KOMPASS NEWS
THE OFFICIAL NEWSLETTER OF KOMPASS KAPITAL MANAGEMENT
March 2024
OPCO SPOTLIGHT
DLX Ranks No. 74 on Inc. Magazine’s List of the Midwest Region’s Fastest-Growing Private Companies
DLX makes the 2024 Inc. 5000 Regionals: Midwest list for the 6th year in a row.
Inc. magazine announced that Dynamic Logistix (DLX) – a third-party provider of shipping technology and freight solutions – is No. 74 on its fourth annual Inc. 5000 Regionals: Midwest list, the most prestigious ranking of the fastest-growing Midwest private companies.
Managing more than $1 billion of freight, DLX focuses on small-to-middle-market shippers by providing end-to-end logistics solutions that manage and track shipments, automate tasks and performance reporting, reduce risk, and ultimately save companies time and money.
“We couldn’t be prouder of the accomplishments this team continues to make year after year,” said Jason Yeager, DLX’s Managing Partner. “This will be our sixth consecutive year being recognized by Inc. as one of the Midwest’s fastest-growing companies, and it’s proof that our product and the team and culture we have at DLX are all working together for the greater good of our partners.”
The companies on this list show a remarkable rate of growth across all industries in the Midwest region. Between 2020 and 2022, these 172 private companies had an average growth rate of 134.06 percent; by 2023, they’d also added 14,830 jobs and $24.5 billion to the region’s economy.
Complete results of the Inc. 5000 Regionals: Midwest, including company profiles, can be found at inc.com/Midwest.
“We couldn’t be prouder of the accomplishments this team continues to make year after year. This will be our sixth consecutive year being recognized by Inc. as one of the Midwest’s fastest-growing companies, and it’s proof that our product and the team and culture we have at DLX are all working together for the greater good of our partners.”
CORPORATE AFFAIRS
Upcoming Events: Kit build challenge and blood drive
American Red Cross Blood Drive
Kompass Kapital’s next quarterly blood drive is on Tuesday, March 26 from 11 AM – 4 PM in the 9800 Pavilion Conference Rooms.
Every day, blood donors help patients of all ages: accident and burn victims, heart surgery and organ transplant patients, and those battling cancer. In fact, one blood donation can save up to three lives!
Click HERE to schedule your appointment.
KKM Olympics first happy hour event: Kit Build Challenge
KKM Olympics is ready to kick off the 2024 season! Join us at 9800’s first-floor kitchen and training room for our first happy hour event on Thursday, March 21 from 4 – 6 PM.
Prepare for a fierce competition as our operating companies race to build kits for Ronald McDonald House Charities of KC. Each OpCo team of five people will take on the challenge of assembling 15 newborn gift baskets for expecting parents at Children’s Mercy.
Snacks and drinks will be provided. We also will have “suite” prizes as well! Come join us for an evening of fun, camaraderie and making a positive impact in our community.
IT
Technology on a tightrope: How robust is your IRP?
Technology is great…when it works right? Imagine your organization’s tech systems are like a circus performer walking a tightrope while juggling flaming torches. Now, picture an incident response plan (IRP) as the safety net below, sprinkled with a bit of magic dust that turns potential disasters into minor hiccups. This safety net doesn’t just catch you when technology decides to do a faceplant; it’s there to ensure the show goes on, the audience none the wiser.
First off, knowing your systems inside out is key. Which torch is most likely to set your pants on fire? Prioritize that! If your email system is more temperamental than a diva on opening night, make sure you have a plan to calm it down, fast.
Next, everyone in the circus needs to know their part in the emergency dance routine. When a system goes belly up, having a plan that clearly states who’s catching the torches (and who’s calling the fire brigade) is essential. It’s like having a choreographed routine for when things go off-script.
In the end, crafting an incident response plan is about making sure that when technology tries to throw your performance off balance, you’re ready to turn it into part of the act. After all, the show must go on, and with a solid IRP, it’ll be more of a comedy than a tragedy.
Reach out to IT Director, Joe Leigh, at jleigh@kompasskapital.com to discuss the robustness of your incident response plan (IRP).
