WEST
PALM BEACH, Fla., Aug. 1, 2024
/PRNewswire/ -- Wofford Advisors LLC, a top ranked
strategic advisory boutique specializing in M&A transactions in
the transportation, logistics and supply chain sectors of the
economy, proudly announces that it has surpassed $1 billion of closed transaction value on behalf
of its private equity clients during the past twelve months. This
achievement reflects the firm's rapid market share growth after
emerging as a buyside advisor on behalf of major corporate clients,
such as Ryder Systems Inc and Warehouse Services, Inc. Wofford
Advisors, which was ranked as a top ten Transportation &
Logistics M&A advisor in both 2022 and 2023, was formed in 2021
by Chris Wofford, former
Transportation & Logistics (T&L) group head at numerous top
tier investment banks, including Wells Fargo, Bank of America and
Macquarie Capital.
"We couldn't be happier with how the team has been performing,
particularly in a challenging M&A environment," said
Chris Wofford, founder and Managing
Partner of the firm. "We had immediate mind-share with major
corporates when we formed the company, but now we have proven
ourselves to the private equity community as well – and as a result
we have a great balance of both buyside and sellside
mandates."
Wofford Advisors most recently advised Astira Capital Partners,
formed by senior members of Abry Partners, on its acquisition of
ConData Global, H.I.G. Capital's acquisition of Ascent Global
Logistics and Endeavour Capital's sale of Impact Fulfillment
Services to Ryder. With a staff of over ten professionals dedicated
to the T&L sector, Wofford further differentiated itself by
hiring Managing Director, Ron Chang,
a 32 year senior executive of UPS, who acts as the equivalent of a
private equity operating partner on behalf of Wofford's
clients.
About Wofford Advisors LLC
Wofford Advisors was founded by industry veteran Chris Wofford, former head of Transportation,
Logistics & Supply Chain at major investment banks, including
Wells Fargo, Bank of America and Macquarie Capital. Since its
founding, the firm has advised on transactions valued at over
$2 billion. Wofford Advisors focuses
on the B2B and B2C movement of goods in the global supply chain.
The firm is headquartered in West Palm
Beach, Florida. Please follow us on LinkedIn.
Media Contacts
Caroline Reyes
Wofford Advisors
LLC
(650) 867-3420
creyes@woffordadvisors.com
Related Links
https://www.woffordadvisors.com/
Note Regarding Forward-Looking Statements: Certain statements
and information included in this news release are "forward-looking
statements" within the meaning of the Federal Private Securities
Litigation Reform Act of 1995. These forward-looking
statements are based on our current plans and expectations and are
subject to risks, uncertainties and assumptions. Accordingly, these
forward-looking statements should be evaluated with consideration
given to the many risks and uncertainties that could cause actual
results and events to differ materially from those in the
forward-looking statements including those risks set forth in our
periodic filings with the Securities and Exchange Commission. New
risks emerge from time to time. It is not possible for management
to predict all such risk factors or to assess the impact of such
risks on our business. Accordingly, we undertake no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events, or
otherwise.
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SOURCE Wofford Advisors