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New Deal


Announced

Completed

Ryder System completed the acquisition of Whiplash for $480m.

Financials

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Transaction Value£361m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Majority

gateway logistics

Private

Acquisition

warehousing

Express Courier / Parcels

Friendly

United States

Domestic

Completed

Synopsis

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Ryder System, a supply chain, fleet management and logistics solutions provider, completed the acquisition of Whiplash, a provider of omnichannel fulfillment and logistics services, for $480m. “The acquisition of Whiplash is consistent with our strategy to accelerate growth in our higher-return supply chain business. It also expands our e-commerce and omnichannel fulfillment network and reflects our continued focus on technology and innovation," Robert Sanchez, Ryder Chairman and CEO.

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