Trucking and logistics consultants play key role in Echo Global Logistics’ latest acquisition.
/EINPresswire.com/ Phoenix, AZ, July 7, 2011—Ahern and Associates, Ltd., recently represented Echo Global Logistics, Inc. in a management consulting capacity by locating a suitable acquisition target in Advantage Transport, Incorporated. Ahern and Associates, Ltd. is a leading transportation management firm specializing in representing buyers in trucking and logistics acquisitions.
Echo Global Logistics has acquired substantially all of the assets of Advantage Transport, Inc., a truckload (TL) transportation brokerage firm based in Phoenix, Arizona effective July 1, 2011. In addition, Echo has retained the entire Advantage Transport workforce following the acquisition.
This latest acquisition marks the third time overall that Echo Global Logistics has called upon the savvy analysts at Ahern and Associates to locate an acquisition target which met their strategic goals.
Chicago based Echo Global Logistics is a leading provider of technology-enabled transportation and supply chain management services, delivered on a proprietary technology platform, serving the transportation and logistics needs of its clients.
Advantage Transport is composed of skilled transportation professionals who specialize in TL shipping, carrier relations and servicing customers ranging from small shippers to large Fortune 500 companies. Effective immediately, Advantage Transport will begin doing business as Echo Global Logistics, Inc. In calendar year 2010, Advantage Transport generated approximately $26 million in gross revenue and is expected to immediately contribute to Echo’s bottom line.
“We’re very pleased to have aided Echo Global Logistics in meeting their specific goals and objectives for a third time,” said Andy Ahern, CEO of Ahern and Associates. “Our dozens of repeat clients such as Echo Logistics substantiates Ahern’s ability to create markets for acquisitions and satisfactorily fulfill consulting assignments.”
About Ahern & Associates, Ltd.:
Ahern and Associates is North America’s leading trucking and transportation management consulting firm. The skilled consultants at Ahern and Associates specialize in mergers and acquisitions of trucking and logistics companies as well as the restructuring and evaluation of existing carriers that seek to increase operating efficiency and improve profitability. Since 1987, Ahern and Associates has aided hundreds of buyers in the acquisition of trucking and logistics companies throughout the U.S. and Canada as well as assisting many transportation and logistics companies in reducing their overall operating costs and increasing their profitability. For more information, please call 602-242-1030 or visit http://www.Ahern-Ltd.com
Jason W. Jantzen
Phoenix Marketing Associates