D.T.L Transportation, Inc. (“DTL”) specializes in less-than-truckload shipments of time and temperature sensitive cargo. The Company is comprised of three main divisions representing the primary goods it transports: cut flowers, fresh seafood, and foliage.
DTL engaged Croft & Bender to advise the Company through a highly competitive sale process that included a broad group of strategic and financial buyers. Croft & Bender managed the process, presented the various alternatives to the Company, and negotiated final values and subsequent documents.
Croft & Bender successfully negotiated the sale of the Company to an investor group led by L&R Acquisition Corp., Nancy Creek Capital, and Peachtree Equity Partners.