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Acquisition
| Investment Date: |
August 2000
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| Revenue: |
$180M
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| Fenway Investment: |
$48M
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Value Creation
- Transitioned a $180M revenue family business into a $1B+ revenue leader in transportation/logistics
- Expanded and deepened management leadership team
- Completed 11acquisitions to create scale and service breadth
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With annual revenues exceeding $1 billion, Greatwide is a leading provider of truckload transportation and warehouse/distribution services. |
Investment Profile
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- Increased outsourcing of transportation-related functions by shippers
- Rise of lead logistics providers
- Excellent culture: service, safety
- Low-cost, variable expense model
- Asset-light based model with high return on invested capital
- Expand scale of service footprint
- Upgrade internal processes, financial discipline
- Leverage strong service reputation into securing complementary business revenue opportunities
- Date of Exit- December 2006
- Total Enterprise Value- $730M
- Multiple of Capital- 4.0x
- Revenues at Exit- $1.2B
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Facts at a Glance
