Radiant Logistics Acquires Navegate, Inc.

December 6, 2021

Radiant Logistics, Inc. (NYSE American: RLGT) acquired all outstanding stock of Navegate, Inc., a Mendota Heights, Minnesota-based technology-enabled logistics and supply chain management company, in a transaction that closed December 3, 2021. The deal (reported at $35 million) expands Radiant's international services footprint—including customs brokerage, ocean forwarding and drayage—and adds Navegate's cloud-based global trade management platform to Radiant's network.

Buyers
Radiant Logistics, Inc.
Targets
Navegate, Inc.
Sellers
Navegate's owners
Location
Minnesota, United States
Transaction Type
Buyout

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