Published: November 04, 2009
BirdDog Logistics Acquires Churchill Transport Group
ANDOVER, Mass. & CHARLOTTE, N.C. - (BUSINESS WIRE) - In a move that will further enhance its ability to provide unsurpassed
freight management services, BirdDog Logistics Services, LLC has
acquired Churchill Transport Group, Inc., a privately owned third-party
logistics (3PL) provider. The terms of the recently signed definitive
agreement between the two companies were not disclosed.
Boasting a seasoned team of professionals with decades of industry
expertise and a strong customer base, Churchill Transport Group and its
affiliate, CTG Financial, LLC represent an important strategic addition
to BirdDog's freight management business. "Churchill's service
offerings, customer service team, and strong customer base complement
BirdDog's business and will extend our ability to deliver best-in-class
services to our customers," said Richard Piontek, president, BirdDog
Logistics. "The addition of Churchill further strengthens our position
in the transportation market and advances BirdDog's objective of helping
our customers effectively purchase and manage freight across all modes
of transportation. In addition, Churchill customers will now have access
to BirdDog's Transportation Spend Management services, including
contract negotiation, freight bill audit and payment, and information
management."
"Combining teams and uniting our capabilities is a great growth
opportunity for Churchill and will greatly benefit our customers and
employees," said Derek Skea, president, Churchill Transport Group. "We
are excited to join the BirdDog team and look forward to continued
growth and success."
BG Strategic Advisors, LLC, acted as the exclusive financial advisor to
Churchill Transport Group, Inc. in the transaction.
About BirdDog Logistics
BirdDog Logistics Services, LLC, provides freight management and
brokerage services to shippers in need of reliable transportation
solutions and to motor carriers with available capacity. Acting as an
intermediary between the two, the company provides these services to
shippers looking for carriers that will reliably meet their commitments
at competitive transit rates. BirdDog Logistics Services, LLC, is a
wholly owned subsidiary of BirdDog Solutions, Inc., and is headquartered
in Andover, MA.
About Churchill Transport Group
Churchill Transport Group is a third-party logistics (3PL) provider
available 24 hours a day to fulfill customers' freight transportation
and logistics needs. The company provides access to multiple
transportation providers worldwide including Truckload,
Less-than-Truckload, Rail, Ocean, Air, and Courier carriers. Based in
Charlotte, NC, the company has been serving the market since 2001. Also
based in Charlotte, NC, Churchill's subsidiary, CTG Financial, LLC, is a
leading provider of receivables factoring for carriers, offering
services for managing billing, receivables, collections, and funding.
About BG Strategic Advisors
BG Strategic Advisors ("BGSA" ) acted as the exclusive financial advisor
to Churchill Transport Group, Inc. in the transaction. BGSA is a leading
M&A advisory firm focused on the logistics and supply chain
industry. The firm specializes in providing CEOs in the logistics and
supply chain industry with the tools to maximize their companies'
value. For more information on BGSA, please contact Managing Director
Benjamin Gordon at (561) 932-1601 or email Ben@bgsa.com.
BirdDog Logistics Services, LLC
Amanda Schmidtberg, 978-688-8400
ext 216
Marketing Communications Coordinator
aschmidtberg@birddog.com
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