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Generational Group Announces the Acquisition of Memphis City Cartage, Inc. by Chaser, LLC
By Generational Group
01/05/2016
Generational Group, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Memphis City Cartage, Inc., (MCCI) headquartered in Memphis, Tennessee, by Chaser, LLC, (Chaser) headquartered in Anderson, Indiana. The acquisition closed on November 2, 2015.
Established in 2002, MCCI is a privately-owned and operated regional transportation services firm. It is a for-hire carrier that owns and operates its own tractors and trailers and employs its own drivers. To learn more, visit www.memphiscitycartage.com.
Managing Director Don Sawyer, Vice President Rebecca Gruman and Senior M&A Advisor Sam Sumner led the Generational Group deal team that advised MCCI on the transaction.
Sam Sumner said, “Chaser is building a broad range full-service transportation enterprise through acquisitions, and MCCI provides Chaser with a significant component to that process.”
Chaser is a transportation and logistics company, engaged primarily in hauling truckload shipments of general commodities in both interstate and intrastate commerce. Learn more by visiting www.chaserllc.com.
About Generational
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million in 2022, 2023, and 2024.
The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.