Palm Beach, FL – November 5, 2009 – BG Strategic Advisors ("BGSA") is pleased to announce that Churchill Transport Group, Inc. ("Churchill"), a privately-owned third-party logistics (3PL) provider based in Charlotte, NC, has been acquired by BirdDog Logistics, LLC ("BirdDog"). BG Strategic Advisors acted as the exclusive financial advisor to Churchill Transport Group in this transaction.
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.”
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") is the leading M&A advisory firm focused on the logistics and supply chain industry. BGSA specializes in providing CEOs in the logistics and supply chain industry with the tools to maximize their companies’ value. In addition to M&A advisory services, BGSA can serve as a broker-dealer in capital raising transactions and can engage in other types of transactions involving corporate securities. For more information, please contact Managing Director Benjamin Gordon at (561) 932-1601, email firstname.lastname@example.org, or visit www.bgsa.com.