Transportation Add-on Acquisitions in 2021
Acquisition Volume in Transportation Add-on in 2021 by Year
Last 5 years
-
- Buyer
- XLerate Group, Brightstar Capital Partners
- Target
- America's Auto Auction (AAA), Auction Credit Enterprises (ACE)
- Seller
- Trinity Hunt Partners, Affiliated co-investors
- Industry
- Transportation
- Location
- Texas, United States
- Type
- Addon
XLerate Group, backed by Brightstar Capital Partners, has completed the acquisition of America's Auto Auction (AAA) and affiliated financier Auction Credit Enterprises (ACE) from Trinity Hunt Partners and its co-investors. The deal, closed December 30, 2021 for undisclosed terms, combines physical and digital remarketing capabilities and financing services to create a larger nationwide vehicle remarketing platform operating across roughly 39 auction sites in 19 states.
-
December 15, 2021
- Buyer
- SIB Fixed Cost Reduction, O2 Investment Partners
- Target
- Shipware
- Industry
- Transportation
- Location
- California, United States
- Type
- Addon
SIB Fixed Cost Reduction has made a strategic add-on investment in Shipware, acquiring the transportation spend management and invoice-audit provider to expand SIB’s shipping and logistics cost-reduction capabilities. The transaction was announced by O2 Investment Partners (SIB’s sponsor) and supported by financial partners including Tree Line Capital Partners, Stellus Capital Management, Capital Southwest, and LBC Small Cap.
-
- Buyer
- American Pacific Group (affiliate)
- Target
- Interwest Distribution Company
- Seller
- Hugh Bernardi Jr.
- Industry
- Transportation
- Location
- Colorado, United States
- Type
- Addon
An affiliate of American Pacific Group (APG) has acquired Interwest Distribution Company, a Denver-based regional distributor of 3M-branded automotive and building films. Interwest will be combined with APG portfolio company Fellers, Inc. as a platform consolidation to expand distribution capabilities across automotive and architectural end markets.
-
December 2, 2021
- Buyer
- Quantix SCS, Wind Point Partners
- Target
- Delaware Express Co.
- Seller
- Delaware Express family owners
- Industry
- Transportation
- Location
- Maryland, United States
- Type
- Addon
Quantix SCS, a portfolio company of Wind Point Partners, has acquired Delaware Express Co., a family-owned regional provider of dry and liquid bulk trucking headquartered in Elkton, Maryland. The add-on expands Quantix's specialized fleet and strengthens its Mid‑Atlantic footprint and dry/liquid bulk capabilities; terms were not disclosed.
-
December 1, 2021
- Buyer
- SDS Rx, HCI Equity Partners, Patriot Capital
- Target
- Mission Critical Delivery Solutions
- Industry
- Transportation
- Location
- Maine, United States
- Type
- Addon
SDS Rx, a last-mile healthcare logistics platform backed by HCI Equity Partners, acquired Mission Critical Delivery Solutions, a non-asset-based logistics management company based in Bangor, Maine. Patriot Capital provided subordinated debt and an equity co-investment to support the add-on acquisition, which expands SDS Rx’s geographic coverage and route density in the long-term care pharmacy market.
-
November 29, 2021
- Buyer
- Transportation Insight Holding Company, Gryphon Investors
- Target
- SwanLeap, Inc.
- Industry
- Transportation
- Location
- Wisconsin, United States
- Type
- Addon
Transportation Insight Holding Company (TI HoldCo), a Gryphon Investors-backed logistics platform, has acquired SwanLeap, a Madison-based transportation management software (TMS) provider. The deal integrates SwanLeap's multimodal TMS and analytics into TI HoldCo's brokerage, managed transportation and parcel solutions to create a single, multimodal execution and visibility platform.
