August, 2015. Peakstone served as exclusive financial advisor to Hazen Final Mile on its sale to Dynamex, a division of TransForce, Inc. Headquartered in Taylor, Michigan, Hazen Final Mile is a rapidly growing white glove delivery business serving over 20 of the largest metropolitan areas in the United States. The combined business will operate in over 70 markets.
“Our acquisition by TransForce marks an important milestone for our company,” said Hazen Final Mile President Rick Palmer. “This is a perfect fit for us.”
“Peakstone has been a tremendous resource for Hazen,” continued Mr. Palmer. “We were approached by a strategic buyer and the Peakstone team provided great support to complete the transaction.”
Terms of the transaction were not disclosed.
For additional information about this transaction, contact:
Jeff Temple, Managing Director, firstname.lastname@example.org, 312-346-7301
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.