Thought Leadership / News
November 30, 2023 
 Press Releases
Gray Reed Transaction Wins Corporate/Strategic Deal of the Year Award at 2023 M&A Advisor Awards

A Gray Reed transaction was named the "Corporate/Strategic Deal of the Year (between $10MM - $25MM)” at the 22nd Annual M&A Advisor Awards, which was held in November in New York City.

The winning transaction involved the acquisition of Overland Distribution Inc. and Overland Express Company by KC Piggyback Holdings, LLC. Gray Reed served as counsel to Overland Distribution Inc. and Overland Express Company in the sale of 100 percent of the equity interests in both companies to KC Piggyback Holdings, LLC d/b/a U.S. Multimodal Group.  The Tenney Group provided investment advisory services to the Overland sellers.   The acquisition of the Overland entities by an equity-backed strategic buyer helps to expand the business of both KC Piggyback Holdings and the Overland entities as well as market to a larger customer base.

Gray Reed attorneys involved were Wes Dorman, Dan Kroll, Austin Carlson, Marcus Fettinger, Toni Meier, Savannah Warner, Constanza Recchini, and Brian Clark.

“This award is really a recognition of the outstanding collaboration between our corporate/M&A, tax, employment and real estate lawyers,” Dorman said. “By leveraging our firm's collective transactional experience and deep subject-matter expertise, we came together to drive a successful sale process for the Overland parties, while addressing complex corporate, tax, employment, and real estate considerations.”

The 2023 award winners were chosen from more than 350 nominees. Evaluation of the nominees and selection of the winners was completed by an independent judging panel made up of renowned members and experts in the M&A, finance and turnaround community.

“The award recipients represent the best in the mergers and acquisitions industry this past year and earned these honors by standing out in a group of extremely impressive finalists,” The M&A Advisor Founder and CEO Roger Aguinaldo said.

In previous years, The M&A Advisor has recognized Gray Reed in the “Cross Border Deal of the Year ($50MM-$75MM)," “Healthcare/Life Sciences Deal of the Year (Under $100 million)," and “M&A Deal of the Year ($25 million to $50 million)” categories.

About The M&A Advisor

The M&A Advisor was founded in 1998 to offer insights and intelligence on M&A activities and has since been established as the premier global network of M&A, Turnaround, and Finance professionals. Today, the M&A Advisor presents and recognizes the achievements of, and facilitating connections between the industry’s top performers throughout the world with a comprehensive range of services.  To learn more visit

About Gray Reed

A full-service Texas law firm with offices in Dallas,Houston and Waco, Gray Reed provides legal services to companies ranging from start-up to Fortune 500 as well as high net worth individuals. Gray Reed attorneys assist clients with a myriad of legal issues including commercial litigation, corporate and securities transactions, mergers and acquisitions, bankruptcy, construction, employment law, energy, healthcare, insurance, real estate, tax planning and litigation, trusts and estates, and family law. For more information, visit


Left to right: Dan Kroll, Austin Carlson, Savannah Warner, Wes Dorman, Constanza Recchini and Brock Niezgoda