No two freight brokerages are the same, yet the challenges faced by brokerage owners or agents looking to transition out of their current role are common. Exiting a freight brokerage company can be complicated, difficult, and confusing. Final Mile offers customized solutions designed specifically with your needs in mind.
EACH SOLUTION PROVIDES A FAIR VALUE TO THE AGENT OR OWNER. THIS CAN TAKE ONE OF TWO SHAPES:
Direct Acquisition
Final Mile arranges for the outright purchase of the freight brokerage, implementing a strategy that continues the company’s growth while allowing the owner or agent to exit the company entirely on an agreed-upon timeline.
Transitional Acquisition
Final Mile takes over the day-to-day operations of the freight brokerage, with owners and agents stepping into a relationship-focused role inside a defined compensation structure.
Have you found the prospect of transition planning overwhelming? You are not alone.
Final Mile will simplify this journey. Organized communication along each guided step ensures a smooth transition until you and your company are fully integrated.
01
CONSULTATION
Final Mile takes the time to better understand you, your business, and your goals and determines compatibility.
02
DUE DILIGENCE
A qualitative and quantitative analysis of your company is completed to determine suitability and market value.
03
OFFER
If initial diligence indicates a deal, the next step provides exclusivity and a letter of intent.
04
EXECUTION
Based on successful due diligence, a Purchase Agreement would be constructed, and Closing Date defined.
PREFERRED DEALS
One of the main questions we get from prospective clients pertains to whether their freight brokerage is a good fit for Final Mile. While each engagement is custom-tailored to the client, our preferred deals have the following characteristics.
- WHO WE SERVE
- NON-ASSET FREIGHT BROKERAGES
- SIZE
- $250K to $3mm in EBITDA (Brokerages)
- or -
$200K + IN NET REVENUE (Agents)
- $250K to $3mm in EBITDA (Brokerages)
- SERVICE LEVELS
- STANDARD
EXPEDITED
- STANDARD
- DRY AND REFRIGERATED TRANSPORTATION MODE
- FULL TRUCKLOAD
SPECIALIZED SMALL DELIVERY
- FULL TRUCKLOAD
- INDUSTRIES
- FOOD GRADE
PHARMA
PACKAGING
CONSTRUCTION
RAW MATERIALS
AUTO
HAZ MAT
MANY OTHERS
- FOOD GRADE
It’s important to note that these parameters are only used to gauge a mutual fit and may not define certain unique circumstances that reflect your company as a suitable candidate. Depending on the scope of business and state of operations, your brokerage may still be a good fit with Final Mile. Reach out today and find out how we can work together and match your needs.