Business Intelligence Group (BIG), of Southlake, Texas, has announced the acquisition of KFS Inc., of Fort Worth, Texas.
KFS is a non-asset based logistics company with operations in Fort Worth, Dallas and El Paso, Texas. The firm will operate under the brand B.I.G. Logistics.
The KFS brand is well-known within the Texas marketplace, having been in business for more than twenty-five years. B.I.G. Logistics plans to leverage the KFS brand name and good will as well as the existing team of managers and employees to grow their three current facilities while exploring acquisition opportunities in other markets.
B.I.G. Logistics CEO Vinod Baliga says, “Our investment group and team of logistics industry professionals have found the perfect platform to execute our business plans. Our goal is to become the leading provider of logistics services in Texas with further U.S. expansion in the coming years.”
Baliga continues, “KFS has a high-quality team of employees and customers and we are confident they will be key to our near and long-term growth plans.”
B.I.G. Logistics draws its name from two unique and important origins. While the parent company’s full operating name is Business Intelligence Group, LLC., it also shares the name of a well-known Texas entrepreneur, Bruce Ira Galbraith, who passed away unexpectedly in March, 2016.
Bruce was the owner of KFS, Inc and the founder of Trans-Trade, Inc., a major freight forwarder and NVOCC in Texas which he founded in 1985. Bruce sold that company in 2009.