has been acquired by
NYSE: SNDR
ABOUT THE COMPANY:
SITUATION:
ENGAGEMENT:
OUTCOME:
The transaction was successfully executed on August 1, 2023, through a full sale of M&M to Schneider National, Inc. (NYSE: SNDR) (“Schneider”), a premier multimodal provider of transportation, intermodal and logistics services. “The decision to sell M&M was extremely difficult and one my family and I took a long time to reach. We identified a list of attributes we felt were important in a partner and challenged G2 to address as many of those attributes as possible. We couldn’t have been happier with the senior leadership and support we received from G2. They understood our business and, more importantly, helped craft a vision for the process that identified a partner who would align with our culture and minimize change. We are thrilled to become a wholly owned subsidiary of Schneider National and leverage their broad capabilities and resources to make the combined entity uniquely positioned in the market,” said M&M Transport Founder Mark Warsofsky. “When we met Mark and the team, we knew there was something different about the organization. The Company operated tremendously efficiently, and everybody across the team believed in the vision and culture that the Warsofsky’s established. We couldn’t be happier for Mark and his family and believe that Schneider National will uphold M&M’s legacy and performance that was being built for this moment. Congratulations to both teams for working through to see the success of this significant accomplishment,” said Christopher Casteleyn, G2 Managing Director of Transportation and Logistics.
DEAL TEAM:
SUB-SECTOR
Dedicated Transportation Services
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