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Announced

Completed

Stellex Capital Management and Mill Rock Capital-backed Grammer completed the acquisition of Logistics Management Resources.

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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transportation management

Domestic

Acquisition

Majority

United States

Private

Completed

industrial transportation

Private Equity

Industrial Distribution

Friendly

Single Bidder

industrial logistics

Synopsis

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Stellex Capital Management and Mill Rock Capital-backed Grammer, a chemicals, industrial gases, and hazardous materials transportation and logistics firm, completed the acquisition of Logistics Management Resources, a provider of quality transportation management solutions to the chemicals, industrial gases, and related industries. Financial terms were not disclosed. "LMR is a highly-respected leader in the chemicals logistics market. We are thrilled to welcome their team into the Grammer family. This acquisition supports our strategy of providing a diversified offering of both asset and non-asset services to our growing customer base. We believe this integrated approach is the future of chemicals logistics," Scott Dobak, Grammer CEO.

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