Logistics & Distribution Acquisitions in California

Tenet has acquired Pallet’s Transportation Management System (TMS) business and used the technology to launch a unified operating system for cartage, courier, and expedited carriers. Pallet shifted its focus to AI agents for logistics and divested the TMS business to Tenet, which will integrate dispatch, warehouse, driver app, invoicing and line-haul capabilities into its platform.

Diligent Robotics has acquired Serve Robotics for an undisclosed amount, bringing Serve's autonomous last-mile delivery technology into Diligent's portfolio. The deal is intended to expand Diligent's capabilities in autonomous mobile robotics and accelerate deployment of delivery solutions across new end markets.

SeaCube Cold Solutions, backed by SeaCube Container Leasing, has acquired Martin Container to strengthen SeaCube's West Coast presence and expand its national portable cold storage network. The deal integrates Martin's near-50-year regional operations and customer relationships into SeaCube's depot and transportation platform, improving delivery speed, capacity, and digital monitoring capabilities for refrigerated storage customers.

Stord has closed its acquisition of Shipwire, a CEVA Logistics subsidiary, in a deal that adds 12 fulfillment locations, expands Stord's presence in the EU and U.K., and brings Shipwire's technology and AI-enabled capabilities into Stord's ecosystem. The transaction (closed Jan. 1) is intended to deepen Stord's software capabilities, accelerate AI initiatives, and strengthen access to CEVA's global logistics network; financial terms were not disclosed.

Rev Delivery, a founder-led hyperlocal campus delivery operator, has acquired YC-backed Duffl, combining Duffl's early scale, brand and data with Rev's rapid growth and operating team. The deal unifies two campus-focused delivery networks to accelerate expansion of licensed, student-run delivery hubs and compound operational learnings across hundreds of planned new stores.

Ingka Investments, the investment arm of Ingka Group (IKEA's largest retailer), has acquired Locus, an AI-powered logistics technology company headquartered in the United States. The purchase brings Locus's route-optimization, real-time tracking and TMS capabilities in-house to strengthen IKEA's home delivery, capacity management and last-mile execution while allowing Locus to remain operationally independent and continue serving other enterprise customers.

Echo Global Logistics has acquired FreightSaver, a Huntington Beach–based third-party logistics (3PL) provider that offers freight brokerage, managed transportation, and tech-enabled freight solutions. The acquisition expands Echo's managed transportation capabilities and geographic footprint across North America; terms were not disclosed.

FirstMile, ACI Logistix and Sendle have merged to operate as a unified holding company called FAST Group, with the transaction backed by an investment from Federation Asset Management. The combination creates an integrated logistics ecosystem—headquartered in California—that combines FirstMile's first-mile pickup network, ACI Logistix's enterprise-grade sortation and distribution capabilities, and Sendle's tech-enabled parcel services for small businesses and international markets.

T. Parker Host has acquired Transmarine Navigation Corporation, combining two leading U.S. ship agencies to create the nation's largest tramp ship agency and expanding HOST's footprint into the Pacific Coast and Hawaii. The deal brings Transmarine’s long-standing West Coast and Hawaii operations under HOST’s national infrastructure, technology and terminal capabilities to enhance service offerings and geographic coverage.

Montway Auto Transport announced it has added Angels Moving Autos, a woman‑owned luxury vehicle transport brokerage founded in 2003, to its brand portfolio. Angels Moving Autos' founder Dina Gifford will remain with the business as General Manager as Montway expands its capacity and luxury vehicle shipping offerings.

Solvent Direct, a national distributor of high-purity solvents and lab supplies, has acquired Hydro Extract Express to expand its distribution and logistics footprint across Southern California, Nevada, and Arizona. The deal adds same-day/next-day delivery routes, an Adelanto technology and showroom facility, and a seasoned regional team to strengthen Solvent Direct's service and technical support for extraction customers in the Southwest.

