Logistics & Distribution Acquisitions in 2013
Showing 1 transactions.
-
October 4, 2013
- Buyer
- Radiant Logistics, Inc.
- Target
- On Time Express, Inc.
- Industry
- Logistics & Distribution
- Location
- Arizona, United States
- Type
- Buyout
Radiant Logistics, Inc. (NYSE MKT: RLGT) has acquired Phoenix-based On Time Express, Inc., a privately held provider of dedicated line-haul and time-critical domestic and international logistics solutions. The deal has an aggregate base purchase price of $20.0 million with additional performance-based earnouts; On Time Express will operate as a subsidiary of Radiant Transportation Services and provide capacity to Radiant's 90+ location network.
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