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EPISODE · Sep 1, 2022 · 16 MIN

Finding Identity After Selling the Family Trucking Business

from In the Hot Seat | The Business of Transportation · host The Tenney Group

Paul Marston was the CEO of Abenaqui Carriers. The company was started by Paul's parents and he took over as CEO in 2001. A little over a year ago, Paul and the family decided to start exploring a sale of their business. Eventually, they found the right buyer in Roberts Energy / Brown Bear Transportation. This deal ended up creating one of the largest fuel haulers in the New England area.   In this episode of The Hot Seat, Spencer Tenney, CEO of the Tenney Group, sits down with Paul to discuss the sale. What factors led the family to consider selling? Why did they choose to work with a 3rd party M&A firm like Tenney Group to facilitate the sale? What did Paul learn through this process that future sellers could benefit from? All of that and more on this week's Hot Seat! Interested in selling your transportation business? Click the link below to see our process and find out if we can help you achieve your business goals.   https://www.thetenneygroup.com/our-process/

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