Stillwater Capital, a leading transportation and logistics M&A advisory firm, is pleased to announce that it served as exclusive advisor to Transportation Specialist’s Group, Inc. (TSG) in its sale to Transportation Insight, LLC in September 2019.
TSG, headquartered in Suwanee, Georgia, provides technology-enabled transportation management services to help clients save money and drive efficiencies throughout their supply chain. Found in 1999 by industry veterans - Dawn Carr, Gary Smith, and Kevin Kaye - TSG has grown to become one of the top logistics providers in the country. TSG’s solutions are customer centric and multi-modal.The transaction, completed in September 2019, enables TI to increase its footprint and grow closer to becoming the leading freight brokerage platform in the industry.
“Transportation Insight is a dynamic, high-growth enterprise logistics solutions provider with strong intellectual capital and people that have a passion for delivering best-in-class supply chain solutions that improve the bottom-line results of their client partners. I am very excited to become part of an established leader in North American logistics, backed by the resources and commitment of Gryphon Investors.” says Dawn Carr, Co-Founder of TSG.
Transportation Insight HoldCo is a private holding company that offers a portfolio of logistics management solutions for the end-to-end supply chain needs of manufacturers, retailers and distributors. The organization’s market-facing brands, enterprise logistics provider Transportation Insight and recently acquired TSG and freight brokerage Nolan Transportation Group serve more than 7,000 clients with a technology-enabled platform of services.
“By acquiring TSG, Transportation Insight is continuing a core merger and acquisition strategy of buying well-positioned enterprise logistics businesses with a strong customer base,” said Transportation Insight Founder and Chairman Paul Thompson
Transportation Insight will benefit from the addition of the talented and experienced team at TSG. The founders of TSG will remain engaged with the business to ensure continuity as the TSG and Transportation Insight platforms are integrated.
“The TSG team has built a fantastic business that delivers best-in-class logistics services to America’s shippers. A lifetime of building and innovating has been well rewarded. Transportation Insight has made an excellent acquisition that strengthens its already impressive capabilities. We are delighted to have been a part of bringing these two organizations together. Both groups were consummate professionals and first-class people.”, said Jordan Nix, Vice President at Stillwater Capital.
Stillwater Capital acted as the exclusive financial advisor to TSG in the transaction. Stillwater’s deal team was led by Jordan Nix with the support of Brad Kerkhof.
About Stillwater Capital
Stillwater Capital is one of North America’s leading mid-market M&A advisors and experts in the Transportation and Logistics industry, having completed over 100 transactions in the past 18 years.
Stillwater is passionate about helping owners realize maximum value in the sale of their business. We believe that people who spend their lives building a company deserve the absolute best advice to ensure that hard work is rewarded in full.
Stillwater is a member of the world’s premier professional advisory group, Geneva Capital Group, connected to 30,000 of the world’s best legal, accounting, and M&A professionals in over 800 offices in 126 countries.
Released: September 30, 2019
seller , logistics , service , technology
