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Announced

Apollo Global Management to acquire a majority stake in Transportation Partners & Logistics for $183m.

Financials

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Transaction Value£142m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Majority

Single Bidder

United States

Pending

Acquisition

Friendly

supply chain management

logistics solutions

Third Party Logistics (3PL)

Private Equity

Domestic

Synopsis

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Apollo Global Management agreed to acquire a majority stake in Transportation Partners & Logistics, a provider of logistics, transportation, and supply chain management solutions serving renewable energy and industrial markets, for $183m. "We are excited to join forces with Takkion and Apollo. The combination is a highly strategic decision that brings together the unique strengths of the great company that we have built, and the deep resources of Takkion and Apollo to deliver best-in-class logistics and supply chain services to our customers across North America," Jim Orr, TP&L President.

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