The Jordan Company Affiliate Acquires Echo Global Logistics
November 23, 2021
An affiliate of private equity firm The Jordan Company completed the acquisition of Echo Global Logistics, Inc. for $48.25 per share in cash, taking the Chicago-based logistics provider private and suspending its Nasdaq trading. The Jordan Company said it will partner with Echo’s management to invest in the company’s technology and accelerate its long-term growth strategy.
- Buyers
- The Jordan Company, L.P. (affiliate)
- Targets
- Echo Global Logistics, Inc.
- Industry
- Logistics & Distribution
- Location
- Illinois, United States
- Transaction Type
- Buyout
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