Logistics & Distribution Buyout Acquisitions in 2021
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December 31, 2021
- Buyer
- Becker Logistics LLC
- Target
- Trek Freight Services, LLC
- Industry
- Logistics & Distribution
- Location
- Illinois, United States
- Type
- Buyout
Becker Logistics LLC acquired Trek Freight Services, LLC effective December 31, 2021. The Lincolnwood, Illinois-based 3PL adds ~125 customers, 25,000+ carriers, 35 employees and Trek's proprietary TMS to Becker's operations as part of Becker's continued growth and capability expansion.
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December 30, 2021
- Buyer
- Loup Logistics Company, Union Pacific
- Target
- Precision Components Inc. (PCI Reload)
- Seller
- Precision Components Inc.
- Industry
- Logistics & Distribution
- Location
- Arizona, United States
- Type
- Buyout
Loup Logistics Company, a wholly owned subsidiary of Union Pacific, acquired the Precision Components Inc. (PCI Reload) transload facility in Phoenix, Arizona, in a deal completed Dec. 30, 2021. The 100+ acre, rail-served facility (125,000 sq. ft. covered storage; three miles of rail capacity) expands Loup/Union Pacific's transload and storage capacity in the Phoenix market and will continue to serve customers across multiple industries.
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December 29, 2021
- Buyer
- American Eagle Outfitters
- Target
- Quiet Logistics
- Industry
- Logistics & Distribution
- Location
- Massachusetts, United States
- Type
- Buyout
American Eagle Outfitters (AEO) completed the acquisition of Quiet Logistics for approximately $360 million in cash, making Quiet a wholly‑owned AEO subsidiary. The purchase brings in-market fulfillment centers and fulfillment expertise to AEO to reduce delivery costs, improve inventory positioning, and create a supply‑chain platform AEO can scale for its own brands and third‑party customers.
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December 23, 2021
- Buyer
- Crown Capital Investments
- Target
- Nova Marketing, LLC
- Industry
- Logistics & Distribution
- Location
- Missouri, United States
- Type
- Buyout
Atlanta-based private equity firm Crown Capital Investments has acquired Nova Marketing, LLC, a St. Louis-headquartered warehousing, kitting and fulfillment provider. Crown said the deal adds a central U.S. operation to its national warehousing, kitting and fulfillment network and creates synergies with its distribution solutions portfolio.
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December 22, 2021
- Buyer
- MWG Holdings Group, Inc.
- Target
- Oz Distribution
- Industry
- Logistics & Distribution
- Location
- California, United States
- Type
- Buyout
MWG Holdings Group, Inc. acquired Oz Distribution to add a wholesale cannabis distribution business serving more than 400 California dispensaries. The acquisition vertically integrates Oz's branded products (Royal Tree, Royal Dab, Royal Bud) into MWG's supply chain to expand product reach for MWG's Perfect Union retail locations across California.
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December 22, 2021
- Buyer
- US Service Group
- Target
- Transcope Services
- Industry
- Logistics & Distribution
- Location
- New Jersey, United States
- Type
- Buyout
US Service Group (USSG), a Deer Park, New York-based industrial services company, has acquired Transcope Services of Randolph, New Jersey. The acquisition strengthens USSG's presence in the Northeast and expands its rigging, transportation, warehousing and logistics capabilities; Transcope President Mark Elfant will remain on a consulting basis to support growth.
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December 16, 2021
- Buyer
- UPS
- Target
- Bomi Group
- Seller
- ARCHIMED, Bomi founding family and management
- Industry
- Logistics & Distribution
- Location
- Lombardy, Italy
- Type
- Buyout
UPS has agreed to acquire Italy-headquartered healthcare logistics provider Bomi Group from ARCHIMED's MED Platform I. ARCHIMED, which took Bomi private in 2019, will exit after helping internationalize and grow the business; Bomi's management and founding family will remain in place following the transaction.
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December 16, 2021
- Buyer
- ID Logistics
- Target
- GVT Transport & Logistics
- Seller
- GVT Group of Logistics
- Industry
- Logistics & Distribution
- Location
- North Brabant, Netherlands
- Type
- Buyout
ID Logistics has completed the acquisition of 100% of GVT Transport & Logistics, the transport and logistics division of GVT Group of Logistics, strengthening its Benelux footprint. GVT operates 12 sites (headquartered in Tilburg, Netherlands), employs more than 750 people, rents ~200,000 m² of warehouses and runs a fleet of 285 trucks, serving mainly international electronics and non-food retail customers.
