Here's a little movement from September: On 9/8, FitzMark, a portfolio company of Calera Capital, announced the acquisition of Hometown Logistics. Based in Indianapolis, IN, Hometown provides flatbed and dry van freight brokerage services. Terms were not disclosed. On 9/9, DHL Group (OTCMKTS:DHLGY) announced the acquisition of Strategic Delivery Solutions, LLC (“SDS Rx”), a portfolio company of HCI Equity Partners. Based in Tampa, FL, SDS Rx provides specialized final-mile delivery services to the healthcare industry. Terms were not disclosed. On 9/9, Montway Auto Transport, a portfolio company of AEA Investors, announced the acquisition of TurnTime Transport. Based in Phoenix, AZ, TurnTime provides auto transportation and brokerage services. Terms were not disclosed. On 9/10, Amerit Fleet Solutions, a portfolio company of New Mountain Capital, announced the acquisition of Derotic Emergency Equipment. Based in Rancho Cordova, CA, Derotic provides repair, upfitting, and fleet maintenance services for emergency response vehicles. Terms were not disclosed. On 9/10, Best Trash, a portfolio company of H.I.G. Capital, announced the acquisition of BlackJack Disposal. Based in Quinlan, TX, BlackJack provides residential and commercial waste haulage and disposal services. Terms were not disclosed.  On 9/10, OMNI Environmental Solutions, a portfolio company of One Equity Partners, announced the acquisition of certain environmental transportation, logistics, and disposal assets of Select Water Solutions. Based in Gainesville, TX, Select Water provides water management, recycling, and haulage services to the oil and gas industry. Terms were not disclosed. International M&A On 9/8, Breger Organizational Services announced the acquisition of Endymion Logistique. Based in France, Endymion provides over-the-road transportation and reverse logistics services. Terms were not disclosed. On 9/8, Ora Technologies announced the acquisition of Cathedis. Based in Morocco, Cathedis provides e-commerce final-mile delivery solutions. Terms were not disclosed.

Its easy to understand the hesitation but there are a LOT of people out there getting bad deals. I know 3 people who have been royally screwed by Traffic Tech this year alone. And 10+ who have similar horror stories at other Chicago firms, such as Batch. If you really like the person, I recommend asking for references. Talk to their former dept VP/DIR, supervisor, colleague or someone they managed. If I can't get solid references from someone with 3+ 1yr stints in the last 5 yrs im out. 2-3 is less concerning. It takes time to realize you're on a dead end road, you've reached your ceiling there, or aren't being fairly treated. Regardless, trust your instincts if you have a good track record for doing so.

DMing you, happy to share