Operations
ICYMI: KKM Granted Prestigious Award for Community Investment
On February 7, KKM accepted the Commercial Development Award from the Overland Park Chamber of Commerce recognizing developments and redevelopments with significant investment in the Overland Park economy, specifically the redevelopment of our building at 9800 Metcalf Avenue.
Of course, our beautiful building would not be here without the hard work of the many people who helped us design, engineer, landscape, and more to execute this redevelopment.
Thank you to our partners: Kompass Kapital Management, LLC (developer); Colliers International (broker); Rouse Frets White Goss Gentile Rhodes, P.C. and Lathrop GPM LLP (law firms); JRMA Architects Inc. (exterior renovation); AMAI Architecture (interior); W L Cassell & Associates, Inc., Norton & Schmidt Consulting Engineers, LLC, C.F.S. Engineers, (engineers); Richard Barrett (landscape architect); Greenwood Consulting Group LLC, LEED Project Management; Tom Martin Construction Inc.(general contractor); Madden McFarland (interior design)!
OPCO SPOTLIGHT
January: Wedding month at Kompass Funding!
The Kompass Funding team would like to congratulate our account executive, Zac Demos, on getting married on January 6! His wife Domi had always hoped for a “white wedding” and fortunately got her wish (pretty good odds for a January wedding).
We not only want to celebrate Zac’s marriage but highlight his hard work and accomplishments since joining Kompass Funding in June 2023. He has added over 30 opportunities to our pipeline and has closed TWO factoring deals. Great work, Zac!
The KKF team feels lucky to also learn professionally and personally from one of the best in their industry, our CEO John Minnis – who coincidently just celebrated his 24th wedding anniversary in January. Abby Czinege falls behind John in a close second with two years of marriage on January 15. Who knew winter weddings would be the trend at Kompass Funding!
Welcome VP of Commercial Credit, Tom Moster
Welcome our new VP of Commercial Credit, Tom Moster! Tom started at KKF at the end of February and will handle underwriting all new opportunities as well as managing our current client portfolio. He brings eight years of experience in the financial services industry, specifically within private credit and working capital solutions. If you haven’t met Tom yet, please stop in and say hi!
HR
HR Housekeeping
A few quick updates on projects and reminders rolling into the second quarter.
- 401(k) employer match for 2023 employee contributions has been issued.
- HR Team is working to reinstitute a per-paycheck 401(k) match, hopefully beginning 4/1/2024.
- Reminder to submit PTO days in Paychex when they are taken, not days or weeks afterward.
- Be sure to acknowledge the new employee handbook if you have not already.
If you have any questions about PTO, 401(k) or other benefits, please reach out to the HR team at hr@kompasskapital.com.
RECOGNITIONS & ACHIEVEMENTS
New Clients Launched in January
Recognitions:
Benjamin Moscardelli – DLX Record 371 Loads Covered
Promotions:
Drew McElwain – Senior Business Development Representative
Jack Hedden – Senior Business Development Representative
Nolan DeBord – VP of Project Management
Tanner Samame – Senior Quality Assurance Manager
Troy Cook – Vice President of Sales and Marketing
Isaac Wilson – Sales Engineer
Transfers
Dylan McKay – Colorado to Kansas City
New Hires
Burrow, Jacob P – Logistics Coordinator S
Browne, Douglas I – Logistics Coordinator S
Estes, Ashley R – HR Coordinator
Tubbert, Abby J – Logistics Coordinator S
Kobylinski, Patrick A – Logistics Coordinator S
Marshall, Adreyanna M – LTL Pricing Analyst
Boatwright, Drew C – TMS Support Specialist
Heimerman, Tyler – Data Analyst
Minnis, Andrew N – Intern DLX
Lamar, Shannon – Logistics Coordinator S
February Donation – G.I.F.T $5,000
New hire and promotions
Congratulations to Peter Morrison on his promotion from Sourcing Specialist to Technical Recruiter. Peter has been such an asset to our team, and we can’t wait to see how he continues to grow in his new role.
Moonshot Solutions welcomes our new Technical Recruiter, Carter Olsen to the team. Carter brings enthusiasm and eagerness to his new role at Moonshot, making him the ideal candidate for expanding our staffing services.