Radiant Logistics, Inc. has acquired Transcon Shipping Co., Inc., a California-based ocean and air freight forwarder, to strengthen Radiant's international capabilities in key gateway markets. The transaction will integrate Transcon's operations into Radiant's network (transitioning to the Radiant brand during 2025) and retains Transcon leadership in a network development role.

Cart.com has acquired OceanX, the wholly-owned fulfillment operations arm of Guthy‑Renker, adding approximately 200 employees and two facilities (over 600,000 sq ft) to its network. The deal deepens Cart.com’s tech-enabled logistics and fulfillment capabilities for beauty, health and wellness brands and brings Bill Guthy on as a strategic advisor.

UOVO has acquired Vino Vault, adding the latter's wine storage facilities in Los Angeles, Port Chester (NY), Dallas, Houston, and Denver to UOVO's portfolio. The deal, supported by Vino Vault shareholder Manhattan West, expands UOVO Wine's geographic footprint and service capacity for wine collectors across the United States.

Lynxis LLC, a provider of landside logistics and port orchestration solutions, has acquired TEDIVO LLC, the developer of BAPLIE Viewer Online and other maritime stowage planning tools. The acquisition expands Lynxis' digital offerings for terminal operators and shipping lines by adding TEDIVO's stowage visualization, vessel definition and validation capabilities.

Imperial Dade has acquired California Janitorial Supply Corp. (CalJan), a San Jose-based janitorial supplies distributor founded in 1985. The acquisition expands Imperial Dade's presence in the San Jose market and brings CalJan's local customer relationships and product expertise onto Imperial Dade's larger distribution platform; financial terms were not disclosed.

Houston-based WAVE Electronics, backed by Altamont Capital Partners, has acquired KOA Electronics Distribution of Panorama City, California. The deal — financed by Altamont — expands WAVE's footprint to 16 warehouse locations and strengthens its presence in the California custom-integration market; terms were not disclosed.

Memphis-based IMC Logistics has acquired California drayage carrier American Pacific Transportation, adding facilities in Lompoc and Calexico and increasing IMC's drayage truck capacity across California. Financial terms were not disclosed; the deal boosts IMC's presence at West Coast ports and expands its regional truckload and dedicated distribution capabilities.

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.

SC Warehouses, LLC (doing business as Yandell), a Fort Point Capital–backed temperature-controlled logistics platform, has acquired Eagle Transportation Company Inc. and Redwood Empire Wine Storage, both based in Santa Rosa, California. The add-on acquisitions expand Yandell's geographic footprint and add bulk tanker transportation and direct-to-consumer (wine club) fulfillment and cold-storage capabilities.

Palladium Equity Partners has acquired a majority stake in Source Logistics, a City of Industry, California-based 3PL provider serving Hispanic food & beverage and consumer goods brands. Palladium will invest alongside the company's founders, who will remain in leadership, and plans to support growth through organic investment and add-on M&A while leveraging Source Logistics’ 12 facilities and more than 2.3 million square feet across four states.

DP World has acquired CFR Rinkens, a Long Beach–headquartered specialist in containerized finished-vehicle logistics and racking systems. The acquisition strengthens DP World's automotive logistics capabilities and expands its offering for electric-vehicle and energy storage/battery life-cycle logistics across its global network.

Loadsmart has acquired NavTrac, a computer-vision startup that provides AI/OCR-based yard, terminal and asset management solutions. The acquisition integrates NavTrac's camera-based inventory tracking and SmartGate compliance tools into Loadsmart's dock, yard and transportation platform to expand capabilities for warehouses, intermodal yards and asset-based carriers.

ACERTUS, an automotive logistics-as-a-service platform, has acquired RCG Logistics, a Sacramento-based transportation and remarketing provider. The deal will expand ACERTUS' service offerings into salvage and repossession and enable coverage of additional VIN types including motorsports, RVs and other oversized vehicles as RCG is integrated under the ACERTUS brand.

Glass Lake Holdings has acquired Big Box Storage, a San Diego-based portable storage and delivery provider founded in 2003. SDR Ventures served as exclusive sell-side advisor and the founders, Brian and Rita Hurley, sold the company as Glass Lake looks to expand its presence in Southern California.