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December 16, 2021
- Buyer
- AmpliTech Group, Inc.
- Target
- Spectrum Semiconductor Materials, Inc.
- Seller
- Spectrum Semiconductor Materials, Inc.
- Industry
- Logistics & Distribution
- Location
- California, United States
- Type
- Buyout
AmpliTech Group, Inc. (NASDAQ: AMPG) has executed a definitive agreement to acquire the assets and operations of Spectrum Semiconductor Materials, Inc., a San Jose–based authorized distributor of semiconductor components. The deal (approximately $8.0M cash plus $1.5M escrow and restricted shares) nearly triples AmpliTech's revenue base, adds a global distribution platform and a record combined order backlog of $11.4M, and is intended to accelerate commercialization of AmpliTech's MMIC chip solutions.
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December 15, 2021
- Buyer
- Exertis (DCC Technology), DCC plc
- Target
- Almo Corporation
- Seller
- Chaiken Family
- Industry
- Logistics & Distribution
- Location
- Pennsylvania, United States
- Type
- Buyout
DCC Technology, trading as Exertis, has acquired Almo Corporation in what DCC plc described as its largest transaction to date. The acquisition expands Exertis' Pro AV and consumer appliance distribution capabilities in North America, adding Almo's 660 employees, nine distribution centers and more than 2.5 million square feet of warehousing to Exertis' operations.
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December 13, 2021
- Buyer
- Ryder System, Inc.
- Target
- Whiplash
- Industry
- Logistics & Distribution
- Location
- California, United States
- Type
- Buyout
Ryder System, Inc. has entered into a definitive agreement to acquire Whiplash, a City of Industry, California-based omnichannel e-commerce fulfillment and logistics provider, for approximately $480 million in cash. The acquisition expands Ryder's e-commerce and omnichannel fulfillment network (adding 19 warehouses and ~7 million square feet), is expected to be accretive, and aims to integrate Whiplash's technology, operations, and team to accelerate capability and geographic coverage.
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December 8, 2021
- Buyer
- Arcus Infrastructure Partners / Arcus European Infrastructure Fund 2 (AEIF2)
- Target
- HB Returnable Transport Solutions
- Seller
- Mentha, Founders and existing management shareholders
- Industry
- Logistics & Distribution
- Location
- Overijssel, Netherlands
- Type
- Buyout
Arcus Infrastructure Partners, through Arcus European Infrastructure Fund 2 (AEIF2), has acquired 100% of HB Returnable Transport Solutions from existing shareholders including Mentha. HB, a Welsum-based provider of rental, washing and integrated logistics for returnable transport items (RTIs) serving the Dutch food & beverage supply chain, will see senior management reinvest alongside the Fund to support future growth and capability expansion.
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December 6, 2021
- Buyer
- Radiant Logistics, Inc.
- Target
- Navegate, Inc.
- Seller
- Navegate's owners
- Industry
- Logistics & Distribution
- Location
- Minnesota, United States
- Type
- Buyout
Radiant Logistics, Inc. (NYSE American: RLGT) acquired all outstanding stock of Navegate, Inc., a Mendota Heights, Minnesota-based technology-enabled logistics and supply chain management company, in a transaction that closed December 3, 2021. The deal (reported at $35 million) expands Radiant's international services footprint—including customs brokerage, ocean forwarding and drayage—and adds Navegate's cloud-based global trade management platform to Radiant's network.
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December 2, 2021
- Buyer
- American Pacific Group, Platinum Equity, Angelo Gordon
- Target
- Fellers, Inc.
- Seller
- Frank Fellers, Fellers management team
- Industry
- Logistics & Distribution
- Location
- Oklahoma, United States
- Type
- Buyout
American Pacific Group (APG) has acquired Fellers, Inc., the world's largest vehicle wrap distributor headquartered in Tulsa, Oklahoma. APG partnered with financing sources Platinum Equity and Angelo Gordon to complete the transaction; Bridgepoint Investment Banking served as exclusive financial advisor to Fellers. Fellers CEO Tom Brophy will remain in his role following the sale.
