Two practices
Consolidation is where most advisers stop — at completion. What follows is where the value is made or lost, and it is organizational before it is financial. We do both.
Selected transactions
| Year | Company | Transaction |
|---|---|---|
| 2019 | Logistics autonomous driving developer | Series A |
| 2020 | Full-load linehaul operator | Series B |
| 2020 | LCL shipping group | Pre-IPO financing |
| 2021 / 2022 | Cross-border e-commerce logistics group | Series A and B |
| 2022 | Logistics autonomous driving developer | Series A+ |
| 2023 | Southeast Asian fulfillment center operator | Series A |
| 2024 | Southeast Asian logistics group | Series A |
| 2024 / 2025 | North American trucking platform | Series B, then sale |
| 2025 | European logistics group | Series C |
| 2026 | Global warehousing and distribution company | M&A, United States and Canada |
| 2026 | American trucking company | Joint venture |
Client names withheld at clients’ request. Aggregate transaction value across all mandates exceeds US$1bn.
What we do
Corporate Finance2
Financial Advisory Sell-side and buy-side M&A in logistics and logistics technology, and the financings that precede them. Pre-Sale Readiness Prepare a privately held business for sale, before the process starts.Advisory6
Entry Mode Assessment Decide where to go, and whether to build or buy, before committing capital. Cross-Border Structure and Tax Design Design the holding, funding and profit structure while it is still cheap to change. Establishment and Launch Get the entity legally operating, with every obligation mapped from day one. Organization and Talent Design the organization, and find the people to run it — at any stage, not only after a transaction. HQ–Subsidiary Governance Give the Chinese parent visibility and control over regions and subsidiaries that have outgrown the reporting around them. Ongoing Compliance Management One point of contact for every annual obligation, in every country you operate in.Team
Seth Wu
Managing Partner
Seth founded Lakeside Capital in 2017.
Over close to twenty years in investment banking, he has advised on financing and M&A transactions with an aggregate value in excess of US$2 billion. Previously, he built up the cross-border M&A team at Sinolink Securities as Executive Director and worked in PwC Corporate Finance as Senior Manager.
He serves as an independent director of Amass Global Network Group, a leading international freight forwarding group headquartered in Shanghai.
Seth is a CPA and a member of the ACCA.
Teresa Meng
Partner
Teresa leads Lakeside’s advisory practice, covering market entry, organization and talent.
Her experience over close to twenty years combines finance and human resources — PwC, then the global leadership advisory firm Russell Reynolds Associates as a consultant, then NetEase as HR Director. She advises on organization and talent with the capital and industry context in view, not separately from it.
For advisers and intermediaries
Chinese companies are a growing client segment that most firms outside China have no route to. We are that route.
If you originate transactions
We act for Chinese acquirers in logistics and logistics technology, and for owners selling into that consolidation.
If you provide local professional services
Our clients are logistics and supply chain companies acquiring, establishing and operating outside China.
Contact
Los Angeles
Ontario, Greater Los Angeles
Both partners work from this office each quarter. Write to us and we will arrange a meeting around the next visit.