Merger & Acquisition Insights

Posted on March 12, 2021

4 Simple Habits of Highly Effective Acquirers

The number of buyers for transportation and logistics firms is increasing. The supply of available, quality transportation companies to purchase is not. As rising industry expenses pronounce the need for acquisitions, the importance of being an effective acquirer has never been higher. The good news is that being effective doesn’t have to be complicated. In […]

Tags: acquisitions, Buyer, Buying a Business, Seller

Category: Articles

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Posted on January 20, 2021

Q&A with Todd Reiser – Excess Auto Market Discussion

Q: What are the biggest challenges for larger transportation firms in today’s excess insurance environment? A: The pricing and availability of excess insurance coverage has been drastically impacted by the large number of adverse verdicts and settlements that have impacted the transportation industry.   Prior to two or three years ago, the industry had grown accustomed […]

Tags: acquisition, business value, Buyer, commercial auto insurance, exit planning, final mile, insurance, mergers & acquisitions, passenger marketplace insurance

Category: Articles

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Posted on January 19, 2021

Cardinal Logistics, an H.I.G. Capital Portfolio Company, Acquires NRX Logistics. Tenney Group Advises.

Stoughton, MA., Jan 19, 2021 – Cardinal Logistics (“Cardinal”), a portfolio company of H.I.G. Capital (“H.I.G.”), announced the acquisition of NRX Logistics (“NRX” or the “Company”). Founded in 1997 and headquartered in Concord, NC, Cardinal is a leading provider of dedicated transportation and logistics services in North America. Cardinal’s dedicated contract carriage (“DCC”) offering provides fully outsourced solutions […]

Tags: acquisition, final mile, press release

Category: Press Release

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Posted on January 19, 2021

Election Alert: How the New Administration’s Proposed Capital Gains Tax May Impact Transportation Business Value

Taxes aren’t red. They aren’t blue. They are, however, certain. The Biden Administration’s proposed tax plan presents new realities that all transportation and logistics business owners should thoughtfully consider as they look to 2021 and beyond. The overall plan is complex. If you would like to read the complete Biden plan, visit Biden Tax Plan: […]

Tags: capital gains tax, mergers & acquisitions, sale tax, taxes on sale of business, transportation

Category: All, Articles

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