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New Deal


Announced

Completed

Novacap-backed GTI Transport to acquire Foxconn Logistics.

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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Majority

trucking company

Cross Border

Private Equity

Single Bidder

Private

Acquisition

United States

warehousing

Friendly

Third Party Logistics (3PL)

Completed

Synopsis

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Novacap-backed GTI Transport Solutions, a trucking and asset-backed freight brokerage services provider, agreed to acquire Foxconn Logistics, a provider of supply chain services. Financial terms were not disclosed. ''The intricacies of container and transportation management can be complex for our clients. Foxconn's integration into GTI USA enhances our managed transportation services offering and provides increased value to customers," Kent Jordan, GTI President.

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