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Generational Equity Announces the Acquisition of Memphis City Cartage, Inc. by Chaser, LLC

By Generational Equity

01/05/2016

Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Memphis City Cartage, Inc., (MCCI) headquartered in Memphis, Tennessee, by Chaser, LLC, (Chaser) headquartered in Anderson, Indiana. The acquisition closed on November 2, 2015.

Established in 2002, MCCI is a privately-owned and operated regional transportation services firm. It is a for-hire carrier that owns and operates its own tractors and trailers and employs its own drivers. To learn more, visit www.memphiscitycartage.com.

Managing Director Don Sawyer, Vice President Rebecca Gruman and Senior M&A Advisor Sam Sumner led the Generational Equity deal team that advised MCCI on the transaction. 

Sam Sumner said, “Chaser is building a broad range full-service transportation enterprise through acquisitions, and MCCI provides Chaser with a significant component to that process.”

Chaser is a transportation and logistics company, engaged primarily in hauling truckload shipments of general commodities in both interstate and intrastate commerce. Learn more by visiting www.chaserllc.com.

About Generational

Generational Group, headquartered in Dallas, is a leading, award winning, full-service M&A advisory firm. With more than 350 professionals located throughout 16 offices in North America, the company helps business owners release their business’ wealth by providing growth consulting, merger, acquisition, and wealth management services. The Generational suite of advisory services includes strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, and wealth management.

The M&A Advisor named Generational Group Investment Banking Firm of the Year in 2016, 2017, 2018, 2022 & 2024. They also awarded us Valuation Firm of the Year and M&A Consulting Firm of the Year in 2022 and 2023. For more information, visit: https://www.generational.com.