September, 2017. Peakstone served as exclusive M&A advisor to Fairrington Transportation Corp. (“Fairrington”) on its sale to LSC Communications, Inc. (“LSC” NYSE: LKSD).
Founded in 1981, Fairrington is a leading full-service postal logistics provider based Bolingbrook, Illinois. LSC is a global leader in print and digital media solutions. Fairrington brings to LSC valuable expertise in postal logistics, substantial investments in technology and people, strong customer relationships, and a longstanding reputation for excellence in the marketplace.
Victor G. Warren, founder and CEO of Fairrington, said, “The transaction with LSC is an important milestone for Fairrington. LSC is a global leader with a large operational footprint, a broad array of technical capabilities, and a shared commitment to impeccable customer service. I am extremely excited to be partnering with LSC and very energized about the additional value we can now bring to the market.”
The Peakstone team provided excellent advice and guided our team through every aspect of the transaction with thoughtfulness and professionalism,” continued Mr. Warren. “They were effective in highlighting the strengths of our business and running a disciplined process. Peakstone worked seamlessly with our team and outside advisors to deliver an outstanding outcome for the company.”
Fairrington will continue to operate as a wholly-owned subsidiary of LSC, and Victor Warren will continue to serve as President
Terms of the transaction were not disclosed.
For additional information please contact the following:
Andy Savarie, Managing Director, 312-560-5199, firstname.lastname@example.org
Jeff Temple, Managing Director, 312-346-7301, email@example.com
The Peakstone Group is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.