Interstate Distributor (“IDC” or the “Company”) is a large truckload carrier with a leading market position in the Western and Southeastern United States. Saltchuk Resources (“Saltchuk”) acquired the Company in 2011, and under new management, made substantial investments in the fleet and personnel, transforming the Company to a regional based carrier, characterized by strong network density, a leading safety profile, and excellent customer service. Ultimately, Saltchuk decided to look for a new home for Interstate to focus investment in other areas of its business.
Zachary Scott was engaged as the exclusive financial advisor to represent Saltchuk in the sale of 100% of the stock of IDC.
After a targeted search for potential acquirers, IDC was sold to Heartland Express, one of North America’s largest and most profitable truckload transportation companies.