SouthPac Partners acquires stake in leading fleet management firm, ThinkFleet Management
Vancouver, Canada, Feb 11, 2022 – SouthPac Partners is pleased to announce that it has acquired a stake in ThinkFleet Management, Inc. a leading provider of fleet management solutions in the rapidly growing ecommerce market.
ThinkFleet Management was established in 2017 by Steve Cook with the goal of supporting the fleet management needs of the new generation of businesses supporting the rapid growth of ecommerce delivery and final mile delivery solutions. It has now built up a strong reputation for great customer service, access to fleet inventory, parking facilities and tailored fleet management and maintenance solutions.
SouthPac Partners is committed to help accelerate the growth of ThinkFleet’s business across Canada, leveraging their expertise in business development, M&A, financing, and real estate acquisitions.
Chris Charlwood, Managing Partner of SouthPac Partners, commented, “We are delighted to partner with Steve Cook and the entire Think Global team as they embark on this exciting growth journey. Think Fleet has developed best-in-class fleet management solutions that maximize customers up-time and optimize fleet performance.”
Steve Cook, CEO of ThinkFleet Management noted, “We are excited about our partnership with SouthPac Partners because we now have the ability to leverage their expertise, experience, and diverse portfolio to facilitate ThinkFleet’s growth. Their vision and goals perfectly align with our strategic roadmap as we strive to be the preferred provider of fleet solutions. As ThinkFleet establishes a strong presence in the ecommerce market, SouthPac can support and accelerate our expansion initiatives, while also helping us diversify our solution offering within the fleet industry.” solutions so that they can focus on their business, while they leave us to manage their fleet.
About ThinkFleet
In 2017, ThinkFleet Management opened its doors and provided customizable fleet management solutions to Delivery Service Providers (DSPs) across Canada. ThinkFleet helped Amazon DSPs acquire their fleet of vehicles while also providing 24-hour mobile fleet maintenance services to help minimize vehicle downtime and operational costs. Today, ThinkFleet is servicing and supporting numerous industries including Government, Cold Chain, Final Mile, and all Trade services.
At ThinkFleet, we strive to deliver the best customer service while constantly developing additional programs and products that will continue to help our clients run and grow their business. Our customer’s success is our success therefore we are committed to providing custom fleet solutions so that they can focus on their business, while they leave us to manage their fleet.
About SouthPac Partners
SouthPac Partners is a private investment group based in Vancouver, BC, focused on private operating businesses with real estate assets. Its investment approach is to build value over the long term, leveraging the experience of the principals and their investor network. It focuses on helping business owners with ownership transition, M&A financing, growth capital, and selective restructuring opportunities.
For more information
Media and Investor inquiries:
ThinkFleet Management
Steve Cook, CEO
steve@thinkfleet.net
www.thinkgs.ca
SouthPac Partners
Jeremy South, Managing Partner
jsouth@southpacpartners.com
www.southpacpartners.com
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Cinnaroll Bakeries Limited announces new CEO
CALGARY, Oct. 19, 2017 – Cinnaroll Bakeries Limited is pleased to announce that Brad Turner has been appointed to the position of Chief Executive Officer.
In this role Mr. Turner will provide overall leadership and strategic direction to the Company.
“Cinnaroll Bakeries is well positioned for growth in all areas and I am excited to have the opportunity to work with our experienced management team and Board to expand our sales, operations and Brands,” said Brad Turner.
“We are delighted to have Brad Turner take on this leadership role at Cinnaroll. His deep sales experience and background in hospitality and international operations will be critical in executing on our ambitious growth plans,” said Cary Skidmore, Director and Chairman.
Mr. Turner brings over 25 years of experience in strategy development, sales growth, distribution strategy, global business development and general management. Prior to joining Cinnaroll, he was Director, Sales Strategy & Distribution for WestJet. Previously, he has been in CEO, President, COO and Executive/Director roles with private and public companies in Western Canada.
Brad holds a Bachelor of Commerce degree from the Haskayne School of Business at the University of Calgary.
About Cinnaroll
Cinnaroll Bakeries Limited is an international wholesale, retail and franchise company. Cinnaroll is recognized around the world for its Cinnaroll wholesale and CinnZeo retail/franchise brands offering hand crafted cinnamon rolls which are of the highest quality and taste. The Cinnamon Roll is a symbol of traditional family values and home baked goodness. Who doesn’t like a great cinnamon roll! CinnZeo is seeking owner/operator franchisees in Canada and franchise developers for other countries to expand its network. Its proven business model makes for a fun and prosperous opportunity for qualifying candidates.
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Skidmore Development Group and SouthPac Partners acquire Cinnaroll Bakeries
Vancouver, September 5, 2017 – Skidmore Development Group and SouthPac Partners announce the acquisition of Cinnaroll Bakeries Ltd., a leading integrated bakery and makers of gourmet cinnamon rolls.
Cinnaroll Bakeries Ltd. markets two brands: Cinnaroll by Baker Boys, a wholesale manufacturer of branded baked product; and CinnZeo (cinnzeo.com), a network of corporate-owned and franchised café style cinnamon roll stores. CinnZeo specializes in producing scratch-baked, in-house-oven hot cinnamon rolls in leading malls and other high-traffic retail locations.
Established in 1987, Cinnaroll Bakeries Ltd. (cinnaroll.com), has grown to become a Canadian market leader in the gourmet baked, Cinnamon Rolls and Treats category, providing fabulous baked goods of uncompromising taste, quality and convenience. Headquartered in Calgary, Alberta, Cinnaroll Bakeries Ltd. owns and operates a 35,000 sq. ft. wholesale bakery facility, servicing grocery and food service customers across North America and has 72 CinnZeo corporate retail and franchised locations in Canada, Mexico and the Gulf countries.
Skidmore Development Group and SouthPac Partners are committed to accelerate the growth of Cinnaroll’s wholesale business in North America and, leveraging their expertise in retail and franchising, will continue the expansion of the CinnZeo brand throughout North America and internationally.
About Skidmore Development Group
Skidmore Development Group is a private investment company focused on delivering long-term growth and value creation in retail, distribution, and real estate sectors. We invest in profitable small and mid-market companies with growth or consolidation opportunities and strong unique value proposition. We partner with owners/founders and passionate entrepreneurial management to build shareholder value, profitable growth, and consistent dividends. Skidmore Development Group is a member of Thomas Skidmore group of companies. (skidmore.com)
About SouthPac Partners
SouthPac Partners is a private investment group based in Vancouver, BC, focused on private operating businesses and real estate assets. Its investment approach is to build value over the long term, leveraging the experience of the principals and their investor network. It focuses on helping business owners with ownership transition, M&A financing, growth capital, land/building purchase, and selective restructuring opportunities. (southpacpartners.com)
For more information
Media and Investor inquiries:
Skidmore Development Group Ltd.
Jas Boparai, Managing Director
jasboparai@skidmore.com
SouthPac Partners
Jeremy South, Managing Partner
jsouth@southpacpartners.com
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