Angeles Equity Partners has acquired Custom Goods, an asset-light third-party logistics (3PL) provider headquartered in Carson, California, from Soundcore Capital Partners and the management team. Custom Goods operates over 6.5 million square feet of warehouse space across ~25 facilities, a 175+ truck fleet, and serves a diversified base of Fortune 500 and government customers; financial terms were not disclosed.

Worldwide Logistics Group (WWL) has acquired P. W. Bellingall, Inc. (PWB), a San Francisco–based customs brokerage house, to strengthen WWL’s in‑house customs brokerage capabilities and establish a presence in Northern California. The acquisition allows WWL to offer customs brokerage directly to PWB’s food & beverage and coffee customers while integrating PWB’s niche expertise into WWL’s global logistics services.

Flexport is acquiring the assets of Shopify Logistics, including Deliverr, from Shopify to expand into e‑commerce fulfillment and last‑mile delivery. The deal brings Deliverr's fulfillment capabilities and Shop Promise support into Flexport's platform to offer end‑to‑end logistics from ocean/air forwarding through last‑mile for merchants.

Glenview, Illinois-based Envoy Solutions has acquired Santa Fe Springs, California-based Royal Paper Corp, a national distributor of paper, plastics, cleaning and safety consumables for janitorial and foodservice end markets. The deal expands Envoy Solutions’ national footprint, adds five distribution facilities and strengthens its presence in California and key end markets such as movie theaters, foodservice, retail and education.

Acorn Distributors has acquired Unisan, a provider of janitorial, warehouse and safety supplies. Blue River Financial Group advised Unisan on the sale; the transaction brings Unisan's facility-management products and services into Acorn's regional distribution platform to expand product offerings and geographic reach.

48forty Solutions, a Houston-based pallet management platform backed by Audax Private Equity and Summit Partners, has acquired Dependable Pallet Logistics, an Inland Empire-based pallet management and manufacturing company. The acquisition expands 48forty's presence and capacity in Southern California; terms were not disclosed.

Harbor Wholesale, a family-owned distributor based in Lacey, Washington, has acquired Modesto, California–based MTC Distributing Co. The deal combines regional distribution networks across the West Coast, preserves MTC's local management (Tom Eakin remains in an advisory role), and increases purchasing scale and service coverage for convenience stores, independent grocers, and quick-serve restaurants.

QuickBox Fulfillment, a portfolio company of Pike Street Capital, announced a strategic investment in El Mar Logistics, adding El Mar’s ~225,000 sq.ft. Carson, California facility to QuickBox’s network. The deal expands QuickBox’s West Coast footprint and access to major ports, with Pike Street providing additional capital and El Mar’s leadership joining the combined organization.

Alba Wheels Up, backed by Southfield Capital, acquired San Francisco-based customs broker KSI Corp., adding a Bay Area office and expanding Alba’s expertise into the biotech and semiconductor end markets. The deal was financed with debt from Deerpath Capital Management and expands Alba’s West Coast footprint alongside its existing offices.

RoadOne IntermodaLogistics has acquired Oakland-based R&A Trucking Company, which will operate as R&A LogisticSolutions, a RoadOne company. The acquisition (backed by sponsor Nonantum Capital) expands RoadOne's West Coast footprint and coastal transload/warehousing capabilities, adding drayage, trucking, brokerage and a 370,000 sq ft FTZ-enabled warehouse in Oakland.

Red Arts Capital and Prudential Private Capital acquired Granite Creek Capital Partners' minority equity stake and repaid subordinated debt in Sunset Pacific Transportation as part of a recapitalization. The transaction preserves Red Arts’ partnership with Sunset Pacific and brings additional capital to expand the carrier’s service capacity following prior growth and the acquisition of Radius Logistics.

Bonsai Capital, a family office-backed investment firm, has acquired DC Logistics, a regional third-party logistics (3PL) provider headquartered in Jurupa Valley, California. Funding for the transaction was provided by a group of investors including Crow Holdings. Bonsai plans to accelerate expansion, enhance customer service and operating model, and pursue geographic growth into Texas and Florida.

