BOYD BROS. ACQUIRES MID SEVEN TRANSPORTATION
Purchase expected to increase resources and opportunities for clients and drivers
December 4, 2012 (Clayton, Ala.) – Boyd Bros. Transportation, one of the Truckload Carriers Association’s 2012 Best Fleets to Drive For,
recently acquired Mid Seven Transportation in Des Moines, Iowa. This
major acquisition reinforces the company’s standing as a leader and
quality employer in the trucking industry. Miller Welborn of Transport
Capital Partners was the advisor on the purchase.
“We
are proud to add Mid Seven Transportation to the Boyd family of
companies,” said Richard Bailey, president of Boyd Bros. “We plan to
operate Mid Seven autonomously as a separate subsidiary. Mid Seven has
some of the best owner operators and employees in the industry and we
are especially proud of their safety and service culture.”
Boyd
Bros.’ new ownership of Mid Seven is expected to provide additional
resources to Mid Seven customers and new opportunities for the company’s
employees and independent contractors. Mid Seven’s revenues are
expected to exceed $6 million this year. The company, which uses solely
owner operators, focuses primarily on the Midwest with extended lanes in
the South, Northeast and Southwest. Mid Seven’s freight includes steel,
machinery and agricultural equipment transported by flatbeds and drop
deck trailers.
“It
is exciting for me to see Mid Seven Transportation Company become a
member of the Boyd Bros. family of carriers,” said Jeff Simpson of Mid
Seven. “Both companies have long histories of operating with integrity,
commitment to customer service and placing a high value on their
employees and independent contractors.”