Announced
Financials
Tags
Friendly
Private
United States
Single Bidder
supply chain management
logistics
Majority
Pending
Third Party Logistics (3PL)
Acquisition
Domestic
Synopsis
Echo Global Logistics, a technology-enabled transportation and supply chain management services provider, agreed to acquire Fastmore Logistics, a transportation broker. Financial terms were not disclosed. "We're excited to continue investing in industry growth opportunities, especially since going private with the Jordan Company almost one year ago. This transaction allows us to expand into a new target market and build on Fastmore's success," Doug Waggoner, Echo CEO.
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