So far, 2015 has been a very active year for both the trucking industry and for Ahern & Associates as well, a trend that is expected to continue. The outlook for mergers and acquisitions continues as a busy one, and it is Ahern’s prediction that these transactions will continue to soar through year’s end. This is especially the case as more and more owners of trucking companies seek to buy growth and reduce their costs.
Analysts state there is an abundance of cash for making deals worldwide. Several recent articles coincide with this fact, indicating that there is up to $1 trillion sitting in idle private equity firms, eager to put that money to work. In the trucking industry, there is an increased pressure to increase profitability, and the economy in general still hasn’t reached its expectations. By acquiring, or joining a larger organization, financial security can be gained for many trucking and logistics companies.
In each of the two recent transactions that were closed with the advisory services of Ahern & Associates, the companies that were purchased were very profitable, and each had a long history of success. The respective management team of each company will remain on board at each, going forward.
For more information on Ahern & Associates and the advisory services the firm provides, interested parties are asked to contact Andy Ahern at (602)242-1030 or email him at firstname.lastname@example.org.
About Ahern & Associates, Ltd.
Ahern and Associates is North America’s leading trucking and transportation management consulting firm. The skilled consultants at Ahern and Associates specialize in mergers and acquisitions of trucking and logistics companies as well as the restructuring and evaluation of existing carriers that seek to increase operating efficiency and improve profitability. Since 1987, Ahern and Associates has aided hundreds of buyers in the acquisition of trucking and logistics companies throughout the U.S. and Canada as well as assisting many transportation and logistics companies in reducing their overall operating costs and increasing their profitability.
For more information, please call 602-242-1030 or visit http://www.ahern-ltd.com.
Ahern & Associates
+1 602 242 1030
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