Heniff Transportation Systems, LLC

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Heniff Transportation Systems, LLC - overview

Established

1998

Location

Oak Brook, IL, US

Primary Industry

Logistics & Distribution

About

Heniff Transportation Systems, LLC is a leading provider of logistics solutions specializing in chemical and food-grade tank hauling, operating a vast freight network across North America and Europe. Founded in 1998 and headquartered in Oak Brook, US, Heniff Transportation Systems, LLC focuses on logistics solutions for the chemical and food industries. The company's key founders include Albert Biggiani, Andrew Frangella, Laura Frangella, and Bob Heniff. The company has engaged in three significant deals, with the most recent one occurring on November 13, 2019.


This deal involved a recapitalization led by Olympus Partners and the management team, with financial details undisclosed. Heniff Transportation Systems, LLC specializes in comprehensive logistics solutions primarily for chemical and food-grade tank hauling. The company operates an integrated freight network that caters to local, regional, and system freight options. Its diverse client base includes manufacturers and distributors in the chemical and food industries.


Services offered include chemical hauling, food-grade transportation, rail transloading, ISO shipping, and tank cleaning, with nearly 100 strategically located facilities across North America and Europe. Heniff tailors its services to meet the unique needs of customers, ensuring compliance with industry standards while enhancing operational efficiency. Heniff Transportation Systems operates on a B2B transaction model, engaging with clients such as large-scale manufacturers and logistics providers. Revenue is generated from service contracts covering logistics solutions like chemical and food transportation, rail transloading, and tank cleaning.


Client contracts typically include set pricing tiers based on shipment volume and frequency, supported by an advanced technology platform that enhances customer interactions and transaction efficiency. Looking ahead, Heniff Transportation Systems plans to leverage its most recent recapitalization deal from December 2019 to expand its service offerings and improve operational capabilities. The company is focused on developing new products in logistics technology and is exploring entry into additional markets, particularly in Europe and Asia, by 2023. Recent funding will be utilized to enhance technological infrastructure and expand operational capacity to better serve its growing client base.


Current Investors

Olympus Partners

Primary Industry

Logistics & Distribution

Sub Industries

Facilities & Maintenance Services, Trucking, Rail Transport

Website

www.heniff.com

Total Amount Raised

Subscriber access only

Heniff Transportation Systems, LLC - 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-onCompletedCombo Group-
Add-onCompletedHagen Johnson Trucking-
N/ACompleted1198 Radcliff Road, 12520 Bay Area Boulevard, 15855 Wood Drive, 1897 Harbor Avenue, 2023 Tanker Drive, 206 Telegraph Road, 2223 Hollywood Road, 2459 Channel Avenue, 3020 Kathleen Road, 3233 West 167th Street, 4963 Provident Drive, 6031 Commerce Court, 6053 Commerce Court, 716 110th Street-
Add-onCompletedCoal City Cob-
Add-onCompletedJasa Transit, LLC-

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