Dan Foss is a recognizable name in the express delivery service business on Southern Vancouver Island and in the Greater Vancouver and Fraser Valley regions. The Company was sold in November of 2010 to Ed Ashley, who has many years of management experience in the industry. XPS Group provided an independent comprehensive valuation of the business to support a reasonable price among the parties and to assist in obtaining financing for the acquisition.
Ed Ashley says “While I was leery about the price at first, I must say that I was very satisfied with the outcome. The benefits were numerous with a very thorough valuation being conducted. The number one benefit to me was that the vendors were involved in the process and that it was the report, based on information provided by the vendors, and not me that indicated how much the company was worth.”