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 […]
Tags: acquisition, mergers & acquisitions, Selling a Business
Category: Press Release
read morePosted 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 […]
Tags: acquisition, mergers & acquisitions, Selling a Business
Category: Press Release
read morePosted on November 03, 2021
Titan Transfer, Inc. Acquires Central Pennsylvania Transportation. Tenney Group Advises.
Shelbyville, TN., October 29, 2021 – Titan Transfer, Inc., a truckload carrier servicing all parts of the United States, announced the acquisition of the assets of Central Pennsylvania Transportation (CPT) of Lancaster, PA. CPT is a dry van carrier that was founded by Chic Rhoads with three trucks. Today the company operates 71 company-owned trucks and approximately 91 […]
Tags: closeddeal, donedeal, M&A, transportation, trucking
Category: Press Release
read morePosted 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
read morePosted on January 05, 2021
Fraley & Schilling Acquires KBT Enterprises. Tenney Group Advises.
Rushville, IN., Dec 31, 2020 – Fraley & Schilling a truckload carrier servicing all parts of the United States, announced the acquisition of the assets of KBT Enterprises located in Fishers, IN. Since 1995, KBT Enterprises Inc. has been providing quality pneumatic dry bulk trucking and transport services, hauling bulk materials such as lime kiln dust, dry bulk […]
Tags: acquisition
Category: Press Release
read morePosted on December 09, 2020
Titan Transfer Acquires JTL Carriers. Tenney Group Advises.
Titan Transfer Acquires JTL Carriers. Tenney Group Advises. Shelbyville, TN., Dec 9, 2020 – Titan Transfer, Inc., a truckload carrier servicing all parts of the United States, announced the acquisition of the assets of JTL Carriers of Franklin, WI. JTL Carriers is a dry van hauler with a rich history of serving the auto industry at the highest […]
Tags: press release
Category: Press Release
read morePosted 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 […]
Tags: Selling a Business
Category: Press Release
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