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
- Industry
- Logistics & Distribution
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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