CASE STUDY: PORT CONTRACTORS INC.
Port Contractors Divested its Business to Enstructure
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TARGET
Port Contractors, Inc.
INDUSTRIES
Industrial, Diversified Support Services
TRANSACTION TYPE
Company Sale
GEOGRAPHY
Delaware, United States
SITUATION
Seale & Associates was retained by the shareholders of Port Contractors, Inc., a leading cargo handler and marine terminal services provider in the Mid-Atlantic and Florida, to advise on the valuation and eventual sale of the business.
OUTCOME
Seale ran an auction process with pre-selected potential strategic and financial buyers. Seale’s disciplined approach to the process allowed it to maintain momentum and ensure closing at a fair value and attractive terms for the family.
The process resulted in a successful acquisition by Enstructure LLC, a privately-owned terminals and logistics infrastructure company, becoming an important growth platform for Enstructure in the East Coast.
Following the acquisition, Enstructure now operates sixteen terminals across nine states with over 700 employees and approximately 3.8 million square feet of industrial warehouse capacity, including 19.2 million cubic feet of cold storage.
"We appreciate the opportunity to advise Port Contractors on this milestone transaction and achieve their timing, value, and structure objectives."
Carlos Hernandez
Managing Director, Seale & Associates
Are you exploring the sale of your company or divesting a non-core business from your portfolio?
Seale & Associates offers trusted advisory services for both private business owners and multinational corporations. Contact us today to learn how we can guide you through the complexities of a sale process and help you to evaluate the full range of strategic alternatives for your business.