Fourth-generation managed and family-owned MHX is a fully integrated logistics and supply chain management company for last/first-mile rail-based freight transport. The Company performs transloading, transportation, warehousing, port, and drayage services for corporate and institutional customers.
Supporting its services is MHX’s in-house developed, award-winning supply chain software system “Transload Pro,” a Web-based portal and the only system on the market providing a seamless single information source for all operations from rail inbound to truck outbound, including inventory management and live load transit tracking. MHX is the link between rail, ports and customer locations and warehouses.
Engagement Profile
- Sell-Side M&A Advisory
555 Capital’s Solution
MHX was owned by two families with over 100 years of history in the fragmented rail transloading and drayage market. The families engaged 555 Capital as their exclusive advisor in transaction preparation, marketing to institutional private equity and corporate buyers, and negotiating the transaction.
After receiving multiple offers from corporate and private equity buyers, MHX selected Union Pacific Corporation, a Fortune 100 class, $150 billion railroad company. The buyer viewed MHX as a strategic acquisition to develop its logistics category and drive rail car growth. The MHX acquisition would serve as a platform for the buyer’s future acquisitions and incorporate MHX technology and management into its existing transload facilities.
“555 prepared and positioned our company very well for the multiple buyer discussions they initiated and directed. The result was the perfect buyer at the perfect time.”
– Rick McLeod, CEO