Acertus

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Acertus - overview

Established

2010

Location

St. Louis, MO, US

Primary Industry

Logistics & Distribution

About

Acertus is an automotive logistics platform specializing in comprehensive services that manage the complete lifecycle of finished vehicles, enhancing operational efficiency for its clients. Acertus is a logistics company focused on automotive services, providing solutions for vehicle transport and management since its founding in 2010 in St. Louis, US. The company was founded by Scott Naz and William Billiter, with Trent Broberg currently serving as CEO.


In September 2016, Tailwind Capital acquired Acertus from Corinthian Capital and Patriot Capital, enabling the company to enhance its logistics offerings. Since its inception, Acertus has completed a total of 2 deals, with its most recent deal occurring on September 23, 2016. ACERTUS is a comprehensive automotive logistics platform that offers a suite of services designed to manage the complete lifecycle of finished vehicles. Their core offerings include vehicle transport, storage, reconditioning, title and registration services, vehicle repossession, and home delivery and pickup.


ACERTUS effectively addresses the challenges faced by dealers, OEMs, auctions, upfitters, eCommerce platforms, fleet management companies, rental car companies, and personal vehicle shippers by streamlining logistics through technology and operational efficiency. The company operates across North America, providing services in all 50 states, as well as Puerto Rico and Canada. This extensive reach and integration of services allow ACERTUS to cater to a diverse client base, enhancing operational capabilities for its partners and end users. ACERTUS generates revenue through a combination of service-based transactions and partnerships.


The company's business model encompasses B2B relationships with automotive dealers, OEMs, and other logistics partners, facilitating seamless vehicle movement and management. Transactions typically involve service contracts for vehicle transport and storage, with clients relying on ACERTUS for their end-to-end logistics needs. ACERTUS's pricing structure is influenced by the complexity and scope of services provided, encompassing areas such as vehicle reconditioning and registration processing. The integration of multiple services into a cohesive offering enhances value for clients while establishing a robust revenue stream for the company.


Following its acquisition in September 2016, Acertus aims to broaden its logistics services across all business aspects, including load matching and delivery. The company plans to expand its market footprint further, although specific new markets or regions have not been disclosed. Recent funding will support these initiatives, facilitating a more robust offering for its clients.


Primary Industry

Logistics & Distribution

Sub Industries

Freight Transportation Services, Logistics Software

Website

www.acertusdelivers.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Acertus - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedGuardian Auto Transport LLC-
Add-onCompletedRCG Logistics LLC-
Add-onCompletedMetro Title Services-
Add-onCompletedAmeriFleet-
Secondary BuyoutCompletedAcertus-

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Acertus - employee data

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