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Transportation Transactions

Food Transportation Company in North Carolina

(Carrigan & Sons Trucking) This trucking business is located in the Charlotte area of North Carolina. They specialize in delivering chilled and frozen food products throughout the eastern half of the U.S. They also provide seasonal flatbed carrier services and a transportation brokerage business. They have a fleet of refrigerated trucks as well as the latest technology to allow them to provide the best logistics, fuel management, telematics, and more.  We received multiple offers and were able to sell the business for the full asking price. Please contact us if you would like to sell a transportation business in North Carolina or anywhere else in the US.

Transportation, Logistics & Warehousing

(Cougar Express) Trucking Company is known for their on-time delivery. The owner contacted us a couple of years ago when they were considering selling their business. They decided to wait until they were ready. Once they committed, we were able to sell their business to a public transportation company (Transportation & Logistics Systems, Inc.) that was acquiring multiple logistics businesses. They were able to make a more attractive offer than other potential buyers. The business was sold for 4X net cash flow in 7 months from when we started the sale process. Contact a Transportation Business Broker to sell your Trucking Company.

Medical Transportation Company in Western Massachusetts

(MJ Transportation) The company provides non-emergency medical transportation for patients to get to and from their doctor appointments. The owner wanted to relocate out of state. We were able to find the right buyer and negotiate terms that worked for both parties. Contact us to sell your medical transportation business.

Driver Education Company in Westchester County

(PAS Auto School) Driver Education company providing driving lessons to schools and private individuals. We executed a marketing plan that involved internet advertising, mailings, phone calls, and networking. We received multiple offers for this business opportunity. The business sold to a Private Equity Group. Contact us to sell your driving school.

Intermodal Trucking Company

The sellers owned a company that transports goods from shipper to consignee either by truck or by rail. And they are growing their Cross Docking business for Import and Export loads. The sellers were a 3rd generation trucking company and wanted to ensure the buyers were strategic.  We had 2 offers the sellers turned down, as he wasn’t comfortable with the buyers.  We received a final offer with cash at the close with no seller financing. The business was sold in 3 months from the time that we listed it. The buyer was a regional trucking company that offered the same services. The due diligence process challenge was the buyers wanted to push a personal guarantee on any indemnifications. The seller’s lawyer kept pushing back until we worked out a mutually agreed-upon agreement. The sales were on a multiple of 2.89 multiple of net cash flow. The business had 22 employees.

Collection Agency for Commercial Vehicle Insurance

Transportation Insurance Subrogation Collections Company was acquired by a private equity group. We received 5 offers and were able to deliver a price that was 5X the owner’s net income. The company’s clients are businesses with multiple vehicles for both passenger and cargo transportation fleet owners. The company identifies insurance collection opportunities in physical damage, loss of use, diminished value claims, and more, resulting in the collection of hundreds of thousands of additional dollars for its clients. Outstanding relationships with carriers result in the fast settlement of claims with robust customer retention rates. Contact us to sell your collections business.

Trailer Manufacturing and Distribution Business in Texas

They manufacture trailers for industrial, commercial, and recreational uses with over 40 models. They have a large 127,000 Sq. Ft. Manufacturing Facility with a 45-acre property. They have built up a large distributor network and also distribute other brands. They have over 90 employees. They supply trailers for automobiles, landscaping equipment, horses, cargo, motorcycles, livestock, and more. The business was very profitable but also came with some debt so took some time to find the right buyer.

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