Founded in 1994 and based in Chino, California, Quetico has created a highly specialized and proprietary wholesale and inventory management niche within the logistics industry. Quetico provides specialized wholesale, “just in time” inventory management and third party logistics services of consumer products (mainly apparel and soft goods) to big box retailers and brand name manufacturers in North America and abroad. Quetico operates approximately 500,000 square feet of warehouse space and employs approximately 400 people at its peak times. Customers of Quetico are primarily “big box”, multi-national, financially stable, industry leading companies which either manufacture or retail textiles (apparel and other soft goods).
|Industry:||Industrials: Third Party Logistics, Inventory Management and Wholesaling|
|Capital Invested:||US$26.90 million|
|Original Investment:||November 2011|
|End Date:||Repurchased Alaris units in November 2014|
“We could not have been more pleased with our three year association with Alaris. They have been excellent partners and allowed us to do things financially that we could not have done otherwise. Their entire team has been a pleasure to work with and we will miss our friendly interaction with the group. We are only redeeming their investment as the nature of our business has changed, diminishing our need for the extra working capital Alaris had provided. We would not hesitate to approach Alaris in the future if the need once again arises.”
- Tom Fenchel, Co-Founder, Quetico