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Project Logistics (2022)

About the business

Services : The company provides, among other things, worldwide air and sea freight services for both import and export, as well as domestic and cross-border road haulage. 

Region : The company’s offices are located in the greater Montreal area, and services are provided to customers worldwide.

Employees : The company employs nine people, including shareholders.

The transaction in numbers

Asked Price

1 900 000$

Transaction Leadtime

5,9 months

Negotiation with more than

25 buyers

Region

Greater Montreal

HR

14 employees

Commercial Building

No

Transaction highlights

The shareholder/manager was the owner of a company operating a freight brokerage agency.

The sale price was lower than the asking price, as certain elements came to light during due diligence. Transaction times were relatively short, as the company was acquired by a strategic buyer.

Summary of leadtimes

  • 1,7 months to market the company
  • 1,7 months to find a buyer and sign a letter of intent
  • 4,2 months to formalize the sale at a price lower than the asking price

Client Testimonial

“Very professional, efficient and trustworthy broker and lawyer. The sale of our company Optimum Logistique inc was a success and Me Alexandre Lacasse was an integral part of the successful negotiations. Thank you again! I will not hesitate to contact you again for a future file.”