Radiant Logistics Acquires Foundation Logistics & Services

September 4, 2024

Radiant Logistics, Inc. (NYSE American: RLGT) has acquired Foundation Logistics & Services, LLC, a Humble, Texas-based provider of specialized transportation and logistics services to the oil and gas industry, effective September 1, 2024. The founders will remain in leadership and the deal includes contingent consideration payable based on future performance, with an expected brand transition to Radiant in 2025.

Buyers
Radiant Logistics, Inc.
Targets
Foundation Logistics & Services, LLC
Sellers
Foundation Logistics & Services, LLC (founders Larry Earley and Cindy Jones)
Location
Texas, United States
Transaction Type
Buyout

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