| Clear Rock Closes Trucking Transaction |
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(Jersey City, NJ) Clear Rock is pleased to announce the successful acquisition of Costa Transports and JVC Logistics by Everlast Logistics. Clear Rock was retained by Costa and JVC to pursue a sale of substantially all assets of both companies. Clear Rock initiated and advised on the transaction. Terms of the transaction were not disclosed. Americo Costa, President of both Costa Transports and JVC Express, stated," We couldn't be more happy with the outcome. We believe that Everlast will be able to take the companies to the next level." With regards to Clear Rock, Mr. Costa stated "Clear Rock did an outstanding job. They were able to work with us every step of the way through what was, by all accounts, a long and complicated transaction." Clear Rock's Dan Doran stated, "We were especially pleased by the outcome of this transaction. It has been a pleasure to be working with these companies, and it is always satisfying to see a such a positive transition." Costa Transports and JVC Express are trucking and transportation companies serving a wide range of dry goods markets throughout the Eastern United States. Clear Rock is a boutique Mergers and Acquisitions advisory firm focused on the lower mid-market. For more information on Clear Rock please contact Dan Doran at 866-648-7640. |