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Jan 16, 2009

TRUCKING INDUSTRY NEWS * USA

* Main Street invests in trucking firm

Arlington,WASH,USA -The Houston Business Journal, by Greg Barr (Houston,TX) -15 Jan 2009: -- Private equity firm Main Street Capital Corp. is part of an investment group that has orchestrated the $34 million buyout of a West Coast trucking and logistics firm... The group that purchased Smokey Point Distributing Inc., based in Arlington, Wash., includes Main Street, individual investor Don Daseke — now Smokey Point chairman and majority owner — and Dan Wirkkala, Smokey Point president and chief executive. The new entity is known as Walden Smokey Point Inc.

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