logo
The Integration Group Acquires Matrix Management, Broadening Its Aftermarket Supply Chain Services

The Integration Group Acquires Matrix Management, Broadening Its Aftermarket Supply Chain Services

Business Wire15-07-2025
BUSINESS WIRE)--The Integration Group (TIG), a portfolio company of Maxwell Street Capital Partners (Maxwell Street), has acquired Matrix Management (Matrix), a Chicago-based provider of aftermarket assembly, kitting, and e-commerce fulfillment solutions for leading agriculture, construction, lawn-and-garden, recreational, and industrial brands.
'Since 1996 we have helped OEMs simplify complex aftermarket parts programs,' said Gary Wilson, President of Matrix. 'Joining forces with TIG expands the services and products we can offer to our customers.'
This acquisition brings together TIG's deep expertise in assembly and kitting for highly distributed dealer networks with Matrix's capabilities to act as an e-commerce fulfillment resource for complex, multipart products of some of the largest brands in the world.
'We are thrilled to welcome Matrix and its employees to TIG. Matrix brings exceptional expertise and aligns very well with our commitment to customer service and operational excellence. This acquisition is key to advancing our mission to bring high value-added supply chain solutions to our clients,' said Mike Schoenfeld, CEO of TIG.
The two combined companies will now be able to offer customers expanded space and services across both platforms. Both businesses will continue to hold customer-owned inventory in-house, offering price-stable stocking amid tariff and freight volatility.
'This acquisition advances our buy-and-build strategy of creating a one-stop, value-added supply-chain platform,' said Evan Harwood, Managing Partner at Maxwell Street. 'We will continue to deploy capital and operational expertise so TIG can extend its end-to-end aftermarket solutions and deliver measurable efficiency gains for OEMs and their dealer networks.'
About The Integration Group: Headquartered in Marshalltown, Iowa, The Integration Group (TIG) delivers contract-logistics services and aftermarket supply-chain solutions to customers in the automotive, agriculture, and industrial-equipment markets.
TIG's value-add services include:
Supplier sourcing and management
Product procurement, development, and regulatory review
Assembly, kitting, and packaging
Supply-chain and inventory management
Order fulfillment and returns management
Sales and marketing support
For more information, visit theintegrationgroup.com or follow TIG on LinkedIn.
About Maxwell Street Capital Partners: Maxwell Street is a lower middle-market private equity firm focused on transportation, logistics, and route-based services businesses. Leveraging our deep investment and operational experience in our target industries, Maxwell Street seeks to partner with families, founders and management teams to help them scale their businesses and achieve their goals. Maxwell Street is based in Chicago, IL. For more information, please visit maxwellstreetcap.com or follow Maxwell Street on LinkedIn.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Virgin Hotels Chicago Sold, Brooklyn's Hotel Indigo Sold
Virgin Hotels Chicago Sold, Brooklyn's Hotel Indigo Sold

Skift

time43 minutes ago

  • Skift

Virgin Hotels Chicago Sold, Brooklyn's Hotel Indigo Sold

The DJIA rose 208 points on Friday, while the Nasdaq was up 50, the S&P 500 rose 25 points, and the 10-year treasury yield was down .02 to 4.39%. Lodging stocks were modestly higher. Virgin Hotels has sold its 250-room hotel in Chicago to a firm specializing in converting properties into timeshare investments. The hotel was sold for just under $77.4 million to an affiliate of Accelerated Assets, according to online property records. The sale comes at an apparent loss to Virgin Hotels and its development partner on the project, Lionstone Development. It's unclear what Accelerated Assets has planned for the Chicago hotel, but the firm's business model is to acquire, develop and finance properties where individuals buy into timeshare ownership stakes. JLL brokers represented the seller. For the second time in a month, Park Hotels & Resorts is putting a prominent Chicago property on the market for sale. Park

Walmart launches plan to steal customers away from Target, Amazon
Walmart launches plan to steal customers away from Target, Amazon

Miami Herald

timean hour ago

  • Miami Herald

Walmart launches plan to steal customers away from Target, Amazon

If you're looking for a deal, you probably think to wait until the holidays, when most retailers launch big Black Friday sales. This is a sound idea; the holiday shopping season remains the most lucrative time of the year for most retailers. Related: Walmart cracks down on a growing type of fraud But the back-to-school shopping season is kind of like Black Friday's little sister. "The back-to-school shopping period from July to mid-September is the second-biggest sales driver of the year after the holiday season," the U.S. Chamber of Commerce reports. Every year, usually in the weeks that lead up to late August or early September, most big-box retail stores hold their own versions of back-to-school sales. It may seem gimmicky to celebrate a pretty routine part of the year to get shoppers through the door, but it works. "Americans are expected to spend $38.8 billion on clothes and supplies for children in grades K-12, and $86.6 billion on college students," the U.S. Chamber of Commerce said, per a 2024 National Retail Federation report. But tariffs, rising prices, and inflation complicate this picture. Many families have indicated they'll either slow their spending or specifically shop at discount retailers in search of deals. Some retailers, like Walmart (WMT) , are poised to win in such an environment. Image Source: Jones/Bloomberg via Getty Images The late summertime is typically a busy shopping period for Walmart. Customers are shopping for vacation, outdoor activities, picnics, and barbecues. And the most prepared ones begin to trickle in around mid-July for back-to-school shopping. More Retail: Walmart makes drastic change to fight theft amid worrying trendTarget has new plan to win back customers with big savingsHome Depot makes clear statement amid boycott threatsFamous retail chain makes two more alarming store closures So Walmart has decided to roll back the cost of some crucial items for families. The Arkansas-based retailer has cut the price of its top 14 most popular items to prices lower than they were one year prior. Some items are as low as $0.25, and its popular private brand Wonder Nation backpack is less than $5 at just $4.98. All told, Walmart says a student can get outfitted for the new year for just $65. But tariffs, which are duties on imported goods, have complicated the typically profitable back-to-school shopping period. Walmart CEO Doug McMillon explained the complication during the Q1 2026 earnings call. "We started to see increases happen in April and through May. We've been really focused on back-to-school receipts," McMillon explained. "When you have an imported item, you pay the tariff at the time it comes through customs. And so the cost is higher, even if the tariff rate comes down later, the cost has been elevated. McMillon added that tariffs could touch certain items, including back-to-school supplies, with an outsized effect. "So I wouldn't think of this as a moment in time necessarily, except when you think about seasonal things like back-to-school." Other top retailers, including Target (TGT) and Amazon (AMZN) , are also hosting early back-to-school promotions. Amazon's Prime Day served as its early back-to-school launch. It featured deals on books, notebooks, and pens for as low as $3. And Target announced it would put over 20 items on sale for back-to-school. The Minnesota-based retailer said it was freezing the prices of these items at 2024 prices. It claims students can bundle most of their school essentials for just around $20. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store