"The principals at Legacy Capital 'get' what's at stake when a business is being sold:…They went the extra mile to find a buyer who paid high value but also provided a great future home for our employees and partners.”*
— Bob Wedoff, Owner (fmr), LWG Consulting
“Not only was Legacy an outstanding advisor throughout our engagement, but remained an invaluable confidant afterwards”*
— Jim Host, Owner (fmr), ProREHAB
“Legacy Capital was clearly the best option for me. They handled everything with integrity and discretion, keeping my transaction quiet, handling my personal issues with care, all while attaining high value for the company.”*
— Jeff Wells, Wells Cargo
“We were great at running our business, but that did not equate to knowing how to ‘sell’ our business…we had one opportunity to hit the grand slam and Legacy helped us to knock the ball out of the park.”*
— Rick Chatellier, CEO (fmr), Pavermodule
"Our relationship with Legacy started well before and continues well after our deal. They have always had my back and provided me with great advice throughout my relationship with them."*
— Ricky Baker, (Fmr) Chairman, Big Tex Trailer Manufacturing
“Legacy was my Rottweiler, defending and protecting my interests at every turn. They represented me wholeheartedly throughout the entire process and I always knew they had a strong, personal interest in the success of my transaction.”*
— Hans Ashbaugh, Owner (fmr), Elkhart Brass
"Legacy Capital closed three deals for me and each deal exceeded my expectations. They're true professionals."*
— Robert Schemel, Owner (fmr), American Eldercare
"…the process worked perfectly. The professionalism and personal attention was above and beyond any expectation. The greatest endorsement I can give to any company is to use them again, and in the case of Legacy, I will, without reservation, use them again.”*
— Casey Cummings, CEO ACC Climate Control
“We couldn't have had better representation nor better friends after the transaction.”*
— Bud Stout, Chairman (fmr) Foremost Fabricators
“Deciding to sell was an emotional decision for me. The senior partners at Legacy Capital were always there for me and served me with the utmost respect and attention. They netted even stronger results than I had expected. They are the epitome of professionalism...and now great friends.”*
— Britt Murphey, Owner (fmr) B&B Molders
“I give Legacy Capital Advisers a 5 star review *****. Legacy went into great depth to understand the complexity of our business and capture and articulate the value of the vision of our company and its unique design. Throughout the process, Legacy was there anticipating and advising on every nuance. The value of their years of experience became quite apparent in the critical negotiations, due diligence, and the close.”*
— Doug Rassi, CEO Polywood
“The Legacy team became “my team” in every sense. For me, this transaction was very personal and represented a life’s work. They respected that and counseled me accordingly. Looking back, I would not change a thing, and in fact recommended them to a close friend.”*
— Paul Fazio, Owner/CEO, Sonny’s Enterprises, Inc.


Look Trailers*

LCA-Tombstone_LookTrailers.png

Business Description

LGS Industries, including Look Trailers and its affiliates, is the largest cargo trailer manufacturer in the United States. Earlier this April, the company merged with Novae LLC, a portfolio company of Brightstar Capital. 

Since founding LGS in 2010, Matt Arnold and his management team grew the company and its iconic brands (including Formula, Pace, Everlight, Compass, Impact, and Cargo Express) into a dominant manufacturer of cargo trailers.

Goals/Challenges

Mr. Arnold was approached by a strategic acquiror in the spring of 2021.  Subsequently, Legacy was hired to advise and assist in negotiations.  In order to find stronger value, a better home for the business, and the highest likelihood of success for the employees, management, and the enterprise, Mr. Arnold and Legacy explored other options.

Accomplishments

Legacy negotiated with other acquirors and was able to attain stronger pricing, more favorable terms for LGS shareholders, and a great home for the employees, all while maintaining a high degree of confidentiality throughout the process.