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November 29, 2021
- Buyer
- H.I.G. Capital
- Target
- Grupo Ransa
- Seller
- Grupo Romero
- Industry
- Logistics & Distribution
- Location
- Lima, Peru
- Type
- Buyout
An affiliate of H.I.G. Capital has acquired a majority stake in Grupo Ransa, a leading third-party logistics (3PL) operator headquartered in Peru. Grupo Romero will remain a strategic partner and Ransa's existing management team, led by CEO Paolo Sacchi, will continue to run the business; financial terms were not disclosed.
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November 23, 2021
- Buyer
- The Jordan Company, L.P. (affiliate)
- Target
- Echo Global Logistics, Inc.
- Industry
- Logistics & Distribution
- Location
- Illinois, United States
- Type
- Buyout
An affiliate of private equity firm The Jordan Company completed the acquisition of Echo Global Logistics, Inc. for $48.25 per share in cash, taking the Chicago-based logistics provider private and suspending its Nasdaq trading. The Jordan Company said it will partner with Echo’s management to invest in the company’s technology and accelerate its long-term growth strategy.
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November 18, 2021
- Buyer
- Envoy Solutions
- Target
- Johnston Paper Company, Inc.
- Seller
- Johnston family (owners of Johnston Paper Company)
- Industry
- Logistics & Distribution
- Location
- New York, United States
- Type
- Buyout
Envoy Solutions, a Glenview, Illinois–based specialty distribution platform, has agreed to acquire Johnston Paper Company, a family-owned distributor in Auburn, New York that serves the foodservice and janitorial (Jan-San) markets. The deal expands Envoy Solutions' footprint in the Northeast and is expected to close in Q4 2021, bringing Johnston’s ~130 employees into Envoy’s national distribution network.
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November 16, 2021
- Buyer
- Sentinel Capital Partners
- Target
- Empire Auto Parts
- Seller
- Tenex Capital Partners II, L.P. (Tenex Capital Management)
- Industry
- Logistics & Distribution
- Location
- New Jersey, United States
- Type
- Buyout
Sentinel Capital Partners has acquired Empire Auto Parts, a Totowa, New Jersey–headquartered specialty distributor of aftermarket collision parts operating a hub-and-spoke network across the U.S. East Coast. The transaction, effective mid-November 2021, represents an exit for seller Tenex Capital Partners II (Tenex Capital Management); financial terms were not disclosed.
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November 10, 2021
- Buyer
- Pantero
- Target
- Ampro Material Handling (Ampro, Inc.)
- Seller
- Glen Hope (owner of Ampro)
- Industry
- Logistics & Distribution
- Location
- Michigan, United States
- Type
- Buyout
Pantero, a family-owned packaging and warehouse supply company based in Troy, Michigan, has acquired Ampro Material Handling, a Detroit-area racking and material handling supplier founded in 1969. The deal expands Pantero's material handling capabilities—adding pallet racking, mezzanines, custom fabrication and installation services—to offer more comprehensive warehouse solutions to its customers.
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- Buyer
- Pamplona Capital Management
- Target
- BFG Supply
- Seller
- Incline Equity Partners
- Industry
- Logistics & Distribution
- Location
- Ohio, United States
- Type
- Buyout
Pamplona Capital Management has acquired BFG Supply, a technology-enabled distributor serving the green industry, from Incline Equity Partners. Headquartered in Burton, Ohio, BFG distributes products across professional horticulture, lawn & garden, hydroponics and controlled environment agriculture and will look to grow organically and via acquisitions under Pamplona's ownership.
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November 9, 2021
- Buyer
- DoorDash
- Target
- Wolt
- Seller
- EQT Ventures, EQT Growth
- Industry
- Logistics & Distribution
- Location
- Uusimaa, Finland
- Type
- Buyout
DoorDash has agreed to acquire Helsinki-based food delivery platform Wolt in an all-stock transaction valued at approximately EUR 7 billion, subject to regulatory approval. As part of the deal, EQT Ventures and EQT Growth will exit their holdings in Wolt and receive DoorDash shares. Wolt operates in 23 countries, employs over 4,000 people, and the acquisition significantly expands DoorDash's international presence and last-mile logistics footprint.
