Translink Peakstone served as exclusive M&A advisor to HA Logistics, Inc. in connection with its sale to SunteckTTS, a Comvest Partners portfolio company.
Founded in 1984, HA Logistics has built an extensive offering of transportation services and solutions for its customers throughout North America. Alan Huttmann will continue as President of HA Logistics.
“We are pleased to be the latest addition to the SunteckTTS organization,” said Huttmann. “This move represents a great opportunity to expand our client service offering and remove obstacles to efficiency by utilizing SunteckTTS’ technology and transportation solutions.”
“Peakstone’s experience professionalism, vision and execution were key for the alignment of the parties involved in this deal. Without Peakstone, getting to the close would have been impossible. Peakstone’s team commitment to excellence and attention to detail made the difference. Thanks to Steve, Tom and team for making it happen!”
SunteckTTS is an industry leader with a base of over 10,000 customers and 32,000 partner carriers. In 2017, Transport Topics ranked SunteckTTS as the 9th largest freight brokerage firm in the U.S. Comvest Partners is a private equity firm with $3.4 billion assets under management.
Terms of the transaction were not disclosed.