Werner Enterprises Acquires 80% Stake in ECM Transport Group

Werner Enterprises Acquires NEHDS Logistics, LLC

November 29, 2021

Transportation

Werner Enterprises acquired NEHDS Logistics, LLC, a Monroe, Connecticut-based final mile carrier, for $64 million (including a $4 million earnout). The acquisition expands Werner's final mile and big-and-bulky delivery capabilities across the Northeast and Midwest, integrating NEHDS's fleet, facilities and management into Werner's nationwide network.

Werner Enterprises Acquires FirstFleet, Inc.

January 28, 2026

Transportation

Werner Enterprises (Nasdaq: WERN) acquired privately held First Enterprises, Inc. ("FirstFleet"), a Murfreesboro, Tennessee–based dedicated trucking company, for approximately $245 million in cash plus a separate purchase of real estate (total consideration ~ $282.8 million). The deal adds ~2,400 tractors and 11,000 trailers to Werner, makes it the fifth-largest dedicated carrier in North America, is expected to be immediately accretive to EPS and to yield about $18 million of annual synergies while retaining most FirstFleet management and its Tennessee headquarters.

Equity Group Investments Makes Growth Investment in Paper Transport

July 20, 2021

Transportation

Sam Zell’s private investment firm Equity Group Investments (EGI) has invested in Paper Transport, a Wisconsin-based for-hire truckload carrier. The partnership provides growth capital and strategic support while Paper Transport’s senior management remain in place and retain an ownership stake; proceeds will be used to pursue add-on acquisitions, expand brokerage and intermodal capabilities, and accelerate geographic growth.

EMCOR Group Acquires ECM Holding Group

July 5, 2023

Energy

EMCOR Group, Inc. has agreed to acquire ECM Holding Group, Inc., a national energy-efficiency specialty services firm headquartered in Oshkosh, Wisconsin, in an all-cash transaction. The acquisition expands EMCOR's energy efficiency and sustainability services capabilities, adding ECM's HVAC, lighting, water, weatherization and airflow management offerings (ECM had estimated 2023 revenues of $60 million).

MidAtlantic Engineering Partners Acquires ECM Engineers, Inc.

February 23, 2022

Professional Services

MidAtlantic Engineering Partners, LLC has acquired ECM Engineers, Inc., a specialist in underwater bridge inspections, structural evaluations, and design for waterfront structures. The acquisition integrates ECM’s diving and underwater-structure expertise into MidAtlantic’s civil, environmental, and marine engineering platform to broaden capabilities for regional port, bridge and waterfront clients.

nVent Electric plc Acquires ECM Industries from Sentinel Capital Partners for $1.1B

May 18, 2023

Manufacturing

nVent Electric plc agreed to acquire ECM Investors, LLC (parent of ECM Industries) from Sentinel Capital Partners for $1.1 billion, subject to customary adjustments. ECM, a New Berlin, Wisconsin-based manufacturer of electrical connectors, tools, test instruments and cable management with ~1,400 employees, will operate within nVent's Electrical and Fastening Solutions segment to expand nVent's product offering and address high-growth verticals.