Sale of a premium 3PL logistics company

DEAL FLASH:

Oaklins’ team in Jacksonville has advised the shareholders of The Grimes Companies, Inc. on the sale of the company to People Services, Inc.

The Grimes Companies provides a broad set of services to handle the entirety of its clients’ logistics needs. The new investor will expand the company’s growth into the southeastern United States.

Read more about the transaction, market trends, deal drivers and M&A valuation aspects.