• Keep many “balls in the air”

    March 30, 2012

    As we develop the trucking and logistics marketplace the total market of buyers and sellers begins to shrink. In our case we attempt to contact close to 300 trucking/logistics company a week to determine “who is buying” and “who is selling” or “is there a need for capital to buy…”. The market remains active as it appears that those who held off selling in the recent down years are now ready to make a move. The possible expiration of the 15% Capital Gains rate is an incentive as well. While there are many sellers, the typical type of deal in

    Read More

  • Boutique Investment Bank vs. Business Broker

    March 5, 2012

    In the transportation and logistics market we are constantly coming up against the tranditional local Business Broker as competition. It is important to distinguish the difference between a Boutique Investment Bank and a Business Broker. Lets start with the most obvious differences: Finra Licensing allows for securtiies transactions (IE: a stock sale) and insures the seller of a clean background check for the I-Banker. Private Equity experience is typically much stronger. Research on the Transportation and Logistics space is stressed nationally. After the sale services: a. Asset Management, Trust planning, succession planning utilizing a world wide top 10 Investment Bank,

    Read More

  • Trucking Industry Coverage

    February 24, 2012

    Our recent coverage has been focused on the bulk transport side of the business in areas as Food Grade, Chemical and basic sand and gravel. We look nationally for sellers and have developed an extensive database of buyers. In certain instances we will negotiate the LOI for our own investment,

    Read More

  • Trucking M&A

    February 22, 2012

    By all measures M&A activity in the transport industry appears to be very high. We are seeing numerous buyers at different levels from the Private Equity Funds, Large Strategic buyers and the small and large family owned transport companies. Bulk transport, whether its food grade, chemical or basic sand and gravel, is desirable.

    Read More

Security transactions are conducted through Penates Group, Inc. (FINRA/SIPC)
Penates Group, Inc. has no affiliation with any Clarke entity.