TFI International Acquires Daseke for Approximately $1.1 Billion
December 22, 2023
TFI International completed its previously announced all-cash acquisition of Daseke, Inc. for $8.30 per share, valuing the transaction at approximately $1.1 billion. The deal closed in early April 2024 and Daseke will operate as part of TFI's Truckload segment; TFI also closed a $500 million term loan to support the transaction.
- Buyers
- TFI International Inc.
- Targets
- Daseke, Inc.
- Sellers
- Daseke common stockholders
- Industry
- Transportation
- Location
- Texas, United States
- Transaction Type
- Buyout
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