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New Deal


Announced

Completed

Sun Capital completed the acquisition of Total Transportation Services.

Financials

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

Tags

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United States

Majority

Domestic

logistic services

Acquisition

Third Party Logistics (3PL)

Private

Completed

Single Bidder

Friendly

Private Equity

Synopsis

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Sun Capital, a private investment firm, completed the acquisition of Total Transportation Services, a provider of logistic services. Financial terms were not disclosed. “We look forward to working with the team at Sun Capital to accelerate our growth plan and put in place an operational framework to build on our leadership position at a very exciting time for the industry. With the resources and experience that Sun Capital has in this industry, we are poised to capitalize on the increasing focus on transportation and distribution, with customers increasingly viewing the relationship with their drayage provider as mission-critical. We were also attracted to Sun Capital’s successful history of working with founder-owned businesses," Vic La Rosa, Total Transportation Services CEO.

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