Merger & Acquisition Insights

Posted on February 21, 2022

Roberts Energy & Brown Bear Transportation Acquire Abenaqui Carriers Creating One of the Largest Fuel Haulers in New England

Springfield, MA — Roberts Energy and Brown Bear Transportation are excited to announce the acquisition of New Hampshire-based transportation company, Abenaqui Carriers. Roberts is one of the largest direct fuel suppliers and petroleum common carriers in the Northeast, with the company’s transport division, Brown Bear, being the fastest-growing petroleum hauler in the area. This acquisition further […]

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Posted on January 04, 2022

Wilson Logistics’ Western Operations Acquired by Ashley Furniture, Nation’s Largest Furniture Retailer. Tenney Group Advises.

Ashley Furniture has acquired assets from asset-based logistics provider Wilson Logistics. An affiliate of Ashley Distribution Services (ADS) inked the deal on December 27th. Terms of the financial transaction were not disclosed. Springfield, Missouri-based Wilson Logistics has a truckload fleet of over 1,200 trucks serving the western U.S. The family-owned company began more than 40 years […]

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Posted on December 20, 2021

4 Boxes You Must Check if You Want to Sell Your Business in 2022

If you are considering a sale in 2022, make sure you have your ducks in a row. If you can check the following four boxes, you will be in good position to sell at your company’s best value and simultaneously experience peace of mind before, during, and after the sale process. Find Out What It […]

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Posted on November 12, 2020

5 Reasons to Consider Selling Your Trucking Company Now

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Whatever your experience in the trucking industry has been this past year, I think we can all agree that 2020 has been different. I’ll spare you from having to rehash all of the highs and lows from the past 10 months, and instead focus this article on where these events have landed us today, and […]

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Posted on October 27, 2020

Selling a Business During an Uncertain Election and a Global Pandemic is Crazy. Or, Is It?

Timing a transfer of business ownership is a challenge. Even when we take economic and political factors off the table, owners still have a host of other things to consider as they work to promote the interests of their families, employees, and legacy. 2020 has been full of unexpected turns and twists which make the […]

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Posted on September 29, 2020

4 Tips to Make Your Exit Seamless

What does a wedding, building a house and exiting a business all have in common? Yes, they’re all monumental moments in someone’s life, but the truth (and real answer) is that all three require extensive preparation and planning for them to end up as ideal as they can be. While I’m sure some of the […]

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Posted on September 10, 2020

USPack Acquires Freight Rite. Tenney Group Advises

Aug. 24, 2020 — USPack, a national leader in high speed, final-mile logistics and NewSpring Holdings portfolio company today announced the acquisition of Freight Rite, further expanding its omni-channel retail logistics capabilities and national footprint. Tenney Group, an industry specialized M&A firm, advised the seller.   The strategic acquisition of Freight Rite supports USPack’s commitment to white-glove […]

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