Logisyn Advisors is pleased to announce our role as exclusive sell-side advisor to RS Express, Inc in their successful acquisition by Point Global Logistics.
RS Express is a full-service global logistics provider with a range of value-added services, including in-house customs brokerage, air and ocean freight, and warehousing solutions. Company President, Kevin Hannon engaged Logisyn with the goal of finding a partner with complimentary goals to help RS Express continue building its quality service offerings and expanding its customer footprint.
“I’ve known Kevin Hannon, the owner of RS Express, for over 20 years. Kevin and his team have always been extremely strong on global trade and compliance. He built a profitable and strong business over the decades. When he asked me if we could find a good home for his customers and employees as he started to think about the next chapter, I knew we would have success even in this difficult deal market. Point Global checked all the boxes for Kevin, and there is a lot of synergy in this transaction.” - Cris Arens, Managing Partner at Logisyn
Point Global Logistics will create an ideal new home for RS Express as a US-based freight forwarder, NVOCC, and logistics provider. The company’s global presence includes 15 offices strategically located throughout the USA, China, Brazil, Germany, and the Dominican Republic. This acquisition strengthens both companies’ position in the industry with their synergistic values and future goals regarding customers, technology, and services. This opportunity also extends Point Global’s current US footprint and client base by laying a strong foundation for RS Express to continue thriving.
“Becoming part of Point Global Logistics is a great moment for RS Express. Logisyn found us a great match, as their global presence and resources will increase our service offerings. Synergy will improve our shared culture of focusing on people, technology, and client service. Cris, Matt, Kevin, and Claire from Logisyn ran a successful process, navigating due diligence smoothly and delivering a positive outcome. We are very enthusiastic about the future and continued thriving client relationships.” - Kevin Hannon, President of RS Express
“This is an exciting moment in our company’s history. RS Express and Point Global Logistics share similar values and are service-focused. They complement each other and will provide our clients the benefits of a larger footprint and increased resources. Our focus will remain on the service we provide our clients. The Logisyn team handled the transaction with clear expertise to keep us on track every step of the way.” - Gustavo Kolmel, CEO & Founder of Point Global Logistics
Logisyn firmly believes that deals are only successful when both buyer and seller come out the other side of the deal happy. Using our team’s extensive logistics experience, we always strive to find optimal partners for each our client’s unique goals and RS Express is no exception to that.
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Logisyn is an M&A advisor that caters specifically to companies in the logistics sector. Our customers include global freight forwarders, customs house brokers, domestic forwarders, trucking companies, logistics software providers, and many other companies across the industry. We provide a variety of services including buy-side advisory for companies looking to grow through acquisition, sell-side advisory for entrepreneurs looking to exit and capitalize on the businesses they’ve built, and enterprise valuation services for managers looking to gain a better understanding of the value of their business. We are actively engaged by leading companies across the logistics industry. Logisyn has a proven track record of advising executives looking to navigate the M&A process in the logistics industry.