Senior investment bankers with broad operating and transaction experience lead each Bengur Bryan industry practice. This ensures that clients receive high quality strategic advice and predictable transaction execution.
J.T. Shannon Lumber CompanyMontezuma, Indiana Sell-Side Advisory Services on the Sale of Superior Hardwoods to Baillie Lumber CompanyMar 2017
Bengur Bryan and Equity Partners HG advised The J.T. Shannon Lumber Company on the sale of its Superior Hardwoods division, including its state of the art sawmill located in Montezuma, Indiana to the Baillie Lumber Company of Hamburg, New York.
The J.T. Shannon Lumber Company is a leading manufacturer of precision cut hardwood lumber with revenue of approximately $85 million annually. Up until the sale, J.T. Shannon operated three related businesses: a sawmill/lumber manufacturing business, lumber concentration yards, and an engineered wood flooring manufacturing business. After the sale of the Montezuma sawmill, the Company’s remaining operations are located predominately in Horn Lake, Mississippi, just outside of Memphis. In addition, J.T. Shannon has an international sales office in Shanghai, China and sales agents in Europe and Mexico.
Superior Hardwoods is located on a 60-acre site and produces in excess of 27 million board feet of lumber per year. Due to the favorable growing conditions in the immediate area, the saw mill is able to get a very high percentage of FAS grade lumber.
Dedicated Transport, LLCCleveland, Ohio Sell-Side Advisory Services on the Sale of Dedicated TransportJan 2017
Bengur Bryan acted as financial advisor to Dedicated Transport, LLC in its sale to a strategic acquirer. Headquartered near Cleveland, Ohio, Dedicated Transport, LLC is a leading niche, asset-light provider of dedicated contract carriage and specialized logistics services to customers in a broad range of industries including food products, automotive, corrugated packaging, electric power generation, metal stamping, concrete additives, consumer products and oil & lubricants.
Throughout its 28 years of service, Dedicated has created a comprehensive service and technology platform that allows customers to outsource their transportation and logistics requirements, enabling them to focus on their core competencies. As a result, customers are able to reduce operating costs and improve supply chain effectiveness. Dedicated utilizes an asset-light model that permits Dedicated to minimize capital expenditures, better manage risk, and increase free cash flow.
Dovell & WilliamsBaltimore, Maryland Sell-Side Advisory Services on the Sale of Dovell & WilliamsNov 2016
Dovell & Williams is a family-owned, leading medium duty commercial truck dealer in the Mid-Atlantic region with over a 75-year track record of selling and servicing trucks. Nationally, the company is the number two Isuzu dealer in total number of deliveries and number three in parts sales.
Bengur Bryan advised Dovell & Williams on the sale of its dealerships as D&W joins the Johnson Family of Companies (JT). Dovell & Williams, with its two ISUZU Truck Dealership locations in Glen Burnie and Frederick, Maryland, will remain a separate and stand-alone company. Dovell & Williams will augment the Johnson Family of Companies and expand their scope of services while strengthening JT network’s footprint in the Mid-Atlantic region.