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November 3, 2021
- Buyer
- ShipHero
- Target
- Golden Egg Solutions
- Industry
- Logistics & Distribution
- Location
- Utah, United States
- Type
- Buyout
ShipHero has acquired Golden Egg Solutions, an e-commerce fulfillment and packaging provider based in Salt Lake City, Utah. The acquisition gives ShipHero a strategically located warehouse in the Northwestern U.S. and adds capabilities including HazMat handling, packaging, drop-shipping and white-label supplement procurement for its fulfillment and 3PL clients.
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- Buyer
- CMA CGM
- Target
- Fenix Marine Services
- Seller
- EQT Infrastructure (EQT Infrastructure III fund)
- Industry
- Logistics & Distribution
- Location
- California, United States
- Type
- Buyout
CMA CGM has agreed to acquire Fenix Marine Services from the EQT Infrastructure III fund for an enterprise value of USD 2.3 billion. Fenix operates one of the largest container terminals at the Port of Los Angeles (handling ~2.3 million TEUs annually and ~145 employees); the deal is expected to close subject to regulatory approvals.
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October 27, 2021
- Buyer
- Ryder System, Inc.
- Target
- Midwest Warehouse & Distribution System
- Industry
- Logistics & Distribution
- Location
- Illinois, United States
- Type
- Buyout
Ryder System entered into a definitive agreement to acquire all outstanding equity of Midwest Warehouse & Distribution System (Midwest), a Woodridge, Illinois-based provider of warehousing, distribution, and transportation solutions for food, beverage, and CPG customers. Ryder expects the acquisition to add about $135 million in annual revenue to its supply chain solutions segment in 2022 and to expand Ryder’s multi-client warehousing presence in the greater Chicago area.
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October 22, 2021
- Buyer
- ShipHero
- Target
- Cargo Cove Fulfillment
- Industry
- Logistics & Distribution
- Location
- Florida, United States
- Type
- Buyout
ShipHero has acquired Cargo Cove Fulfillment, a Jacksonville, Florida-based full-service e-commerce logistics and fulfillment provider. The deal integrates Cargo Cove's fulfillment, picking/packing, inventory management and returns services (which serve over 50 e-commerce brands and have shipped over one million orders) into ShipHero's fulfillment network to expand its southeastern U.S. footprint and strengthen its fulfillment capabilities following a $50 million financing round.
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October 21, 2021
- Buyer
- Alliance Ground International
- Target
- MIC Cargo (Maestro International Cargo)
- Industry
- Logistics & Distribution
- Location
- Illinois, United States
- Type
- Buyout
Alliance Ground International (AGI) has acquired MIC Cargo (Maestro), a Chicago-based air cargo and ground handling operator at Chicago O'Hare (ORD). The deal expands AGI's warehouse footprint and aircraft parking capacity at ORD — including Maestro's WHO‑GDP certified cold‑chain pharmaceutical capabilities — as AGI grows its North American air cargo and below‑the‑wing services.
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- Buyer
- ShipMonk
- Target
- El Mar Mexico (321 Fulfillment of Mexico)
- Industry
- Logistics & Distribution
- Location
- Baja California, Mexico
- Type
- Buyout
ShipMonk acquired El Mar Mexico (321 Fulfillment of Mexico) and opened its first warehouse facility outside the U.S. in Tecate, Mexico. The acquisition enables ShipMonk to offer cross‑border 3PL fulfillment that leverages CBP Section 321 to reduce duties and import costs for e‑commerce customers while expanding the company's international footprint.
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- Buyer
- DexKo Global Inc., Dexter Axle Company
- Target
- National Trailer Parts Warehouse, Ltd.
- Seller
- Keith Brown, Ernie Giddens
- Industry
- Logistics & Distribution
- Location
- Saskatchewan, Canada
- Type
- Buyout
DexKo Global's wholly-owned subsidiary Dexter Axle Company acquired National Trailer Parts Warehouse, Ltd., a trailer-parts distributor based in Swift Current, Saskatchewan. The acquisition expands Dexter's distribution coverage in Western Canada and integrates National Trailer Parts' ~20 employees and local fleet into Dexter's distribution network.
