Dot Family Holdings has acquired TAGG Logistics, a St. Louis-based company that provides fulfillment services for goods purchased online.
Terms were not disclosed.
TAGG was established in 2006 by Tod Yazdi, Gary Patterson and Gian Cavallini. It operates distribution facilities in St. Louis, Reno, Nev., and Philadelphia.
“E-commerce is a rapidly growing industry where we see great opportunity,” said Heath Hunter, vice president of corporate development for Dot Family Holdings. “TAGG is a successful and growing business, and is a great fit within DFH’s portfolio of companies.”
Other companies owned by Dot Family Holdings:
- Grabber Construction Products, a distributor of fasteners and accessories for walls and ceilings with 26 locations in the United States and two in Canada.
- Reliable Parts, a distributor of appliance parts, accessories, filters and detergents with 46 locations in the United States and Canada.
Dot Family Holdings is the investment office for the family of Robert and Dorothy Tracy, founders of Dot Foods, a food distribution business with annual sales of $7.1 billion and a fleet of more than 1,350 tractors and 2,190 trailers. Dot operates 14 distribution centers and ranks No. 22 on the Transport Topics Top 100 list of largest private carriers in North America.
TAGG’s leadership team will continue to manage operations with Dot Family Holdings providing oversight and governance of the company, officials said in a statement released Aug. 21.
“For now, it will be business as usual at TAGG,” Hunter said, adding that “there is potential for collaboration between Dot Foods and TAGG down the road.”