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Generational Equity Announces the Acquisition of Memphis City Cartage, Inc. by Chaser, LLC
By Generational Equity
01/05/2016
Generational Equity, 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 Equity 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
Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.
With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit https://www.generational.com.