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Announced

EQT to acquire Lazer Logistics from Harvest Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Cross Border

Pending

Trucking

Private Equity

Acquisition

yard management services

United States

Private

Single Bidder

Majority

Synopsis

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EQT, a global investment organization, agreed to acquire Lazer Logistics, a provider of outsourced yard management and trailer spotting services, from Harvest Partners, a private equity investment firm. Financial terms were not disclosed. "We have followed the progress of the Company for several years and have been impressed by management's track record of exceptional customer service, year-over-year growth, and leadership in areas like electrification and data analytics. We are excited to support management and the Company through its next phase of growth and believe EQT's significant experience in the sector and expertise in electrification and digitalization will be highly complementary to what is already an exceptional platform," Crosby Cook, EQT Partner.

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