CLDA Corner
Trimac Acquires Doyle Sims & Sons Trucking Experts . Tenney Group Advises .
Trimac Transportation ( Trimac ) recently announced it has acquired Doyle Sims & Sons Trucking along with its brokerage operations ( Sims & Sons ). The Gleason , Tennessee company is a market leader in dry and liquid bulk hauling , primarily servicing the South and Midwest . Trimac provides high-quality bulk shipping solutions in both Canada and the United States while augmenting its network with partners in Mexico . Sims & Sons is the fourth transportation company acquired by Trimac this year , all of which have been in the bulk space .
“ In acquiring Doyle Sims & Sons Trucking Inc ., we are not just adding another company to our portfolio , we are integrating three-quarters of a century ’ s worth of experience , knowledge , and legacy into the Trimac family ,” said Trimac President and CEO Matt Faure . “ This fourth acquisition of 2023 symbolizes not just growth , but a continuation of our commitment to excellence .”
Sims & Sons was founded in 1949 by Doyle Sims . His son David Sims joined the company in 1982 and was majority owner prior to the acquisition . Johnny Wagster — current CEO — joined Sims & Sons in 1998 and will continue his involvement in the business after this acquisition .
The acquisition of Sims & Sons will increase Trimac ’ s fleet size by more than 110 tractors and 120 trailers , which include liquid and pneumatic tankers as well as dump trailers . In addition to the asset division , Sims & Sons ’ premier brokerage offering complements the company ’ s asset operations by providing expanded capacity with quality , reliable carriers .
Tenney Group , an industry-specialized M & A advisory firm , acted as advisor to Sims & Sons . Ashesh Pansuria , VP of Tenney Group , shared , “ Given the long history of Sims & Sons , it was important to the sellers that the company transitioned to a buyer with the same commitment to providing quality service and offering its employees with continued growth opportunities . I honestly cannot think of a better pairing .” CLDA
ABOUT SIMS & SONS TRUCKING Doyle Sims & Sons Trucking offers a variety of services in a specialized section of the freight industry over local , regional and some long-haul lanes . Along with its brokerage division DSS Logistics , Sims & Sons routinely hauls bulk raw materials using pneumatic tankers , liquid tankers , and dump trailers , including end dump and hopper bottom trailers . Commodities hauled include clay , sand , oils and other nonhazmat products .
ABOUT TRIMAC Trimac Transportation was founded in 1945 as a small family trucking company based in Saskatchewan and is now one of the largest transportation service companies in North America . With over 140 branches and a wide range of experience and services — Trimac is uniquely qualified to provide high-quality bulk shipping solutions . Trimac was built on the foundation of service with safety and is proud to provide an essential service and ensure its supply chain remains intact .
ABOUT TENNEY GROUP Tenney Group is a merger and acquisition advisory firm that has been dedicated to the transportation and logistics industry since 1973 . Tenney Group primarily provides sell-side advisory services for companies with annual revenues ranging from $ 20M to $ 300M .
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