Cheetah Net Supply Chain Service Inc. Acquires Edward Transit Express Group Inc.
January 30, 2024
Cheetah Net Supply Chain Service Inc. (Nasdaq: CTNT) signed a definitive agreement to acquire Edward Transit Express Group Inc., a California-based non-vessel operating common carrier specializing in ocean and air consolidation and warehousing. The deal includes $300,000 in cash plus share consideration valued at approximately $1.2 million, will give Cheetah 100% ownership, and is expected to close within 20 calendar days; Cheetah said the acquisition will reduce operating overhead and enable it to offer logistics and warehousing services to third-party parallel-import dealers.
- Buyers
- Cheetah Net Supply Chain Service Inc.
- Targets
- Edward Transit Express Group Inc.
- Industry
- Logistics & Distribution
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
MercuryGate Acquires Cheetah Software Systems
April 6, 2021
Transportation
MercuryGate International acquired Cheetah Software Systems to extend its transportation management system (TMS) with last-mile, parcel, LTL and enhanced fleet management and dynamic routing capabilities. The deal integrates Cheetah's live, adaptive logistics optimization into MercuryGate's multi-modal TMS to provide real-time visibility and autonomous route re-optimization for shippers, carriers and private fleets. Terms were not disclosed.
-
Nationwide Transport Services Acquires ContainerTransport.com
September 8, 2024
Logistics & Distribution
Nationwide Transport Services LLC (NTS), a Fort Lauderdale–based 3PL provider, has acquired the 25-year-old container shipping brand ContainerTransport.com. The deal adds container drayage and global container shipping capabilities to NTS's portfolio, strengthens its presence near JAXPORT (Jacksonville), and expands service offerings across the United States, Canada and internationally.
-
Neace Ventures Acquires J&J Transportation Consultants and Thoroughbred Transportation
March 27, 2025
Logistics & Distribution
Neace Ventures announced the acquisition of J&J Transportation Consultants and Thoroughbred Transportation, adding cross-docking, warehousing, and multi-stop shipment capabilities to its Talon Logistics platform. The deals expand capacity (by ~40%), increase contracted carriers (by ~30%), and strengthen Talon Logistics' presence in the Southeast and Indianapolis markets.
-
Descartes Systems Group Acquires NetCHB
February 10, 2022
Logistics & Distribution
Descartes Systems Group acquired NetCHB, a Tucson-based provider of cloud-based customs filing solutions used by U.S. customs brokers and forwarders. The deal included $40 million in up-front cash plus up to $60 million of performance-based earn-out consideration and strengthens Descartes' customs-filing and e-commerce regulatory capabilities for its Global Logistics Network.
-
Advantage Distribution Holdings Acquires CTC Supply
March 31, 2025
HVAC & Mechanical
Advantage Distribution Holdings (ADH), the HVAC distribution platform backed by Tigertail Capital Partners, has acquired CTC Supply, a Fayetteville, North Carolina-based distributor of HVAC equipment, parts and supplies operating four locations across coastal North Carolina. The transaction brings the Sutton family into a partnership with ADH and names Clay Holder as ADH CEO as the platform pursues further M&A and regional expansion.
-
Tenstorrent Acquires Blue Cheetah Analog Design
July 1, 2025
AI & Machine Learning
Tenstorrent has acquired Blue Cheetah Analog Design, a start-up that provides analog mixed-signal die-to-die interconnect IP used in chiplet-based products. The acquisition brings Blue Cheetah's interconnect IP and engineering team in-house to accelerate Tenstorrent's chiplet roadmap and support its open chiplet ecosystem for AI and RISC-V solutions.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.