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- Buyer
- Gamut Capital Management, British Columbia Investment Management Corporation (BCI)
- Target
- PS Logistics
- Seller
- One Equity Partners, WayPoint Capital Partners
- Industry
- Logistics & Distribution
- Location
- Alabama, United States
- Type
- Buyout
One Equity Partners announced it has exited its investment in PS Logistics, the U.S. flatbed transportation and full-service logistics provider headquartered in Birmingham, Alabama. The company was acquired by Gamut Capital Management and British Columbia Investment Management Corporation (BCI) (financial terms not disclosed) after OEP helped scale PS Logistics through 14 add-on acquisitions and strong organic growth.
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October 7, 2021
- Buyer
- Lineage Logistics
- Target
- Kloosterboer Group
- Seller
- Kloosterboer family
- Industry
- Logistics & Distribution
- Location
- South Holland, Netherlands
- Type
- Buyout
Lineage Logistics has completed the acquisition of the family‑owned Kloosterboer Group, a Netherlands‑based cold storage and temperature‑controlled logistics provider with ~900 employees and 11 facilities across Europe, Canada and South Africa. The deal expands Lineage's European footprint—adding locations in France and Germany—and enhances its value‑added and automation capabilities while reinforcing sustainability leadership.
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October 6, 2021
- Buyer
- LaserShip
- Target
- OnTrac Logistics
- Industry
- Logistics & Distribution
- Location
- Arizona, United States
- Type
- Buyout
LaserShip is acquiring West Coast parcel carrier OnTrac Logistics for approximately $1.3 billion, creating the largest regional parcel carrier in the United States by combining eastern and western networks. The combined company will expand LaserShip’s footprint coast-to-coast, increasing scale to better compete with national carriers and generate about $1.6 billion in combined revenue, according to Moody’s.
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October 5, 2021
- Buyer
- Andlauer Healthcare Group Inc.
- Target
- T.F. Boyle Transportation, Inc., Skelton USA Inc.
- Industry
- Logistics & Distribution
- Location
- United States
- Type
- Buyout
Andlauer Healthcare Group Inc. (AHG) has acquired 100% of T.F. Boyle Transportation, Inc. for approximately US$80 million and the remaining 51% of Skelton USA Inc. for approximately C$50 million, completing AHG's ownership of both businesses. The transactions expand AHG's U.S. footprint and temperature‑controlled life sciences logistics capabilities, and are expected to be immediately accretive to cash flow and earnings per share.
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October 4, 2021
- Buyer
- Mike Dames, Halstatt Legacy Partners
- Target
- The Colography Group
- Seller
- Mark Schoeman
- Industry
- Logistics & Distribution
- Location
- Georgia, United States
- Type
- Buyout
Mike Dames, supported by Halstatt Legacy Partners, has acquired The Colography Group, an Atlanta-based market intelligence and consulting firm focused on the parcel shipping industry. The deal transfers ownership from retiring owner Mark Schoeman; Dames becomes President and plans to prioritize hiring a Vice President of Operations to support continued growth and client service continuity.
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September 29, 2021
- Buyer
- ArcBest
- Target
- MoLo Solutions, LLC
- Industry
- Logistics & Distribution
- Location
- Illinois, United States
- Type
- Buyout
ArcBest (Nasdaq: ARCB) has entered into a definitive agreement to acquire MoLo Solutions, a Chicago-based truckload freight brokerage, for $235 million in cash with potential additional contingent consideration. The acquisition expands ArcBest's asset-light truckload brokerage capabilities, increases access to carrier partners and shippers, and is expected to be accretive to earnings.
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September 29, 2021
- Buyer
- CPP Investments
- Target
- Ports America
- Seller
- Funds managed by Oaktree Capital Management
- Industry
- Logistics & Distribution
- Location
- New Jersey, United States
- Type
- Buyout
CPP Investments agreed to acquire the remaining interest in Ports America from funds managed by Oaktree Capital Management, becoming the company’s 100% owner. Ports America is North America’s largest marine terminal operator (70 locations across 33 ports) and CPP said the deal supports continuity of ownership and long‑term investment in the business.
