Organizing a major trucking company to capture equity value for M&A transition
A trucking company with a well-earned reputation for performance, and customer service had been trying to sell the company due to fatigue and the illness of one of the partners. The asking price was $1.5 million, but no offers had be received within a year prior to Lavan's involvement. They realized they needed help to develop an effective strategy and were referred to Lavan by their CPA.
Company and Owner Goals:
- Organize the company so it could be presented in a format that captured its value
- Layout a high level growth plan that could be presented as part of the value presentation.
- Layout possible transition plans based on personal goals and planning