Business
G2 Capital Advisors Served As The Exclusive Sell-Side Advisor To Roadrunner Transportation In Its Divestiture Of Its Temperature-Controlled Truckload Division To Laurel Oak Capital Partners
G2 Capital Advisors Served As The Exclusive Sell-Side Advisor To Roadrunner Transportation In Its Divestiture Of Its Temperature-Controlled Truckload Division To Laurel Oak Capital Partners.
About this update from Roadrunner Transportation Systems, Inc.
[{"type":"text","content":"\n\n\n\nG2 Capital Advisors Served As The Exclusive Sell-Side Advisor To Roadrunner Transportation In Its Divestiture Of Its Temperature-Controlled Truckload Division To Laurel Oak Capital Partners\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nG2 Capital Advisors Served As The Exclusive Sell-Side Advisor To Roadrunner Transportation In Its Divestiture Of Its Temperature-Controlled Truckload Division To Laurel Oak Capital Partners\nPR Newswire\nBOSTON, Aug. 26, 2020\n\n\n\nBOSTON, Aug. 26, 2020 /PRNewswire/ --\n\n \n \n \n \n \n \n\n \nCLIENT:Roadrunner Transportation Systems, Inc. (Pink: RRTS) (\"Roadrunner\") has transitioned from being a multi-modal transportation and logistics service provider to being a transportation service provider focused exclusivity on less-than-truckload services. The temperature controlled truckload division, RRTC Holding, Inc., d.b.a A&A Express, LLC (\"RRTC Holdings\" or the \"Company\") is a leading provider of temperature-controlled transportation services of food and beverage products for retail and food service customers.   The Company is headquartered in South Dakota and services a majority of the lower 48 states with greatest lane density across the Midwest and West regions.\nSITUATION:                                                                                                RRTC Holdings was developed through a rollup of four distinct acquisitions across the Midwest region.  The four legal entities were consolidated into one operating company which operated as A&A Express, LLC.  Roadrunner was seeking to sell RRTC Holdings as part of ...