2018 has been a great year for the value of transportation companies, and the fourth quarter of this year continues the trends. The Clarke team is representing the following: $45 million MW Refrigerated Carrier, Sell Side $15 million SE Flatbed Carrier, Sell Side $16 million TX Flatbed Carrier, Sell Side $15 million Last Mile Delivery, Distressed Sale SW based Cooling Technology Company, Debt and Equity Capital Formation $20 million MW Logistics Company, Sell Side $18 million MW Intermodal Company, Sell Side $16 million MW Intermodal Company, Sell Side $70 million TX Carrier, Sell Side $34 million MW Refrigerated Carrier, Buyside Services
CVF Capital Partners (“CVF”), a Sacramento, CA based private equity firm, announced on September 21, 2018 that it has made a $6 million investment in Off Spec Solutions, LLC (“Off Spec Solutions” or “the Company”), a leading over-the-road trucking company servicing customers throughout the on Pacific Northwest and the Intermountain West. Daniel and Chris Salvador, co-founders and CEO and COO respectively, elected to partner with CVF to help finance Off Spec’s growth initiatives and will continue in their roles as day-to-day management of the Company. Founded in 2009 and based in Nampa, Idaho, Off Spec Solutions is a leading over-the-road
Staying busy is a good thing… Funded a $5 million debt line for an AZ based concrete construction company. Sold a Montana based transportation company. Under LOI, a Midwest based Intermodal Carrier. In the market; a NW based Intermodal Carrier, a Midwest based General Freight Carrier, a Manufacturer of Electric Trucks, an AZ based HVAC company and a CA based Refrigerated Carrier. The Team is doing great work!
Projects in the past year both current and closed: a, Recapitalization of a $90 million general freight carrier. / Delivered Term Sheet for $20 million in new debt and mezz debt financing. b. Sale of a 3PL warehousing / LTL / Brokerage company. / LOI delivered and in process c. Sale of a LA based liquid food grade bulk hauler. / On Hold for new numbers, company took a loss in 2013 d. sale of a MO based liquid food grade hauler. / In process. e. sale of a Mi based auto parts hauler. / In process. f. sale of
Staying Busy! a.. RECAP of a Midwest based, $100 million revenue General Freight Company, Currently under LOI b. Sale of a SF based Integrated Logistics Company c. Sale of a NW based Drayage and Port Services Company d. Sale of a SE based Flatbed and GF carrier, independent contractor model e. Sale of SoCal based Bulk Carrier f. Sale of a ND based Oil Field Services Company g. Debt Placement on a TX based Oil Field Services Company. By staying busy talking to Investors, Buyers and Sellers; we become more effective for the next client.