Sun Acquisitions is pleased to announce the successful sale of Larry’s Cartage Co., Inc. to U.S. Multimodal Group.
Larry’s Cartage is a growing, door-to-ramp and ramp-to-door drayage provider in Chicago and the Midwest. Since 1983, Larry’s has met the growing need for transportation solutions from ocean lines, brokers, importers, and freight forwarders.
Since 1973, US Multimodal Group has been providing premium intermodal logistics services to clients, constantly monitoring industry challenges, and adapting to provide capacity solutions to their customers. Larry’s Cartage Co, Inc. and other recent acquisitions have allowed US Multimodal Group to expand end to end transportation services and visibility in an increasingly competitive transportation industry.
After the sale of the business, Domenic Rinaldi, Managing Director for Sun Acquisitions noted, “Larry’s Cartage Co., Inc. is an outstanding business built around meeting the needs for continual transportation solutions and will have a strong legacy going forward at US Multimodal Group. It was a pleasure working with both Larry’s Cartage and US Multimodal in completing this transaction.”
About Sun Acquisitions:
Sun Acquisitions is a Chicago based mergers and acquisitions firm. We work with clients that are interested in the confidential sale, acquisition, or valuation of privately held companies. Our professionals have significant deal experience and knowledge to thoroughly guide clients through each stage of the sale or acquisition process. Sun Acquisitions has successfully managed and handled over 400 transactions across all industries and is recognized as a leading M&A advisory firm in the Midwest.
If you are interested in buying or selling a business, contact us at [email protected] to schedule a free consultation with our team.