Transaction Advisory
Bluejay Role: Bluejay Advisors identified the tuck-in acquisition opportunity, completed the negotiation, conducted diligence and planned the integration of Absolute into the platform. Bluejay Advisors is leading the effort to transform the company into a technology centric, asset light company with disciplined leadership by consolidating other similar companies.
Client Description: ASX is an Atlanta-based provider of last mile, expedited shipping, and transportation services to the international freight forwarding industry.
Target Description: Absolute Cargo is an Atlanta-based last-mile and expedited transportation company serving the international freight forwarder industry.