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New Deal


Announced

Completed

ATL Partners-backed Rock-it Cargo completed the acquisition of SOS Global from NEP Group.

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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logistics company

Freight Forwarding

United States

Acquisition

Cross Border

Private

Majority

Completed

Friendly

Single Bidder

Private Equity

Synopsis

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ATL Partners-backed Rock-it Cargo, a global critical logistics company, completed the acquisition of SOS Global, a freight forwarder, from NEP Group, a production company that provides outsourced teleproduction services for major events throughout the world. Financial terms were not disclosed. “Today we bring together two trusted brands with a combined 83 years of experience. For 38 years, customers have known they can ‘SOS’ their most valuable goods via a 24/7/365 operational hub. SOS’s legacy will be strengthened as part of Rock-it Cargo, with expanded services and global access via our unrivaled network. I have been thrilled to get to know Ed Reno and the SOS team, and I cannot wait to grow our business and serve our customers better together. The breadth, depth and skills of Rock-it and SOS is unparalleled in global live performance touring and live sporting events," Daniel Rosenthal, GCL President and CEO.

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