Ahoy Searchfunder Friends - I recently signed an LOI to acquire a regional Transportation and Logistics Provider in Southeast PA with $600K+ EBITDA. They focus on LTL, scheduled, and currier services with largely reoccurring revenue highly concentrated amongst a small###-###-#### group of long standing###-###-#### years) customers.

Initial concentration risk mitigation strategy: modest multiple, 20% seller note, delayed real estate acquisition (24 mo call option), verification that relationship is a mgmt level (not sellers, who live in FL).
Would love to connect with any operators, advisors, or investors that know this industry and would be willing to chat as I get into diligence.

Thanks much, Greg