Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Sole Lead Arranger for senior secured credit facilities to support the growth investment in Wagner Logistics by LongueVue Capital.

Founded in 1946 and headquartered in Kansas City, Wagner is a 3PL (Third Party Logistics Provider) providing contract warehousing and fulfillment and related transportation services to a blue-chip customer base that includes three of the largest paper and packaging companies. Founded in 2001, LongueVue Capital is a New Orleans-based private equity firm that focuses on providing human capital, financial capital, and a skill set built upon a successful 20-year track record of partnering with entrepreneurs and management teams to drive value creation in middle market companies.

“It is always a pleasure to work with Eric and Rafal,” said LongueVue Partner Ray Jeandron, III. “This is our fifth financing with those animals, and they do not disappoint.”

“Everyone on this deal team will be promoted,” said Tim Clifford, President and CEO of Abacus. Added Abacus Managing Director Eric Petersen, “The team at LongueVue is always great to work with, and their long track record in logistics made underwriting easy.”

Abacus team members involved in the transaction included Eric Petersen and Rafal Rydzewski. Legal counsel was provided to Abacus by Goulston & Storrs, PC.