Ahern & Associates' Industry Leading Merger and Acquisition Arm Reports Two New Completed Transactions
(PRWEB) February 18, 2014 -- Ahern & Associates has been acting as consultants to America’s premier transportation and logistics companies for over twenty-five years, specializing in their role as merger and acquisition facilitators. In 2013 they posted record activity for their merger and acquisition arm and are setting the pace for another record in 2014 as they announce the successful completion of two new transactions and two letters of intent. In both instances the sellers were so appreciative of the assistance lent by Ahern & Associates that they decided to provide written testimonials about their experiences with the consultancy firm.
In the first transaction, Andy Ahern personally helped facilitate a deal involving a well-known freight broker that generated in excess of $50M of annual revenue. This transaction hinged greatly on the established and enduring relationship between Ahern & Associates’ founder and CEO Andy Ahern and the CEO of the freight broker. This freight broker has worked with Ahern in the past, and following outstanding success, has relied on Ahern’s expertise and guidance over the years. In their testimonial the seller declared “I would strongly recommend anyone considering selling their transportation related businesses to use your services” and went on to praise the professionalism and depth of knowledge of the Ahern team.
The second of these recent transactions involved an over the road van carrier with an annual revenue in excess of $8M who was acquired by a larger logistics company seeking to expand their operating footprint and consolidate their market position. Upon the successful closing of the acquisition, the seller said to Andy, “It has been a long process that at times we thought may not work out, but with your help and guidance we were able to see it through and are extremely happy with the results and opportunity this has created for all of us. It is doubtful that without your dedication and commitment we would have been able to achieve our goals. Again, thank you Andy, I strongly recommend to anyone considering selling their transportation related business should give you a call, they will not be disappointed.”
Ahern & Associates are already looking ahead to future deals and are in the process of completing several more to be announced in the coming weeks. Ahern anticipates that the consolidation of the market along with the continuing impact of the weather on drive times and maintenance rates will continue to drive demand for businesses to seek operational assistance and anticipates that their consulting services will represent at least 50% of their business in 2014.
About Ahern & Associates, Ltd.
Ahern and Associates is North America’s leading trucking and transportation management consulting firm. The skilled consultants at Ahern and Associates specialize in mergers and acquisitions of trucking and logistics companies as well as the restructuring and evaluation of existing carriers that seek to increase operating efficiency and improve profitability. Since 1987, Ahern and Associates has aided hundreds of buyers in the acquisition of trucking and logistics companies throughout the U.S. and Canada as well as assisting many transportation and logistics companies in reducing their overall operating costs and increasing their profitability.
For more information, please call 602-242-1030 or visit http://www.ahern-ltd.com.
Andy Ahern, Ahern & Associates, http://www.ahern-ltd.com/, 602 242 1030, [email protected]
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