Announced
Completed
Financials
Tags
Acquisition
Private Equity
Completed
Private
Third Party Logistics (3PL)
logistic services
Friendly
United States
Single Bidder
Synopsis
TA Services, the 3PL & Brokerage division of PS Logistics, completed the acquisition of certain assets of Celadon Logistics, a non-asset based brokerage and 3PL provider, from Celadon Group. PS Logistics is a portfolio company of One Equity Partners. Financial terms were not disclosed. "We look forward to welcoming the entire Celadon Logistics team to our TA family," said Scott Schell, President & CEO of TA Services, who will lead the merged organization. "Together with Celadon Logistics' experienced team and expanded service offerings, we are positioned to be the one-stop solution for addressing all of our customers' transportation needs."
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