Immediate Release: September 28, 2017
Sun Acquisitions is pleased to announce the sale of trucking firm Pro-Freight Express. The Business has been in operation for over 25 years and has built a notable reputation for itself.
The Company provides local trucking services to customers within a 100-mile radius of Chicago. The Company also offers special services to customers including the assembly of multiple shipments from different terminals, consolidation of all freight into one container for delivery and storage of freight to deliver on a demand basis.
The Company has developed a tenured customer list over the years. Reliable, honest service, regular communication and top-notch customer service are key pillars of the Business. The Business has a great potential for growth as truckload volumes and trucking services are projected to increase annually for the next five years. Additionally, Pro-Freight Express is located centrally in the Chicagoland area where there is abundant opportunity for expansion and new customer acquisition.
Sun Acquisitions generated 83 potential buyers for the Business that resulted in 4 offers. The Business was acquired by an individual investor that has prior exposure to the trucking industry.
About Sun Acquisitions
Sun Acquisitions is a Chicago based mergers and acquisitions firm. We work with clients that are interested in the confidential sale, acquisition or valuation of privately held middle market and main street companies. Our professionals have significant experience and knowledge to thoroughly guide clients through each stage of the sale or acquisition process. Sun Acquisitions has successfully managed and handled engagement across all industries and is recognized as a leading M&A advisory firm in the Midwest.