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New Deal


Announced

Completed

Ascend completed the acquisition of Fuchs Trucking.

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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Private

Acquisition

Single Bidder

Delivery Services

Majority

United States

Domestic

Completed

trucking company

logistics

Friendly

Synopsis

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Ascend, a service provider of logistics services, completed the acquisition of Fuchs Trucking, a full service trucking and logistics company. Financial terms were not disclosed. “We are excited to combine forces with Ascend and build on our company’s excellent track record for service. Together we will be best able to serve the rising complexity of our customers’ supply chains. We look forward to growing together with Ascend and creating additional jobs in the Sauk City. Additionally, we will benefit by combining with Ascend to expand our capabilities and improve our buying power, boosting our competitiveness in the regional truckload market,” Jay Doescher, Fuchs President.

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