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Bulk Express Transport Announces Acquisition By Alterna Equity Partners

Dec 14, 2022•about 3 years ago

Acquiring Company

Alterna Equity Partners

Acquired Company

Alterna Equity Partners

LogisticsTransportationOil And GasLogisticsTransportationOil And Gas

Description

The Bulk Express family of companies, comprised of Bulk Express Transport, Soil Tech Distributors, M3 Transport and Inter City Disposal (“Bulk” or the “Company”), is excited to announce that it has partnered with Alterna Equity Partners (“AEP”) of Fort Lauderdale to further the Company’s growth and expansion. The Company, headquartered in Miami, is a leading professional transportation and logistics services company providing long-haul transportation, collection, and loading of waste and other materials. Several key members of Bulk’s management team will continue to operate the business, while also partnering with established industry veterans, Steve Worster and Vince Cornell.

Company Information

Company

Alterna Equity Partners

About

Founded in 1992, Bulk Express Transport is a leading professional transportation and logistics company providing long-haul transportation, collection, and loading of waste and other materials across the state of Florida. The Company’s core service offering includes long-haul transportation services for municipal solid waste, recyclables, aggregates, construction & demolition debris, contaminated soils, ash, sludge and other specialty materials, as well as waste transfer station management, loading and unloading, and on-site landfill services. Bulk’s largest line of business is servicing major waste transfer stations by transporting various waste streams to landfills, waste-to-energy plants and recycling facilities, in addition to providing loading and unloading services. Customers include integrated waste services companies, environmental services companies, recyclers, manufacturing companies and municipalities. The Company is headquartered in Miami, FL, with operational hubs in Miami, Tampa, Orlando and Brooksville. The Bulk Express family of companies is comprised of Bulk Express Transport, Soil Tech Distributors, M3 Transport and Inter City Disposal. For additional information, please visit www.bulkexpress.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed