SecurCapital Corp preparing for major Q1 portfolio expansion

Large Mexican logistics provider acquisition expects to close this quarter along with construction of a purpose-built cross-docking & transloading location in Laredo.

SHERMAN OAKS, CALIFORNIA - January 18, 2022 - 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 expects 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 seaports offering full-service operations in the Mexican market.

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 85,000 square foot building in El Paso and a new modern facility serving the southbound and northbound market in Laredo."

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 cross-dock and transload facility. Situated on twenty-five acres, the new building 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 members, 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.