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

Primary Industry

Logistics & Distribution

Sub Industries

Trucking

Website

www.precisionspecializeddivision.com

Company Stage

Add-on

Total Amount Raised

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Precision Specialized Inc. - 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-onCompletedPrecision Specialized Inc.-

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