Spotlight: M&A – Connecting Buyers and Sellers
The mergers and acquisitions market within the transportation industry remains strong during the first quarter of 2024. This strength has been led both by strategic buyers looking to grow their operations via acquisition rather than organically, along with continued private equity investment within transportation, and sellers looking to exit as they reach retirement age or deciding not to reinvestment in their businesses during the current down cycle in the industry. Regardless of the reasons for going to market, many companies have difficulty identifying and making contact with quality buyers and sellers.
The Firm’s M&A practice group has extensive experience providing services related to the buying and selling of transportation companies, including motor carriers, freight brokers, 3PLs, equipment leasing companies, and warehouse operators. Specifically, the Firm regularly serves as legal counsel in negotiating acquisitions and sales of transportation companies and, especially important in today’s environment, it is uniquely positioned to serve as “a finder” by introducing buyers to sellers and sellers to buyers. Due to our many years as counsel to the transportation industry, we are positioned to connect interested parties, fostering trust through that connection given the quality and character of the Firm’s client base. Importantly, as attorneys, the confidential nature of any proposed transaction is closely guarded.
In addition to the Firm’s client base, we have many other connections throughout the transportation industry. For example, our contacts with the American Trucking Associations, Transportation Lawyers Association, and the Canadian Transportation Lawyers Association allow us to easily expand the search for potential acquisition opportunities. Our vast network affords us the ability to identify serious buyers and sellers, rather than those who are simply “testing the water.” We do not employ a shot gun approach where many contacts are made, instead we focus on the opportunities that meet the acquisition criteria specifically established by the client.
If you or your company is looking to pursue growth via an acquisition or considering an exit from the industry, please contact one of the Firm’s M&A attorneys, Jay D. Robinson, Jr., Todd Metzger, or Katie Feary-Gardner to discuss our finder services and an appropriate strategy for your situation.
A quarterly newsletter of legal news for the clients and friends of Scopelitis, Garvin, Light, Hanson & Feary
News from Scopelitis is intended as a report to our clients and friends on developments affecting the transportation industry. The published material does not constitute an exhaustive legal study and should not be regarded or relied upon as individual legal advice or opinion.
Spotlight: M&A – Connecting Buyers and Sellers
The mergers and acquisitions market within the transportation industry remains strong during the first quarter of 2024. This strength has been led both by strategic buyers looking to grow their operations via acquisition rather than organically, along with continued private equity investment within transportation, and sellers looking to exit as they reach retirement age or deciding not to reinvestment in their businesses during the current down cycle in the industry. Regardless of the reasons for going to market, many companies have difficulty identifying and making contact with quality buyers and sellers.
The Firm’s M&A practice group has extensive experience providing services related to the buying and selling of transportation companies, including motor carriers, freight brokers, 3PLs, equipment leasing companies, and warehouse operators. Specifically, the Firm regularly serves as legal counsel in negotiating acquisitions and sales of transportation companies and, especially important in today’s environment, it is uniquely positioned to serve as “a finder” by introducing buyers to sellers and sellers to buyers. Due to our many years as counsel to the transportation industry, we are positioned to connect interested parties, fostering trust through that connection given the quality and character of the Firm’s client base. Importantly, as attorneys, the confidential nature of any proposed transaction is closely guarded.
In addition to the Firm’s client base, we have many other connections throughout the transportation industry. For example, our contacts with the American Trucking Associations, Transportation Lawyers Association, and the Canadian Transportation Lawyers Association allow us to easily expand the search for potential acquisition opportunities. Our vast network affords us the ability to identify serious buyers and sellers, rather than those who are simply “testing the water.” We do not employ a shot gun approach where many contacts are made, instead we focus on the opportunities that meet the acquisition criteria specifically established by the client.
If you or your company is looking to pursue growth via an acquisition or considering an exit from the industry, please contact one of the Firm’s M&A attorneys, Jay D. Robinson, Jr., Todd Metzger, or Katie Feary-Gardner to discuss our finder services and an appropriate strategy for your situation.
News from Scopelitis is intended as a report to our clients and friends on developments affecting the transportation industry. The published material does not constitute an exhaustive legal study and should not be regarded or relied upon as individual legal advice or opinion.