Case Study: Aces Limited - Exclusive Sale
Situation
- Northeast Consolidators, Inc. and Aces, Ltd., based in Scituate, MA is a leading provider of freight-forwarding and logistics services to forest products companies across the country.
Objective
- Ownership sought to provide liquidity event for shareholders, identify a strategic partner that would deliver technology and additional resources to its customer base, and negotiate a career for CEO Cindra Zambo who wanted to continue building the company.
Solution
- Matrix contacted 20 potential strategic buyers and received several bids.
- The sellers chose Kuehne + Nagel due to their geographic reach, technological depth, and the rapport they achieved
