Palladium Equity Partners, a Chamber member, is supporting the rapid growth of its portfolio company, Source Logistics—a leading U.S. distributor of Latin American and other food and beverage brands. Since acquiring a majority stake in November 2023, Palladium has helped accelerate the company’s national expansion, with revenue projected to reach up to USD 170 million by the end of 2025.
“This is a relatively new acquisition for us and currently we are in investment mode,” said Daniel Ilundain, President and Co-Head of Funds at Palladium Equity Partners. Source Logistics CEO Raul Villarreal added, “We’re far from tired of this venture,” signaling strong momentum for continued growth.
The company has recently opened major warehouse facilities in Dallas, Houston, Laredo, and New Jersey, and expanded into the Chicago market through the acquisition of LaGrou Distribution’s warehousing business. These moves significantly increase the company’s reach, now covering 80% of the U.S. Hispanic population.
This news was originally reported by ION Analytics / Mergermarket.