-
November 23, 2021
- Buyer
- AddSecure, Castik Capital
- Target
- LOSTnFOUND AG
- Industry
- Transportation
- Location
- Schwyz, Switzerland
- Type
- Addon
AddSecure, a Stockholm-based provider of secure IoT connectivity and majority-owned by funds managed by Castik Capital, has acquired Swiss telematics and fleet management provider LOSTnFOUND (fleet.tech). The deal expands AddSecure's footprint into Switzerland and Austria, strengthens its transport and logistics offering in the DACH region, and adds complementary telematics, tracking and sales/marketing capabilities to the group.
-
- Buyer
- QuickBox Fulfillment, Pike Street Capital
- Target
- Swan Packaging Fulfillment
- Seller
- Tim Werkley
- Industry
- Transportation
- Location
- New Jersey, United States
- Type
- Addon
QuickBox Fulfillment, a Pike Street Capital portfolio company, has acquired Swan Packaging Fulfillment, a Wayne, New Jersey-based provider of fulfillment, packaging and Amazon support services. Pike Street Capital provided additional capital to support the transaction and Swan owner Tim Werkley will join the combined executive team. The acquisition expands QuickBox's east‑coast footprint, increases shipping locations and value‑added services, and aims to accelerate growth through expanded technology and staffing.
-
October 18, 2021
- Buyer
- TransForce Group, Palladium Equity Partners, LLC
- Target
- United States Truck Driving School (USTDS)
- Seller
- Richard Lammers (Owner and CEO of United States Truck Driving School)
- Industry
- Transportation
- Location
- Colorado, United States
- Type
- Addon
TransForce Group, majority owned by an affiliate of Palladium Equity Partners, acquired United States Truck Driving School (USTDS) in Denver and Colorado Springs, Colorado, with the sale finalized October 18, 2021. USTDS will retain its name and become part of The CDL School (a TransForce Group company), expanding TransForce's CDL training footprint and veteran placement programs as an add-on under Palladium's ownership.
-
October 7, 2021
- Buyer
- Dickinson Fleet Services, Cox Automotive
- Target
- Mobile Fleetcare
- Seller
- Wayne Johnson
- Industry
- Transportation
- Location
- California, United States
- Type
- Addon
Dickinson Fleet Services, a Cox Automotive brand, has acquired Mobile Fleetcare, a San Francisco Bay Area provider of mobile fleet maintenance. The acquisition is an add-on to expand Dickinson's geographic presence and mobile maintenance capabilities across Northern California.
-
August 17, 2021
- Buyer
- FleetPride, Inc.
- Target
- National Truck Repair
- Industry
- Transportation
- Location
- Texas, United States
- Type
- Addon
FleetPride, Inc. acquired the assets of National Truck Repair in Longview, Texas. The deal expands FleetPride's service footprint in East Texas and retains Justin Head as service manager while integrating the location with support from FleetPride's nearby Kilgore branch.
-
August 3, 2021
- Buyer
- ServiceMaster Brands
- Target
- TWO MEN AND A TRUCK/International, Inc.
- Industry
- Transportation
- Location
- Michigan, United States
- Type
- Addon
ServiceMaster Brands, a Roark-backed multi-brand residential and commercial services platform, has completed its acquisition of TWO MEN AND A TRUCK/International, Inc., the franchised moving and relocation company headquartered in Lansing, Michigan. The acquisition adds a high-growth franchise moving brand to ServiceMaster's portfolio and keeps TWO MEN AND A TRUCK's leadership and home office in Lansing while creating cross-brand capabilities and charitable commitments.
-
July 30, 2021
- Buyer
- A&R Logistics, Wind Point Partners
- Target
- RJ's Transportation
- Seller
- Riley James ("RJ") Blanchet
- Industry
- Transportation
- Location
- Louisiana, United States
- Type
- Addon
A&R Logistics, a portfolio company of Wind Point Partners, has acquired RJ's Transportation, a Port Allen, Louisiana-based provider of bulk liquid transportation and related trucking services. The add-on strengthens A&R's liquid chemical platform and expands its Gulf Coast geographic coverage while RJ's founder and president will remain involved in the combined business.
