We are a leading non-union, specialized freight company focused on providing auto transportation and logistics services. Formed in connection with this
offering through the combination of the Founding Companies, five industry-leading operating companies, we will operate one of the largest auto
transportation fleets in North America based upon information obtained from leadership of the Auto Haulers Association of America, utilizing roughly 1,130
auto transport vehicles and trailers on a daily basis, including 615 Company-owned transport vehicles and trailers, and employing 649 dedicated employees as of November 30, 2023. Prior to the completion of this offering, we have not operated as a combined company and are dependent upon this offering to complete the Combinations. From our 49 strategically located facilities across the United States, we offer a broad range of auto transportation and logistics services, primarily focused on transporting finished vehicles from automotive production facilities, marine ports of entry, or regional rail yards to auto dealerships around the country. We have developed a differentiated business model due to our scale, breadth of geographic coverage, and embedded customer relationships with leading auto original equipment manufacturing companies
(“OEMs”). Our customers range from large, global auto companies, such as General
Motors, BMW, Stellantis, and Mercedes Benz, to electric vehicle (“EV”)
producers, such as Tesla and Rivian. Additional customers include auto dealers,
auto auctions, rental car companies, and auto leasing companies. For the year
ended December 31, 2023, we had pro forma combined total operating revenue of
$ million, pro forma combined net income of $8.3 million, and pro forma
combined EBITDA of $ million. Our pro forma combined financial results
cover periods during which we were not under common control or management and,
therefore, may not be indicative of our future financial or operating results.
Lead Underwriter
Raymond James and Associates, Inc,Stifel Nicolaus & Company, Incorporated,William Blair & Company, L.L.C.
