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New Deal


Announced

Echo Global Logistics to acquire Roadtex Transportation.

Financials

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

Tags

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Domestic

Third Party Logistics (3PL)

Acquisition

supply chain solutions

Private

Majority

United States

Friendly

Single Bidder

Pending

Synopsis

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Echo Global Logistics, a provider of technology-enabled transportation and supply chain management services, agreed to acquire Roadtex Transportation, a provider of integrated temperature-controlled supply chain solutions. Financial terms were not disclosed. "We've been following Roadtex and are very impressed with their capabilities. With this transaction, Echo not only adds a national warehouse footprint but also broadens its temperature-controlled service offerings and customer base," Doug Waggoner, Echo CEO.

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