American truck speeding on freeway, blurred motion.

Nolan & Associates is pleased to announce that it exclusively advised Lanter Delivery Systems, Inc. in its acquisition of certain assets of Action Expediting

“Prior to beginning the process, we were unsure of the types of opportunities we would see in the market. Nolan created an environment for efficient and confidential conversations with companies that aligned with our objectives. Overall, we were very happy with the results of the process and the level of response from the market.”

                                                                                                                                  – Steve Lanter, CEO & Founder, Lanter Delivery Systems, Inc.

St. Louis, MO – (Sept. 12, 2016) Nolan & Associates is pleased to announce that it exclusively advised Lanter Delivery Systems, Inc. (LDS) in its acquisition of certain assets of Action Expediting (Action).

About Our Client: Lanter Delivery Systems

  • Founded in 1981, Lanter Delivery Systems, Inc. is a super-regional logistics company and a leader in overnight, unattended delivery of auto, agricultural and industrial parts from their customer’s distribution centers to dealer locations.
  • LDS, headquartered in Madison, IL, 15 minutes from St. Louis, provides transportation and courier services to the agricultural, automotive and industrial industries, guaranteeing that part shipments placed in the late afternoon are delivered the next morning by 8 a.m., Tuesday through Saturday.
  • Customers of LDS include most major U.S. automakers, agricultural equipment and industrial manufacturers.

Objectives of Lanter Delivery Systems

  • The LDS executive team launched an initiative to grow via acquisition in 2016 by partnering with quality logistics companies that would provide opportunities for service and geographic expansion, density enhancement and new customer relationships.

Solution: Acquisition of Action Expediting

  • Action, headquartered in historic Madison, Georgia, provides shippers with nationwide turnkey transportation and dedicated delivery services. Action serves customers in the Automotive, Retail and Industrial segments, among others with dedicated delivery and unattended “pre-8 a.m.” truck load delivery services.
  • Action’s customers, which include some of the Fortune 500, benefit from their ability to design and execute door-to-door deliveries via an extensive distribution network.
  • In addition to designing real-world logistics programs, Action’s services include the management of power and material handling equipment, fuel programs and regulatory compliance.
  • Action has operations throughout the U.S. including the Southeast, Southwest, Midwest, Northeast and the West Coast.
  • The outcome was a win for both LDS and Action, presenting route consolidation, cross-selling and operational synergies that brought value to both parties.

Buy Side Process Results

  • Nolan ran a buy side process that brought businesses of interest directly to LDS’ executive leadership which directly aligned with their primary investment objectives.
  • Nolan presented the most relevant opportunities to LDS, worked with the LDS executive team and counsel to formulate an offer to Action from LDS, then negotiated the business purchase transaction from start to deal close.
  • Action ultimately represented an investment opportunity for LDS to partner with a logistics industry leader while achieving LDS’ acquisition goals of service and geographic expansion, density enhancement and new customer relationships.

About Nolan & Associates

Nolan & Associates is a boutique investment banking firm providing Mergers & Acquisitions and Capital Raise advisory services to middle market business owners and buyers.  Founded in 1976, Nolan is broadly recognized as a leading investment banking firm with Midwestern roots and global reach.  The Nolan team has completed hundreds of transactions in the middle market while working collaboratively from its offices in St. Louis, MO and Decatur, IL.

Securities offered through Middle Market Transactions, Inc.  Member: FINRA/SIPC.