Bluejay Advisors was the sell side investment banker for 1845 in the sale of its Commercial Bulk Division to Xcel Bulk Logistics on September 20, 2021. Texas-based 1845 is a dry bulk freight management and logistics company. Xcel Bulk Logistics is a North Carolina-based dry bulk transportation and logistics company backed by the Lilium Group, a Houston-based private equity manager focused on investments in the industrial and transportation space. Bluejay is pleased to have represented 1845 in this successful transaction, which represents the second transaction Bluejay Advisors and Lilium Group have executed together.
April 15, 2026
