Raymond Chabot Grant Thornton’s Corporate Finance team is pleased to announce the successful sale of Zac-Tranz Inc. to Loyal Express Group.
Founded in 2000 by Kenneth Bursey, Zac-Tranz is a privately held, Canadian-based transportation and logistics company, providing seamless terminal to door, on-time, container delivery and interchange services primarily in the Quebec and Ontario markets. Through organic growth and acquisitions, the Company is one of the leaders in the intermodal transport and logistics industry in Eastern Canada.
Zac-Tranz owns and operates three terminals in prime locations in the province of Quebec as well as additional terminal properties located in the greater Montreal area. With a solid and experienced team, state-of-the-art technology and a fleet of more than 500 trucks and chassis, they are a one-stop shop that can answer all of their customer’s needs.
Established in 1988, Loyal Express Group provides a full range of specialized freight and shipping services from dry, reefer to flatbeds equipment.
“With this acquisition, Loyal Express Group will increase and diversify their existing service offering to continue to be a preferred partner for all their customer’s needs for trucking, warehousing, logistics and now intermodal needs.” states Ted Stavrakis, President of Loyal Express Group. “We couldn’t be happier to welcome the Zac-Tranz team to the Loyal Express family.”
Loyal Express Group acquires Zac-Tranz to accelerate growth and enhance diversification.
Zac-Tranz called on Raymond Chabot Grant Thornton’s Corporate Finance experts to advise on a majority stake sale of the Company.
“I would strongly recommend the Raymond Chabot Grant Thornton Corporate Finance team to any entrepreneur that is considering the sale of their business.” states Kenneth Bursey, President of Zac-Tranz. “They demonstrated a great understanding of my objectives and were able to implement and lead a sale process aligned with what was important to me. They exceeded my expectations on all levels.”
To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our deal team.
About Raymond Chabot Grant Thornton
Our leading mid-market focused corporate finance advisory team provides sector-specific advice on mergers, acquisitions and divestitures, debt and equity capital markets.
We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities.
Raymond Chabot Grant Thornton is a Canadian leader in the areas of assurance, tax, advisory services and business recovery and reorganization. Raymond Chabot Grant Thornton is Quebec’s leading professional services firm with more than 2,700 employees. As a member firm of the Grant Thornton International network and together with its Canadian counterpart Grant Thornton LLP, the firm is a member of one of the world’s largest professional services network made up of 58,000 people in nearly 140 countries.
28 Jul 2021 | Written by :