Global Niche Freight Forwarder Specializing in Project Cargo Logistics
This is an opportunity to acquire a 20-year-old non-asset-based, 3rd Party Logistics Solutions Provider (3PL). The firm specializes in the niche market of Project Cargo freight forwarding, and services globally diversified customers in the industrial and infrastructure industries as well as offering the full spectrum of Freight Forwarding traditional services. This includes research and feasibility, organization, and execution of logistics services for breakbulk and irregular cargo ranging from origin and destination inlands, rigging, rail, port services as well as barge, vessel chartering and on-site attendance at project locations. The experience and dedication; together with the innovative solutions is evidenced in the services provided and the growth of the company.
This company’s brand is recognized as a leader in the global market of project logistics. The ongoing success is a function of the company’s team, with combined industry-specific skills and experience of over 150 years. This, together with the strength of industry relationships yields competitive pricing and operational efficiencies that are evidenced in its proven track record.
In concert with this, the firm’s ongoing development of its corporate infrastructure includes ISO 9001:2015 certification, a proprietary HSE plan, as well as memberships in industry-wide associations on a global scale. Both management and employees attend annual conferences and association meetings, ensuring they are up-to-date with industry changes, while nurturing relationships with both vendors and clients.
The freight forwarding industry has experienced a significant increase in 2021. The dramatically increased globalization and pent-up demand carrying on from the pandemic has brought on supply-chain issues. These issues have increased global dependence on specialists in the freight forwarding industry, whose expertise is expected to be in high demand for the foreseeable future to ensure supply chain disruptions are minimized.
This opportunity is ideal for a complimentary business looking to incorporate a project logistics division, or strengthen an existing division by acquiring a well-established industry leader. Revenue and EBITDA numbers provided are for FYE 2021. Weighted average 4-year Revenue is $14,510,000 and 4-year weighted average EBITDA is $2,215,500. Market offers for share transactions will be considered.