The acquisition gives R+L a strategic base

Cybergal

Well-Known Member
Generational Equity Announces Sale of Spirit Express Trucking Inc.

Generational Equity, an advisor to privately held and family-owned businesses for mergers, acquisitions, and strategic growth initiatives, announced the sale of its client, Spirit Express Trucking Inc., of Denver, Colo., to R+L Carriers Inc., a trucking firm based in Wilmington, Ohio.
Stephen Crisham, Managing Director, David Lewis and others on his Generational Equity team were there to help both buyer and seller express their expectations clearly and to bring about a mutually satisfactory agreement. Lewis said he believed from the outset that the companies were a good fit and that the challenge was to help them understand each other's position.
Generational Equity Announces Sale of Spirit Express Trucking Inc. | SYS-CON UK
 
R & L Carriers are also the owners of ABCO Transportation of Haines City, Florida. Approximately four weeks ago ABCO started shorting weekly checks to all drivers. Today more than half of the fleet sits in the yard idle. Beware of this company.
 

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