-
- Buyer
- Universal Group, CAI Capital Partners, BDC Capital, Roynat Equity Partners, Frind Enterprises
- Target
- Beacon Lite (Ottawa) Ltd., Signebec
- Industry
- Transportation
- Location
- Ontario, Canada
- Type
- Addon
Universal Group, a portfolio company of CAI Capital Partners, has completed the strategic add-on acquisition of Beacon Lite (Ottawa) Ltd. and Signebec to expand its geographic footprint and create a national platform for traffic control services. CAI’s equity co-investors in the combined organization include BDC Capital, Roynat Equity Partners and Frind Enterprises; debt financing was provided by BMO, CIBC and Scotiabank. Beacon Lite’s leadership (Luc and Simon Lemay) will continue to lead the business and become shareholders of the combined organization.
-
July 13, 2021
- Buyer
- DTM, Palatine Private Equity
- Target
- TyreWatch
- Industry
- Transportation
- Location
- Hampshire, United Kingdom
- Type
- Addon
Skelmersdale-headquartered tyre management specialist DTM, which is backed by Palatine Private Equity, has acquired Basingstoke-based TyreWatch, a provider of real-time tyre monitoring technology for HGVs and public service vehicles. The deal adds TyreWatch's digital tyre monitoring and TrailerSmart technology to DTM's offering, strengthening its tyre-management capabilities and supporting fleet safety, efficiency and decarbonisation goals.
-
June 22, 2021
- Buyer
- ASG, Alpine Investors
- Target
- Trucker Tools
- Industry
- Transportation
- Location
- Virginia, United States
- Type
- Addon
ASG, a portfolio company of Alpine Investors, has acquired Trucker Tools, a Reston-based provider of digital freight management and driver mobile app solutions. The acquisition expands ASG's vertical SaaS footprint in transportation by adding Trucker Tools' predictive freight-matching, visibility and automated booking capabilities and customer base of brokers, 3PLs and owner-operators.
-
May 26, 2021
- Buyer
- 48forty Solutions, Audax Private Equity
- Target
- Prime360
- Industry
- Transportation
- Location
- Illinois, United States
- Type
- Addon
48forty Solutions, a portfolio company of Audax Private Equity, has acquired Prime360, a Schaumburg, Illinois-based provider of pallet management and brokerage services. The add-on expands 48forty’s national pallet management and logistics capabilities, combining Prime360’s retail-focused services and brokerage relationships with 48forty’s existing network to grow their service offering and footprint.
-
May 4, 2021
- Buyer
- Dantaxi 4x48 (Dantaxi), Triton (Triton Smaller Mid Cap / Triton Partners)
- Target
- HB-Care
- Industry
- Transportation
- Location
- Denmark
- Type
- Addon
Dantaxi 4x48, a Triton Smaller Mid Cap portfolio company, has signed an agreement to acquire HB-Care, Denmark's leading provider of specialized transport services for children with special needs, citizens with disabilities and the elderly. HB-Care operates more than 450 customized buses on long-term contracts with municipalities and traffic agencies; terms were not disclosed.
-
March 9, 2021
- Buyer
- Sunset Pacific Transportation, Inc., Granite Creek Capital Partners, L.L.C., Red Arts Capital, RAC Sunset, Inc.
- Target
- Radius Global Solutions, Inc. (Radius Logistics)
- Industry
- Transportation
- Location
- British Columbia, Canada
- Type
- Addon
Sunset Pacific Transportation, a Granite Creek Capital Partners portfolio company, has acquired Canada-based Radius Global Solutions (doing business as Radius Logistics), expanding Sunset Pacific's footprint into British Columbia and strengthening its cross-border warehousing and logistics capabilities. Granite Creek and partner Red Arts Capital will integrate Radius into the RAC Sunset holding structure to create an integrated, asset-light North American logistics platform.
