In July 2005, Lake Capital acquired the SIRVA Logistics business assets from North American Van Lines, Inc., a subsidiary of SIRVA, Inc. (NYSE: SIR), and renamed the company NAL Worldwide LLC. The NAL team and Lake Capital are partnering to expand the scope of services and broaden the geography of NAL Worldwide, through organic as well as acquisition-enhanced means.

NAL Worldwide, formerly known as SIRVA Logistics, has been providing value-added supply chain services to Fortune 100 and other leading companies since 1988. The company's portfolio of inventory management and logistics services is delivered by an experienced group of associates. NAL Worldwide has its operational headquarters in Fort Wayne, Indiana, corporate headquarters in Addison, Illinois, and additional facilities across the U.S.

NAL Worldwide has created and executed customized solutions on behalf of its clients to address a broad array of critical supply chain challenges. Representative solutions include:

• The design and execution of an inventory in-transit merge program focused on ensuring the on-time delivery of telecommunications equipment and components from multiple vendors to cellular sites across the nation. Today, more than 17,000 sites are handled annually for the telecommunications industry.
• The conversion of 10,000 U.S. retail stores to a new brand identity as a result of a sizable merger. The company automated 70% of the workflow transactions, saving the client thousands of manager hours, facilitating timely execution of the conversion, and enabling the client to reduce total supply chain cost by 50% versus traditional store remodeling processes.
• The operational reinvention of a call center providing just-in-time high-tech parts location and dispatch. By increasing service levels, this technology client met 40% increased volumes with approximately half the original head count.

Since NAL was a "carve-out" of its former parent, Lake Capital had to oversee a twelve-month transition to a stand-alone company, including creating back-office systems and hiring resources that had previously been provided by the parent. In addition, Lake recruited a senior vice president of sales and more than a half dozen business development executives to create a salesforce that hadn't previously existed at NAL.

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