Transaction

Aces Limited


Transaction Details

Client:

Aces Limited

Location:

Scituate, MA

Industry:

Buyer:

Kuehne + Nagel

Transaction Type:

M&A Advisory

Close Date:

Situation
Northeast Consolidators, Inc. and Aces, Ltd., based in Scituate, MA is a leading provider of freight-forwarding and logistics services to forest products companies across the country.

Objective
Ownership sought to provide liquidity event for shareholders, identify a strategic partner that would deliver technology and additional resources to its customer base, and negotiate a career for CEO Cindra Zambo who wanted to continue building the company.

Solution
Matrix contacted several strategic buyers and received numerous bids.

The sellers chose Kuehne + Nagel due to their geographic reach, technological depth, and the rapport they achieved with the buyer’s CEO.

Back to all transactions