Baton Rouge Cargo
Multi-Regional Less-Than-Truckload (LTL) Carrier
Context
To expand its presence in regional markets, Baton Rouge Cargo aimed to evaluate an acquisition prospect. They wanted to understand the potential synergies achievable through consolidated operating scenarios.
Outcomes
Protego conducted a 3-year retrospective analysis of the acquiree’s financial statements, ensuring alignment with filed tax returns and reviewing contracts, warrants, liabilities, and other significant financial events, including off-balance-sheet liabilities, to assess the integrity of the acquiree’s historical records. They developed an understanding of the acquiree's applications, warehouses, and operating structure to determine what would be retained in a consolidated scenario. Additionally, Protego conducted a series of interviews to evaluate the acquiree's personnel and assets. These efforts culminated in a Justification of Purchase Price report, which quantified consolidated operating conditions and forecasted benefits.