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September 21, 2021
- Buyer
- project44
- Target
- Convey
- Industry
- Logistics & Distribution
- Location
- Texas, United States
- Type
- Buyout
project44 has acquired Austin-based Convey, a last-mile Delivery Experience Management (DEM) and real-time visibility provider, for $255 million. The acquisition expands project44's platform to the consumer doorstep, combining end-to-end supply chain visibility with post-purchase delivery experience and AI-driven analytics to better serve retail and eCommerce customers.
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September 20, 2021
- Buyer
- PLS Logistics Services
- Target
- D&L Transport
- Industry
- Logistics & Distribution
- Location
- Kansas, United States
- Type
- Buyout
PLS Logistics Services, a technology-driven third-party logistics provider based in Cranberry Township, Pennsylvania, has acquired D&L Transport, a freight brokerage headquartered in Overland Park, Kansas. D&L will operate as an independent subsidiary with Brian DeFrain remaining president, and PLS expects the transaction to increase its annual revenue run rate to $950 million (with a projected ~$1.2 billion in 2022).
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September 20, 2021
- Buyer
- WillScot Mobile Mini Holdings Corp.
- Target
- American Mobile Leasing, Inc., Equipe Container Services, Inc. (d/b/a Moveable Container Storage / MCS), Saf-T-Box, LP
- Industry
- Logistics & Distribution
- Location
- United States
- Type
- Buyout
WillScot Mobile Mini Holdings Corp. acquired American Mobile Leasing, Equipe Container Services, Inc. (d/b/a Moveable Container Storage / MCS), and Saf-T-Box, LP, adding about 11,000 portable storage units to its U.S. fleet. The transactions were funded with cash on hand and borrowings under the company’s revolving credit facility and are intended to expand WillScot Mobile Mini’s market presence, fleet availability, and service capabilities across key U.S. regions.
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September 15, 2021
- Buyer
- A.P. Moller - Maersk, Maersk Growth
- Target
- HUUB
- Seller
- Maersk Growth, Existing HUUB investors
- Industry
- Logistics & Distribution
- Location
- Porto, Portugal
- Type
- Buyout
A.P. Moller - Maersk has acquired HUUB, a Portuguese cloud-based logistics start-up that provides an omnichannel fulfilment platform focused on the fashion industry. The deal — executed through Maersk’s venture activities — brings HUUB’s technology and talent into Maersk’s e‑commerce logistics offering while HUUB’s existing investors, including Maersk Growth, are exiting.
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September 9, 2021
- Buyer
- Blade Air Mobility, Inc.
- Target
- Trinity Air Medical, Inc.
- Industry
- Logistics & Distribution
- Location
- Arizona, United States
- Type
- Buyout
Blade Air Mobility agreed to acquire Trinity Air Medical for approximately $23 million upfront plus contingent consideration, creating a nationwide, multi-modal organ logistics and transport platform. The acquisition will fold Trinity into Blade's MediMobility business, with Trinity leadership joining Blade's MediMobility management team and all Trinity employees expected to remain post-closing.
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September 9, 2021
- Buyer
- Magaya Corporation
- Target
- Qwyk, SimpliShip
- Industry
- Logistics & Distribution
- Location
- United States
- Type
- Buyout
Magaya Corporation acquired digital freight-forwarding platform Qwyk and freight marketplace SimpliShip to accelerate its digitization strategy and enhance customer-facing capabilities for logistics service providers. The dual acquisition adds a white-label customer portal, sailing-schedule data, and a marketplace/API-driven procurement capability to Magaya's logistics automation platform.
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September 8, 2021
- Buyer
- Whiplash
- Target
- Enlinx
- Seller
- David Burns, Ken Thompson
- Industry
- Logistics & Distribution
- Location
- Utah, United States
- Type
- Buyout
Whiplash, a nationwide omnichannel fulfillment provider based in City of Industry, California, acquired Enlinx, a Salt Lake City–based 3PL fulfillment provider, adding a 400,000-square-foot distribution center and ~246 employees. The acquisition expands Whiplash's presence in the Intermountain West to better serve D2C ecommerce and omnichannel retail customers with faster regional shipping and multi-node fulfillment capabilities.
