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Acquisition
| Investment Date: |
June 2005
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| Revenue: |
$142M
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| Fenway Investment: |
$76M
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Value Creation
- Invested in organization to pursue new market verticals
- Acquired capability to provide expedited air service solutions
- Revamped owner/operator recruiting and retention program
- Identified enhancements to proprietary IT system to maximize pricing and fleet utilization
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Panther Expedited Services is the leading independent provider of expedited ground transportation services for time-critical transportation needs. |
Investment Profile
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- Shippers interest in improving supply chain efficiencies drives demand for this service
- Time critical nature of service reduces price sensitivity
- Non-asset based model: attractive free cash flow and high return on invested capital
- Proprietary IT system is a competitive advantage
- Variable cost structure can flex to market demand
- Expand industry verticals and geographies served
- Enhance functional capabilities
- Expand service offerings
- Pursue add-on acquisitions
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Facts at a Glance
