Worldwide Express completed the acquisition of JEAR Logistics.

Synopsis

Worldwide Express, a US-based logistics company specializing in parcel and freight shipping solutions, completed the acquisition of JEAR Logistics, a US-based freight brokerage company specializing in full truckload transportation services. Financial terms were not disclosed.

Principals

target

Jear Logistics

bidder

Worldwide Express

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Market Context

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Seller Team (1)

mark neumeyer

President and CEO at JEAR LOGISTICS

Manager

target

Deal

n/a

Total Value

Bidder Team (3)

tom madine

CEO at WORLDWIDE EXPRESS LLC

Manager

bidder

Deals

£ 3.02 B

Total Value

paul kukish

Partner at Latham & Watkins

Lawyer

bidder

Deals

£ 37.69 B

Total Value

matthew villar

Partner at Latham & Watkins

Lawyer

bidder

Deals

£ 8.52 B

Total Value

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