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Grammer Logistics Acquires Logistics Management Resources, Inc.

Oct 25, 2022•about 3 years ago

Acquiring Company

Grammer Logistics

Acquired Company

Stellex Capital Management

New YorkLogisticsTransportationOil And GasFinancial ServicesPrivate Equity Fund

Description

Grammer Logistics (”Grammer” or the “Company”), a leading chemicals, industrial gases, and hazardous materials transportation and logistics firm, announced it has completed the acquisition of Logistics Management Resources, Inc. (”LMR”). Based in Baton Rouge, Louisiana, LMR provides quality transportation management solutions to the chemicals, industrial gases, and related industries. Grammer is a portfolio company of Stellex Capital Management LLC and Mill Rock Capital.

Company Information

Company

Grammer Logistics

About

Grammer Logistics (www.grammerlogistics.com) is recognized as the premier provider of safe, dependable bulk hazardous chemicals transportation services in the United States. Grammer’s excellent record of safety and solutions focused approach to business has allowed the company to cultivate longstanding relationships with its client partners. The company has more than 20 facilities strategically located near major chemical production hubs across the United States, including 350 tractors, 950 specialty trailers and over 500 drivers and owner-operators serving over 500 diverse shippers across the Ammonia, LP Gas, Nitric Acid, NGLs, and General Chemical markets.

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