Announced
Completed
Financials
Tags
Majority
United States
Acquisition
Third Party Logistics (3PL)
Friendly
Single Bidder
third-party logistics
Private Equity
Private
Completed
Synopsis
Harvest Partners-backed Lazer Spot, a yard management services provider, completed the acquisition of PHB Transport, third-party logistics company. Financial terms were not disclosed. "One of our top priorities over the next few years is supplementing our strong organic growth with acquisitions of respected competitors. PHB certainly fits that bill. We’ve admired their blue-chip client list and their excellent reputation in the industry for a long time," Adam Newsome, Lazer Spot CEO.
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