June 2021. Peakstone served as exclusive M&A advisor to Cranston Print Works on its sale of Cranston Trucking to a private investor.
Cranston Trucking has provided dedicated and professional transport services since 1975. Cranston provides a broad suite of services, including truckload, LTL, consolidation, warehousing and brokerage. With lanes along the East Coast and from the Carolinas to the West Coast, the company serves numerous industries, including bedding, paint, and textiles.
Fred Rockefeller, chairman of Cranston Print Works, said, “Peakstone was tireless in finding the right buyer for Cranston Trucking and helping negotiate a successful transaction in a challenging market. Their efforts resulted in a great outcome for our company and the employees going forward.”
Terms of the transaction were not disclosed.
For additional information please contact:
Steve Royko, Managing Director, 608-236-4490, firstname.lastname@example.org
Tom Juedes, Managing Director, 847-682-3388, email@example.com
Jeff Temple, Managing Director, 312-346-7301, firstname.lastname@example.org
Peakstone 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. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com