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Announced

Completed

Gamut Capital-backed PS Logistics completed the acquisition of Action Dedicated.

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

Completed

Single Bidder

transportation

Transportation Services

chemical transportation

United States

Acquisition

Domestic

Majority

Friendly

environmental services

Private Equity

Synopsis

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Gamut Capital-backed PS Logistics, a full-service logistics company, providing solutions such as asset transportation, brokerage, 3PL, and supply chain services, completed the acquisition of Action Dedicated, a provider of dedicated transportation in the southeastern United States. Financial terms were not disclosed. “We are proud to welcome Action Dedicated to the PS Logistics family. We look forward to working with their strong leadership team and upstanding drivers, while also continuing to deliver best-in-class service to its customers,” Scott Smith, PS Logistics Chief Executive Officer, and Co-Founder.

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