MERGERS & ACQUISITIONS
The latest M&A opportunites in issue 83 of FORWARDER magazine, available online now and sponsored by Freight Mergers.
F REIGHT
MERGERS & ACQUISITIONS OPPORTUNITIES
UK FREIGHT FORWARDER SEEKING STRATEGIC PARTNER
OVERVIEW
This is a UK company based in the East, they have been established in excess of 20 years and run by two shareholders. The owners now want to become part of a larger group where they can expand and develop their resources. They are willing to stay with the business for period of two to five years to assist with the growth and ensure there is a clean transition.
KEY POINTS
• 2 shareholders
• Established 20+ years
MODES
VERTICALS
• Events
• Construction
• Food & drink (ambient)
FINANCIALS
2022 (forecast)
Revenue: £6,586,381
Gross Profit: £1,059,360
Net Profit: £418,777
2021
Revenue: £6,994,226
Gross Profit: £1,142,661
Net Profit: £317,910
• Manufacturing LOCATION
East, UK
MAIN ROUTES
• Europe -
CONTACT
Andy Dalton , Head of M&A enquiries@freightmergers.com
+44 (0)1454 275 933
SELLER
2 FORWARDER magazine ISSUE83 Advertising: +44 (0)1454 628 795 tony@ FORWARDER magazine.com
Sea freight export 96%
Sea freight import 3%
Road freight export 1% CONTROLLED VS AGENT
100% controlled
•
•
•
•
UK
REF
REIGHT
Project PORT F
SOUTH EAST UK FREIGHT FORWARDER SEEKING BUYER
OVERVIEW
This is a well-established business based in the South East, UK. They have a strong reputation within the industry and cover a range of modes. The shareholders are looking to exit the business as they have been running the company for 15 plus years and they would like to do something different other than freight forwarding.
KEY POINTS
• 2 shareholders
• Est. 15+ years
• 20 staff (as of Feb-22)
• 3 offices
• Asset light
• No client over 20% of turnover
• 2nd tier management in place
• Membership/Accreditation: BIFA, IATA, FIATA
MODES
• Road: Import 11%, Export 30%, Domestic 1%
• Air : Import 9%, Export 11%
• Sea : Import 4%, Export 5%
• Courier : Import 7%, Export 10%, Domestic 1%
• EU customs clearance: Import 3%,Export 7%, Other 1%
F REIGHT
FINANCIALS
*Year-end August
Feb 2022 (6 months)
Turnover: ~£2.4m
Gross Profit: ~£520k
Net Profit: ~£87k
Aug 2021
Turnover: ~£3.8m
Gross Profit: ~£850k
Net Profit: ~£215k
LOCATION
South East, UK
Aug 2020
Turnover: ~£2.8m
Gross Profit: ~£670k
Net Profit: ~£133k
AUG 2019
Turnover: ~£2.5m
Gross Profit: ~£610k
Net Profit: ~£28k
CONTACT
Andy Dalton , Head of M&A enquiries@freightmergers.com
+44 (0)1454 275 933
Content submission: editor@ FORWARDER magazine.com FORWARDER magazine ISSUE83 3
REF Project GATEWAY
SELLER
MERGERS & ACQUISITIONS OPPORTUNITIES
USA CUSTOMS BROKER & FREIGHT FORWARDER SEEKING ACTIVE BUYER
OVERVIEW
This US-based company is seeking an active and experienced buyer who is in the market for a well-known traditional customs broker and freight forwarder. They are involved in various aspects of international transportation, specialising in the handling of sensitive and ‘special needs’ cargo including time-sensitive shipments, perishables, heavily regulated commodities, government cargo, hazmat, oversized/overweight and highvalue merchandise.
KEY POINTS
• Est. 1982
• 2 shareholders
• A range of operating licences:
- IATA, CNS
- TSA/DOT/FAA
- Licensed customs broker
- Duty drawback specialists
- ISO 9002 – 1994
- C-TPAT
- SAM
• NVOCC (Including DoD)
• Warehousing: 3,000 sqft
• International transport
MODES
•
FINANCIALS
January to May 2021
Revenue: $10.8m
Gross profit: $1.9m
Net profit: $ 875k
Forecast full year 2021
Revenue: $ 30m
Gross profit: $ 4m
Profit before tax: $2m
2020
Revenue: $19.1m
Gross profit: $ 3.4m
Net profit: $ 634k
2019
Revenue: $12.5m
Gross profit: $2.6m
Net profit: $130k
•
LOCATION
USA
SELLER F REIGHT
CONTACT
Andy Dalton , Head of M&A enquiries@freightmergers.com
4 FORWARDER magazine ISSUE83 Advertising: +44 (0)1454 628 795 tony@ FORWARDER magazine.com
9%
Air : import 57% | export
29%
5%
Sea : import
| export
+44 (0)1454 275 933 REF Project CAPITAL
FREIGHT FORWARDER OPEN TO ACQUISITION
OVERVIEW
The two main shareholders, being in agreement, are looking for a retirement driven exit, with both having spent over 40+ years in the freight industry.
A second tier of directors/minority shareholders, have been put in place to continue and move the business forward. A niche market, single commodity-based forwarder, with active offices in the UK and USA, along with long term and established global partners. A strong and well respected reputation within the industry space, long standing established and focused specific trade lanes, together with additional global coverage.
KEY POINTS
• Est. 2005
• US Office opened 2008
• 2 Majority shareholders/ Directors
• 4 Newly appointed minority shareholders/Directors since 2022
• Locations: Essex, UK New Jersey, USA
• Members of staff: 26 across two sites
MODES
USA office
• Sea import: 40%
• Air import: 5%
• Domestic: 5%
MAIN ROUTES
• Far East to UK: 25%
• Far East to USA: 30%
• UK to USA: 25%
• USA to UK: 10%
• Other Business: 10%
All Services multiple LCL Loadings with additional FCL movements. On weekly basis. Business profile is based on customer control on FOB terms on all routes.
UK office
• Sea import: 30%
• Air import: 5%
• Domestic: 15%
FINANCIALS
2023 Q1
Revenue £ 2.2m
Gross Proft £ 684k
Profit before tax £ 369k
2022
Revenue: £12.2m
Gross Profit: £3.2m
Profit Before Tax: £1.7m
2021
Revenue: £ 9.1m
Gross Profit: £2.2m
Profit Before Tax: £963
2020
Revenue: £5.1m
Gross Profit: £1.4m
Profit Before Tax: £209k
Debt free, asset light, cash positive
LOCATION
Essex UK & New Jersey USA
CONTACT
Andy Dalton , Head of M&A enquiries@freightmergers.com
+44 (0)1454 275 933
SELLER REF Project SCHOLAR
Content submission: editor@ FORWARDER magazine.com FORWARDER magazine ISSUE83 5
F REIGHT Are you planning to buy or sell a freight forwarding company? freightmergers.com enquiries@freightmergers.com +44 (0)1454 275 933 Freight Mergers are specialists in selling owner-managed freight forwarding, transportation and logistics businesses. For most company owners, selling their business is the most important financial transaction of their life. Therefore, we tailor our services to each individual client’s needs, utilising our mastered, proactive approach to selling businesses that connects strategic buyers with sellers who are aiming to realise the value of their business. We have over ten years of experience in the sector and, due to our specialist approach and unparalleled network, we can put you in touch with international and domestic trade buyers.