July, 2016. H A Logistics has sold its H A Advantage division based in Columbus, Ohio to AFN.
H A Advantage provides a proprietary transportation management system and a LTL optimization capability. AFN is a third party logistics service provider based in Niles, Illinois. The acquisition of H A Advantage will provide AFN the ability to offer greater value to their customers through technology and efficiency.
“Peakstone was instrumental in creating a competitive process, finding a strong buyer and then structuring an excellent deal with them,” Alan Huttmann, the owner of H A Logistics said at the conclusion of the transaction.
Terms of the transaction were not disclosed.
For additional information about this transaction, contact:
Tom Juedes, Managing Director, 847-682-3388, email@example.com
Steve Royko, Managing Director, 608-236-4490, firstname.lastname@example.org
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.