ADS Receives Investment From Firm
A Chicago investment firm has purchased an equity stake in Alternative Distribution Systems of Homewood, Ill.
ADS provides trucking, warehousing and logistics services to metals producers, traders, processors and end users, such as automobile, appliance, construction and agricultural equipment manufacturers.
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The amount of the investment by Code Hennessy & Simmons was not disclosed.
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The privately owned company dropped plans to go public in 1997 because of weak stock prices.
