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New Deal


Announced

Completed

C.H. Robinson to acquire Prime Distribution Services from Roadrunner Transportation for $225m.

Financials

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Transaction Value£172m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2.1x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

retail consolidation

warehouse

Third Party Logistics (3PL)

Storage Facilities

Acquisition

Single Bidder

United States

Majority

Private

Completed

Domestic

Synopsis

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C.H. Robinson, a provider of multimodal transportation services and third-party logistics, agreed to acquire Prime Distribution Services, a provider of retail consolidation solutions, from Roadrunner Transportation, an asset-light transportation and supply chain solutions provider, for $225m. “Prime Distribution brings capabilities and synergies to our North American Surface Transportation business and allows us to provide a strategic advantage for our customers delivering to retailers. We are excited to welcome the talented team at Prime to C.H. Robinson, and we will work hard to create even more value for our combined set of employees, customers and carriers,” Mac Pinkerton, C.H. Robinson President of North American Surface Transportation.

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