mayo 10 2024

Mayer Brown advises Proficient Auto Logistics on $215 million IPO


Mayer Brown represented Proficient Auto Logistics, Inc. in the acquisition of five existing automotive freight businesses in connection with its $215 million initial public offering on the Nasdaq stock exchange as one publicly traded entity.

Proficient Auto Logistics provides automobile transportation and related logistics services around the US. The combination will provide it with one of the "largest auto transportation fleets in North America" consisting of about 1,130 vehicles and trailers, the company told the SEC.

The team was led by Chicago-based partners Eddie Best, Esther Chang, and Stephanie Coirin.


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