of public and private companies with independent advice and expertise in a variety of sectors including road, rail and marine transportation, infrastructure, chemicals, energy, metals and mining, manufacturing, building materials, and other coverage areas of the industrial complex. RJM advises clients on all aspects of transactions including timing, structure, and pricing. RJM originates opportunities and helps negotiate and execute transactions already under evaluation.