Ascend Acquires Dedicated Transportation Solutions (DTS)
January 25, 2022
Ascend LLC, a dry-van full truckload carrier backed by Wellspring Capital Management, has acquired Dedicated Transportation Solutions (DTS), a Greenville, South Carolina-based dedicated contract carriage and trucking operator. The transaction expands Ascend’s dedicated contract carriage business and increases its southeastern U.S. footprint and network density across the South, Mid-Atlantic and Midwest.
- Buyers
- Ascend LLC
- Targets
- Dedicated Transportation Solutions (DTS)
- Sellers
- Scott Stowers (president and founder of DTS)
- Platforms
- Ascend LLC
- Industry
- Transportation
- Location
- South Carolina, United States
- Transaction Type
- Addon
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