Haney and White, a 3PL, acquires family-owned B.R. Williams’ truckload and LTL companies. Tenney Group Advises sell-side, B.R. Williams.
LOUISVILLE, Ky. & OXFORD, Ala. –Haney and White Enterprise, a Shepherdsville, Kentucky-based company that owns Haney and White Logistics and Running Ox Logistics, specializing in transportation and brokerage services nationwide, has finalized the acquisition of B.R. Williams Trucking and B.R. Williams LTL Logistics. This acquisition of an established transportation firm headquartered in Oxford, Alabama, strategically integrates four prominent transportation entities under Haney and White Enterprise ownership, including Haney and White Logistics, an asset-light logistics company with robust sales and management structure; Running Ox Logistics, which specializes in freight brokerage using cutting-edge technology solutions; and B.R. Williams Trucking and B.R. Williams LTL Logistics, which brings substantial assets, capacity, a robust customer network, and synergistic advantages in trucking, warehousing and logistics. Together, the four entities will combine as an integrated services company, BRW.
“The combination of these four companies provides a dynamic, disruptive, and driven enterprise built on integrity that is ideal for taking advantage of market growth opportunities and long-term sustainability. We’re confident and excited to embark on this combined venture”
BRW will employ over 300 people across its locations in Kentucky, Georgia, Alabama, and Florida. The combined BRW will have immediate annual revenues approaching $100 million and expects to reach $250 million by 2030 through combined synergies and a growth strategy already in motion. With this acquisition, the company operates approximately 175 tractors, over 700 trailers, and five warehouses spanning over one million square feet.
“The combination of these four companies provides a dynamic, disruptive, and driven enterprise built on integrity that is ideal for taking advantage of market growth opportunities and long-term sustainability. We’re confident and excited to embark on this combined venture,” said Nate Haney, co-founder of Haney and White Enterprise. “Inspired by B.R. William’s legacy of excellence and unwavering commitment to customer satisfaction, we are eager to build upon this strong foundation and propel the company to new heights of success.”
The synergies in customer offerings across the integrated BRW companies provide an expanded suite of services and capacity for both existing and new customers. These synergies will drive revenues across several verticals, including managed freight, brokerage, asset trucking and warehousing.
This strategy facilitates direct growth in the Southeast corridor from Indiana to Florida, with a focus on automotive manufacturers and suppliers, e-commerce and government contract opportunities for BRW. With the essential resources for expansion and enduring viability, the acquisition further enables BRW to replicate established customer bases across the upper Midwest and Southern regions of the United States.
B.R. Williams Trucking, a family-owned and operated business since 1958, is a veteran in the transportation industry. CEO and President Greg Brown assumed the position following his mother-in-law and co-founder Ruth Williams’ retirement in 1992. Under new ownership, the company remains committed to delivering dependable and efficient trucking, warehousing and logistics solutions to its customer base.
“I am eternally grateful for the B.R. Williams family. I care about each employee who has been so devoted and loyal to the B.R. Williams brand,” said Brown. “I would like to express our heartfelt gratitude to our customers and partners for their continued support and trust for the past 66 years. With Haney and White at the helm, B.R. Williams is poised to reach even greater heights, further solidifying its reputation as a trucking, warehousing, and logistics industry leader, and look forward to a future of continued success and growth.”
“We deeply appreciate all of our existing employees and customers, and we are highly optimistic about this acquisition and the future of our new company,” said Mike White, co-founder of Haney and White Enterprise. “Our objective is to maintain the exceptional service standards that have been established while pursuing new avenues for growth and innovation. B.R. Williams boasts an outstanding team, and we are enthusiastic about collaborating to accomplish our remarkable milestones together.”
Ashesh Pansuria, Vice President of sell-side Advisory firm, Tenney Group shared, “The recent merger between B.R. Williams and Haney and White Enterprise highlights that deals are still happening in our industry despite the challenges in the freight market. Representing B.R. Williams, its management, and the Williams family, was both an honor and a privilege. From the moment Greg Brown, CEO and President of B.R. Williams, and I had our first dinner meeting with Nate Haney, co-founder of Haney and White, there was an immediate sense of trust, respect, and admiration for each other’s business integrity. These initial discussions laid the groundwork for this successful merger. I would like to extend my special thanks to Greg Brown, a true gentleman in our industry, his entire management team, and to Nate Haney and Mike White for allowing The Tenney Group to assist with this transaction.”
To learn more about BRW, visit www.BRWnow.com.
About BRW
BRW, headquartered in Shepherdsville, Kentucky, is a leading provider of logistics, transportation, brokerage, and warehousing services nationwide. The company integrates the expertise of B.R. Williams Trucking, LLC., B.R. Williams LTL Logistics, LLC., Haney and White Logistics, and Running Ox Logistics, leveraging their combined strengths in freight brokerage, advanced technology solutions, and comprehensive logistics management. With operations spanning Kentucky, Georgia, Alabama, and Florida, BRW employs over 300 employees and manages over 175 tractors, more than 700 trailers, and five warehouses totaling over one million square feet. The company is committed to delivering innovative solutions and exceptional service to its diverse customer base. Learn more at BRWnow.com.
About Tenney Group: Tenney Group is a merger and acquisition advisory firm that has been dedicated to the transportation and logistics industry since 1973. Tenney Group primarily provides sell-side advisory services for companies with annual revenues ranging from $20M to $300M. For more information, visit www.thetenneygroup.com
