EZE Trucking, a portfolio company of Atlantic Street Capital and a provider of specialty trucking and logistics services for the manufacture market, recently acquired Rialto, Calif.-based Patterson Motor Freight, a provider of heavy and overdimensional trucking and logistics services for the infrastructure, mining, aerospace, wind energy and general manufacturing markets.
Patterson had 2010 annual revenues of between $18 million and $19 million, according to transportation management consulting firm Ahern and Associates, which was engaged by EZE Trucking to locate an additional heavy-haul acquisition target that would complement its existing operations in Southern California.
Ahern and Associates says the end result of EZE Trucking’s acquisition – terms of which were not announced – is an organization that now spans five states and has more than 100 tractors and 600 trailers, seven terminals, a dedicated four-state less-than-truckload network and a logistics division that can broker freight across North America.
Atlantic Street Capital says it has its eye on growth with plans to continually expand EZE Trucking’s footprint throughout the United States. Ahern and Associates says it already has begun to tap into their extensive resources to locate additional opportunities which meet EZE Trucking’s criteria.
“We’re pleased to have assisted Atlantic Street and EZE Trucking in this acquisition and are aggressively searching for additional sellers who are a good fit to their overall growth strategy,” says Andy Ahern, chief executive officer of Ahern and Associates.