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Announced

Completed

KAG completed the acquisition of Carbon Express.

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

Domestic

United States

transportation company

Third Party Logistics (3PL)

Single Bidder

Friendly

Completed

Acquisition

Private

Synopsis

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KAG, a tank truck transporter and logistics provider, completed the acquisition of Carbon Express, a company that transports liquid bulk products. Financial terms were not disclosed. "We believe in serving our customers first and foremost. We've been committed to building a strong and positive reputation with our customers and our employees for many years. By joining KAG, we believe we are remaining true to this commitment and are excited about the future potential going forward," Steve Rush, Carbon Express Executive Chairman and Founder.

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