Buyers look for differentiation in an expensive field
The market for buying and selling third-party logistics providers and freight brokerages is red hot, according to Capstone Partners investment bankers Burke Smith and Nathan Feldman.
Rates for all modes of transportation rose quickly over the past year, pushing up 3PLs’ earnings power and making them more attractive targets. But buyers — especially private equity firms — are also paying more for those earnings, especially for larger...
https://www.freightwaves.com/news/bankers-have-never-seen-a-stronger-sellers-market-for-3pls