Precision Specialized Inc.
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Precision Specialized Inc. - overview
Established
2009
Location
-, ON, Canada
Primary Industry
Logistics & Distribution
About
Precision Specialized Inc. provides expert long-distance moving services, offering a range of solutions designed for seamless relocations. Their focus on customer service and logistical support sets them apart in the moving industry. Founded in 2009 and headquartered in Brantford, Canada, Precision Specialized Inc.
specializes in long-distance moving services. The company was acquired by GTI Group in February 2019, transitioning from its previous ownership under Precision Truck Lines Inc. The acquisition marked a strategic pivot, allowing Precision to expand its service offerings under a new name. Precision Specialized Inc.
excels in long-distance moving, offering a complete suite of services that includes packing, loading, transportation, and unpacking of both household and commercial goods. Catering to families, professionals, and businesses, the company operates in major metropolitan areas across the United States, including Philadelphia, Las Vegas, Austin, and Tucson, ensuring efficient service delivery tailored to diverse client needs. Precision Specialized Inc. generates revenue through direct-to-consumer transactions in long-distance moving services.
The pricing structure incorporates a base fee for transportation along with additional charges for services such as packing and specialized vehicle transportation. By emphasizing reliability and efficiency, the firm fosters strong customer relationships, which contributes to consistent revenue growth through repeat business and referrals. Following its acquisition by GTI Group in February 2019, Precision Specialized Inc. plans to leverage its new operational framework to enhance its service offerings.
The company aims to expand its presence into new regions, focusing on increasing market penetration in the Southeast United States by the end of 2023. Recent funding from the acquisition will be utilized to support these expansion efforts, as well as to develop new service lines tailored to customer demands.
Current Investors
GTI Group
Primary Industry
Logistics & Distribution
Sub Industries
Trucking
Website
www.precisionspecializeddivision.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Precision Specialized Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Precision Specialized Inc. | - |
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Precision Specialized Inc. - employee data


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