/EINPresswire.com/ Waco, TX-based, less-than-truckload carrier, Central Freight Lines, Inc, seeking to expand operating footprint in the Tennessee area, calls upon nation’s top acquisition advisor to find a perfect match.
Phoenix, AZ – March 26, 2013 – Ahern & Associates are proud to announce that they have finalized an acquisition for Central Freight Lines, Inc. of Waco, Texas. Central Freight Lines has been considering expansion of their footprint in the Nashville, Tennessee area for some time but the complexity of the local market and the extensive barriers to entry that exist for transport and logistics companies meant that this would not be an easy task. Instead they relied on the experience and expertise of Ahern & Associates, Ltd. to guide them through the process. Drawing upon their experience and extensive industry contacts, Ahern was able to find Circle Delivery Service, Inc. a Nashville company that was the right fit for Central Freight Lines requirements. Through arranging for the purchase of specific assets from the local company Ahern was able to allow Central Freight Lines to seamlessly expand their operating footprint immediately.
News of this acquisition comes immediately after Ahern’s announcement of a record number of 11 letters of intent for the first quarter of 2013 and continues a record of excellence that is well known in the industry. During the most recent acquisition deal, Ahern contacted a seller who desired an exit strategy but did not know how to proceed. Because Ahern & Associates are transportation consultants with direct industry experience and not business brokers, an exit strategy which produced shareholder value was quickly formulated and put in place.
Central Freight Lines, Inc. is a premier carrier that is well-recognized within the trucking industry. Ahern feels very fortunate to have assisted them with their latest acquisition. Andy Ahern stated that if it were not for customers such as Central Freight Lines, Inc., Ahern & Associates would not continue to prosper. But he was quick to point out that in addition to being well known for its work with some of the largest privately and publically held transportation services across the country, Ahern also has considerable experience dealing with smaller companies, specializing at finding smaller regional acquisition targets, often in a very short period of time as evidenced by their work with Central Freight Lines, Inc. With this behind them and other deals already moving forward Ahern & Associates are continuing to set pace to not only break but smash their records from previous years.
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