-
March 2, 2021
- Buyer
- Safe Fleet
- Target
- Durite
- Industry
- Transportation
- Location
- Essex, United Kingdom
- Type
- Addon
Safe Fleet, a portfolio company of Oak Hill Capital Partners, has acquired Durite, a leading UK brand for electrical, lighting, and vehicle safety aftermarket products for commercial vehicles. The acquisition gives Safe Fleet its first footprint outside North America and expands its European commercial vehicle product and distribution presence.
-
February 12, 2021
- Buyer
- Marlin Equity Partners, Francisco Partners
- Target
- Consignor, Unifaun
- Industry
- Transportation
- Location
- Norway
- Type
- Addon
Marlin Equity Partners acquired Oslo-based Consignor and merged it with its existing portfolio company Unifaun, creating a combined global provider of cloud Transport Administration Systems (TAS). Francisco Partners partnered with Marlin as an equal shareholder in the combined business to bring together complementary SaaS offerings, accelerate product innovation, and expand geographic reach across ecommerce and logistics end markets.
-
February 8, 2021
- Buyer
- American Track, Hilltop Private Capital LLC
- Target
- Dirtworks Rail of the Carolinas (HGNS Inc)
- Seller
- Mark Snyder
- Industry
- Transportation
- Location
- North Carolina, United States
- Type
- Addon
Fort Worth-based American Track, a portfolio company of Hilltop Private Capital, has acquired Dirtworks Rail of the Carolinas (HGNS Inc), a Lexington, North Carolina-based rail construction and maintenance contractor. The asset purchase expands American Track's footprint and capabilities in the Southeastern United States as part of its ongoing build-out through add-on acquisitions.
-
February 2, 2021
- Buyer
- Vitu, Accel-KKR
- Target
- TitleNGo
- Industry
- Transportation
- Location
- Pennsylvania, United States
- Type
- Addon
Vitu, a nationwide vehicle titling and registration technology provider backed by Accel-KKR, acquired Pennsylvania-based TitleNGo on February 2, 2021. The acquisition integrates TitleNGo's PennDOT Online Registration Program Partner expertise and staff into Vitu to expand Pennsylvania operations and accelerate rollout of Vitu's electronic registration and titling (ERT) capabilities for dealerships and PennDOT.
-
February 2, 2021
- Buyer
- Southern Towing Company, CC Industries
- Target
- Devall Towing
- Seller
- Devall family
- Industry
- Transportation
- Location
- Louisiana, United States
- Type
- Addon
Southern Towing Company, an affiliate of CC Industries, has acquired Devall Towing from the Devall family. Devall — a Sulphur, Louisiana–based towboat and barge operator focused on specialty chemicals with a fleet of 36 towboats and 125 liquid tank barges — will operate as a new division of Southern Towing, with existing management remaining in place.
-
January 7, 2021
- Buyer
- All Traffic Data Services, LLC, Seaport Capital
- Target
- Traffic Research & Analysis, Inc., Intellisite Traffic Systems, LLC
- Industry
- Transportation
- Location
- Arizona, United States
- Type
- Addon
All Traffic Data Services (an operating company backed by Seaport Capital) has acquired Traffic Research & Analysis, Inc. and Intellisite Traffic Systems, LLC, two Phoenix-based traffic data collection and analysis firms. The deal expands ATD’s Southwest footprint, adds Intellisite’s retail intelligence capabilities, and brings TRA’s founders into advisory roles to support regional and capability expansion.
-
- Buyer
- Appalachian Railcar Services, Cathcart Rail, Star America Infrastructure Partners
- Target
- Amarillo railcar repair facility (Progress Rail)
- Seller
- Progress Rail (a Caterpillar company)
- Industry
- Transportation
- Location
- Texas, United States
- Type
- Addon
Appalachian Railcar Services (ARS), a wholly owned subsidiary of Cathcart Rail, acquired Progress Rail’s Amarillo, Texas railcar repair facility. The acquisition, financed by Star America Infrastructure Partners, expands ARS’s national tank- and freight-car repair network and reinforces its ability to serve customers on the UP and BNSF networks.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.