DALLAS, Jan. 5, 2015 /PRNewswire/ -- 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 Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the Valuation Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
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