Business Intelligence Group LLC of Southlake has acquired KFS Inc., a freight-forwarding logistics company based in Fort Worth.
The firm, also with operations in Dallas and El Paso, will operate under the brand B.I.G. Logistics.
The KFS brand has done business in Texas for more than 20 years, and B.I.G. plans to leverage that brand to grow its three current facilities while exploring acquisition opportunities in other markets, according to B.I.G.
“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,” said Vinod Baliga, B.I.G. CEO, commenting in a news release.
B.I.G. Logistics’ name has dual origins. While the parent company’s full operating name is Business Intelligence Group LLC, it also shares the name of Bruce Ira Galbraith, a Texas entrepreneur who passed away earlier this year.
Galbraith owned KFS and founded Trans-Trade Inc., a freight forwarder and non-vessel operating common carrier in Texas that he founded in 1985. Galbraith sold that company in 2009.
Baliga, who served on the KFS board, worked for Galbraith on the Trans-Trade executive team for more than 20 years.
“I consider the Galbraith family an extension of my own family,” Baliga said. “Bruce’s passing was a shock to me personally and it is no coincidence that B.I.G. are Bruce’s initials. I am committed to building a company in Bruce’s legacy that will fiercely focus on the same corporate culture that Bruce spent his life creating; one where people always come first.”
B.I.G. Logistics offers domestic and international freight forwarding, among other services. More information is available at http://www.biglogistics.com.