Transaction
Aces Limited
![](https://matrixcmg.com/wp-content/uploads/2014/11/Aces-Limited-business-services-dec2005-company-sale1-203x244.jpg)
Transaction Details
Client:
Aces Limited
Location:
Industry:
Buyer:
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.