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04-08-2022, 01:42 PM #1
- Join Date
- Jan 2022
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- 14
Acquisition of an established FedEx Line Haul Contractor
I have a Client that has signed an APA agreement to acquire an established FedEx Line Haul Contractor.who has the contracts
Purchase price is $13M and is an asset purchase deal
Loan amount requested: $6 million USD.
About the Assets
Current COO, CFO, Controller and regional directors will remain on board.
The company has been a FedEx contractor for 18 years and has had a successful track record with FedEx and all contracts automatically renewed every year.
Gross Rev: $13.3 million
Annual SG&A and OPEX of $10.1
Current EBITDA of $3.2 Million
Company has 3 contracts with FedEx and operates out of 3 different hubs in three states.
Any lender out there that can do this?
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04-09-2022, 01:32 PM #2
- Join Date
- Jan 2022
- Posts
- 42
I may be able to finance this project. Can you contact me with more details?
Dan WallaceSVPEnterprise BankNational, direct SBA lenderFast and creative financing solutions970-390-6650dwallace@enterprisebank.com
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