Case Studies

Refrigerated Trucking Company

Background

The client started an asset-based refrigerated motor carrier business in 1981, which he solely owned. The company was comprised of three separate entities, and despite incredible operation results with a solid four-year operating performance, the owner wanted to sell one entity and focus on investing in the other two.

Linq Approach

Linq worked with ownership for two months to separate co-mingled assets and financials. From there Linq conducted three more tasks: 1) package the opportunity for strategic marketing to selected investors and acquirers; 2) create a transition plan to address the impact of selling the company; and 3) create a transition plan to allow ownership the latitude to pursue other interests.


Results

Linq secured five interested parties and received multiple letters of intent. We worked with each interested buyer to create a full understanding on deal terms as well as post-acquisition value. We also created a plan to address future profitability enhancements.