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New Deal


Announced

Echo Global Logistics to acquire Fastmore 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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Friendly

Private

United States

Single Bidder

supply chain management

logistics

Majority

Pending

Third Party Logistics (3PL)

Acquisition

Domestic

Synopsis

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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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