About the Transaction
Trans American Customhouse Brokers, Inc. (“Trans American”) (www.tacustoms.com) is an industry innovator in Customs and global logistics. Established in 1984, the company is known for spearheading ‘firsts’ in the Customs Brokerage industry, empowering clients with real, customized, and competitive Customs services, global logistics, and technology solutions for nearly 40 years. Trans American is ranked within the top 20 of all US Customs Brokers by annual Customs Entry filings.
The buyer, EFL Global (“EFL”) (www.efl.global), is a leading supply chain and logistics solutions provider. Founded in Sri Lanka in 1982, they are a recognized international leader in freight forwarding across many verticals, including agriculture, apparel, pharmaceuticals, technology, automotive, and more. EFL is a member of the International Air Transport Association (IATA), the trade association that supports aviation with global standards for airline safety, security, efficiency, and sustainability. EFL will retain the Trans American business model and (TA) name.
Evan Rosen, EFL Global’s President – Americas Region, told Paramax:
We’re thrilled to add such a historically successful organization to our business and grow the EFL Global family. With this acquisition, we add more valuable solutions in the Customs Brokerage space and continue to expand our global footprint for existing and future customers.
EFL’s acquisition of Trans American will expand its capabilities and add more to its suite of Customs Brokerage offerings, including integrated US, Canada, and Mexico Customs services, a team of licensed Customs Brokers, and digital tools that make Customs Clearance processes as efficient and transparent as possible. This acquisition marks the latest in a series of strategic moves for EFL, growing at the forefront of innovation in the supply chain and logistics sector for over 40 years. It continues to invest in its core business capabilities and global operations, and the acquisition of Trans American Customhouse Brokers, Inc. is further evidence of this commitment to excellence.