Transport company in the segment of main cargo transportation

In connection with the introduction of the Platon system, many small carriers were forced to switch over to a correct payment of taxes, which reduced their profitability and many of them left the market as a result of this.

This formed a significant excess of demand for the offer on the long-haul transport market and created a good opportunity for the rapid growth of large players with the help of financing.

Rapid expansion required significant capital costs, making it impossible to use credit financing. Therefore, a mezzanine scheme was selected, in which, low loan rates were offset by shares in a company that was transferred to shareholders of the bank.

Business: $50M revenue per year, Ebitda -$7M a year, more than 300 heavy-duty 20-ton vehicles in their ownership.

Deal: $30M cash-in for doubling the park.

Deal Industry: Transportation

Deal Type: Private Equity