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August 25, 2021
- Buyer
- TransImpact
- Target
- MCG Logistics
- Industry
- Logistics & Distribution
- Location
- California, United States
- Type
- Buyout
TransImpact has acquired MCG Logistics, a global freight and parcel management and consulting firm, to deepen its logistics expertise across consumer products, home products and healthcare and to expand ocean, air and international logistics capabilities. The deal expands TransImpact's geographic footprint with a California office; the combined company will maintain offices in North Carolina, Ohio and California and operate with over 170 employees.
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August 17, 2021
- Buyer
- Harvestone Group
- Target
- Gateway Terminals LLC
- Industry
- Logistics & Distribution
- Location
- Illinois, United States
- Type
- Buyout
Harvestone Group has acquired Gateway Terminals LLC, a bulk liquid terminal complex in Sauget, Illinois with 400,000 barrels of tank capacity and multimodal truck, rail, and barge capabilities. The purchase expands Harvestone’s marketing, logistics and trading platform and strengthens its position in key biofuels and commodity supply chains.
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August 17, 2021
- Buyer
- Phoenix Equity Partners
- Target
- Ava Global Limited
- Seller
- Ava Risk Group
- Industry
- Logistics & Distribution
- Location
- Kent, United Kingdom
- Type
- Buyout
Phoenix Equity Partners has exchanged contracts to acquire a majority stake in Ava Global Limited from parent company Ava Risk Group (ARG), investing alongside founders Chris Fergus and James Alston. The UK-based specialist secure-logistics provider will receive capital to invest in people, technology and offices to support continued rapid international growth and establishment as an independent business.
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July 26, 2021
- Buyer
- Cart.com
- Target
- Sauceda Industries
- Industry
- Logistics & Distribution
- Location
- Texas, United States
- Type
- Buyout
Cart.com has acquired Sauceda Industries, an Austin-based 3PL provider that offers omnichannel fulfillment services for ecommerce brands. The acquisition expands Cart.com's nationwide fulfillment capabilities and integrates Sauceda's partner network, people and processes into Cart.com's end-to-end ecommerce platform.
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July 23, 2021
- Buyer
- MGN Logistics, Inc.
- Target
- Republic Logistic Services
- Industry
- Logistics & Distribution
- Location
- California, United States
- Type
- Buyout
MGN Logistics, Inc. acquired Republic Logistic Services, a California-based niche freight brokerage, to establish a West Coast presence and expand its freight management business. The deal is intended to support wider adoption of MGN's proprietary cloud-based Transportation Management System (TMS) and improve service for existing and new customers.
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- Buyer
- Uber Freight (Uber Technologies, Inc.)
- Target
- Transplace
- Seller
- TPG Capital
- Industry
- Logistics & Distribution
- Location
- Texas, United States
- Type
- Buyout
Uber Freight has entered into a definitive agreement to acquire Transplace from TPG Capital for approximately $2.25 billion, consisting of up to $750 million in Uber common stock and the remainder in cash. The deal combines Uber Freight's large digitally-enabled carrier network with Transplace's managed transportation and shipper-facing technology to create a scaled end-to-end logistics platform and accelerate Uber Freight's path to profitability.
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- Buyer
- Werner Enterprises, Inc.
- Target
- ECM Transport Group
- Industry
- Logistics & Distribution
- Location
- Pennsylvania, United States
- Type
- Buyout
Werner Enterprises acquired an 80% equity stake in ECM Transport Group for $142.4 million, with an exclusive option to purchase the remaining 20% after five years. The deal adds nearly 500 trucks, 2,000 trailers and over 500 drivers to Werner's network, increasing its short-haul/regional truckload capabilities and expanding its presence in the Mid-Atlantic, Ohio and Northeast regions.
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- Buyer
- Crown Capital Investments
- Target
- Ameriworld Enterprises, Inc.
- Industry
- Logistics & Distribution
- Location
- Florida, United States
- Type
- Buyout
Crown Capital Investments, an Atlanta-based direct investment platform, has acquired Ameriworld Enterprises, Inc., a Miami-based order fulfillment and distribution solutions provider serving B2B, B2C, retailers and e-commerce. The acquisition positions Crown Capital to capture continued e-commerce growth by adding fulfillment, packaging and brand-building capabilities to its portfolio.
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