Case
Study
Transport Industry
LCL, Inc.
It was time to retire. In their late 50s, Chris and Dennis Levering decided to sell the tourism and transit business that they had spent over three decades building. The business had doubled in size during the last five years and it was blessed with a strong management team. They achieved market dominance in the region, which is unusual for a city the size of Nashville.
has been acquired by
Solution
Charged with a task made extra difficult by the turmoil in the capital markets, the team at the Memphis office of CFA secured offers from strategic and financial buyers. This provided a pool from which the best buyer was selected to carry on the business founded by Levering brothers in 1974.
We can help you build shareholder value and assure the success of your financial transactions. Contact your local CFA professional for more information.