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Benchmark International Advises on the Sale of C&S Carpet Distribution to Best Logistics Group

Posted on April 14, 2017 By

Benchmark International has successfully facilitated the transaction between C&S Carpet Distribution, Inc. and Best Logistics Group. Best Logistics Group is a leading logistics provider in the southeast United States. C&S Carpet Distribution, Inc. is a truckload and LTL distributor and logistics provider of flooring products throughout the southeast.

C&S Carpet Distribution is a distribution and logistics provider in the southeast United States. C&S Carpet specialized in the movement of flooring products, such as: carpet, wood, laminate, turf, etc. The company is strategically located in Dalton, GA, which has been affectionately titled by industry players “the carpet capital of the world”. Best Logistics Group (the acquirer) is a large logistics provider located in the southeast, which has been actively seeking to expand into new industries. When Benchmark International approached Best Logistics Group with the C&S Carpet Distribution acquisition opportunity, immediate interest was shown, and the deal closed very quickly as all sides were motivated.

 

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“I would like to thank the Benchmark International team for their dedication and persistence. Their M&A deal expertise allowed us to complete a transaction quickly and quietly, just as I sought to do. Benchmark ensured that the team at Best Logistics Group truly understood that the unique value of my business lies in both the location, and its diverse distribution channels.” - Pete Bethea, President and Owner of C&S Carpet Distribution.

Benchmark International Director, Dara Shareef, added, “We would like to congratulate both the C&S Carpet Distribution, Inc. and Best Logistic Group teams. This acquisition is a terrific strategic move for Best Logistic Group allowing them to implement the floor distribution niche into their nationwide distribution network. The buyer truly valued our client’s current distribution channels, and location, being in the carpet capital of the world. We feel this deal was a win-win for both sides and wish all the best in the future.”

 

Schedule A Call

 

Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkCorporate.com

Europe: Carl Settle at +44 (0)161 359 4400 / Settle@BenchmarkCorporate.com

Africa: Anthony McCardle at +2721 300 2055 / McCardle@BenchmarkCorporate.com

 

ABOUT BENCHMARK INTERNATIONAL:

Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $6B across various industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 12 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.

Website: http://www.benchmarkcorporate.com
Blog: http://blog.benchmarkcorporate.com/C&S_Carpet-Deal-Social

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