Amerijet Announces Acquisition of Majority Interest in Nations Express, a BGSA Client
Palm Beach, FL – July 3, 2009 – Amerijet International, Inc. (“Amerijet”) today announced its acquisition of a majority interest in Nations Express, a BG Strategic Advisors (“BGSA”) client and nationwide express trucking company based in Charlotte, North Carolina. Nations Express operates a fleet of approximately 200 trucks in a unique express charter truck service. BGSA served as an advisor to Nations Express.
John R. Nash, CFO of Amerijet stated, “Nations Express represents a company doing all the right things, at the right time, and a company we believe is a unique fit with Amerijet and our global logistics services. We believe our two companies service customers who desire specialized services and that our products, whether combined or sold separately, will be valuable to each of our customers.”
William R. Frazier, Nations Express President and CEO, further added, “The investment by Amerijet will provide the additional capital necessary for the company to take advantage of a number of exciting growth opportunities in the ground freight transportation industry as well as new freight service opportunities offered by Amerijet. We look forward to working with the professional management team associated with Amerijet.”
About Nations Express
Nations Express was founded in 1998 in Charlotte, North Carolina to handle time critical freight with a focus on personal customer service. Today, Nations Express is a global transportation company with 20 locations across the United States and agent partners around the world. The company’s customer service focus, technology, and broad range of transportation services allow it to find optimal solutions for time critical shipments. For more information on Nations Express, visit www.nationsexpress.com.