Shopify Inc. completed its acquisition of Deliverr, Inc. for approximately $2.1 billion in a mix of cash and Shopify Class A shares. The deal integrates Deliverr's fulfillment software, talent, data, and network into the Shopify Fulfillment Network to expand multichannel, fast fulfillment for merchants across major marketplaces and sales channels.

RelaDyne has acquired Orange Line Oil Company, a Pomona, California-based bulk motor oil wholesaler and distributor. The deal expands RelaDyne's distribution footprint and route density in Southern California, adding automotive-focused customers and broader product options for Orange Line's customer base.

Storage Solutions Inc. has acquired SNC Solutions, a California-based provider of warehouse efficiency system design and implementation. Financial terms were not disclosed; Storage Solutions said the deal will expand its capabilities and presence on the U.S. West Coast to better serve warehouses, distribution centers, and fulfillment operations.

Lineage Logistics, together with its founder/manager Bay Grove, has acquired Turvo, a supply-chain collaboration and visibility software provider. Turvo will operate as a wholly owned subsidiary to accelerate product innovation and deepen Lineage's technology capabilities across the global food and freight supply chain; financial terms were not disclosed.

Descartes Systems Group acquired Foxtrot, a San Francisco-based provider of machine learning-driven mobile route execution solutions, for approximately US$4.0 million in cash. The acquisition strengthens Descartes' artificial intelligence and machine learning capabilities within its route planning and execution suite and expands its capabilities in retail food and beverage distribution and last-mile logistics.

Resideo Technologies, Inc. acquired Arrow Wire & Cable, a Chino, California-based regional distributor of data communications, connectivity and security products, to strengthen the Data Communications product category within its ADI Global Distribution business and expand its West Coast footprint. Terms of the transaction were not disclosed.

MWG Holdings Group, Inc. acquired Oz Distribution to add a wholesale cannabis distribution business serving more than 400 California dispensaries. The acquisition vertically integrates Oz's branded products (Royal Tree, Royal Dab, Royal Bud) into MWG's supply chain to expand product reach for MWG's Perfect Union retail locations across California.

AmpliTech Group, Inc. (NASDAQ: AMPG) has executed a definitive agreement to acquire the assets and operations of Spectrum Semiconductor Materials, Inc., a San Jose–based authorized distributor of semiconductor components. The deal (approximately $8.0M cash plus $1.5M escrow and restricted shares) nearly triples AmpliTech's revenue base, adds a global distribution platform and a record combined order backlog of $11.4M, and is intended to accelerate commercialization of AmpliTech's MMIC chip solutions.

Ryder System, Inc. has entered into a definitive agreement to acquire Whiplash, a City of Industry, California-based omnichannel e-commerce fulfillment and logistics provider, for approximately $480 million in cash. The acquisition expands Ryder's e-commerce and omnichannel fulfillment network (adding 19 warehouses and ~7 million square feet), is expected to be accretive, and aims to integrate Whiplash's technology, operations, and team to accelerate capability and geographic coverage.

Quad-C Management has recapitalized and purchased MNX Global Logistics from Audax Private Equity, with terms not disclosed. MNX, headquartered in Long Beach, California, will continue to be led by CEO John Labrie and his senior team while Quad-C looks to broaden service offerings, pursue strategic acquisitions, and accelerate organic growth across industry verticals and geographies.

CMA CGM Group has signed an agreement to acquire most of Ingram Micro's Commerce & Lifecycle Services (CLS) business, including the Shipwire order-fulfillment platform, for an enterprise value of USD 3.0 billion. The transaction will be integrated with CMA CGM's subsidiary CEVA Logistics to bolster the group's contract-logistics and eCommerce capabilities, particularly across the U.S. and Europe; the CLS business reported approximately $1.7 billion revenue and ~11,500 employees in 2021.

CMA CGM has agreed to acquire Fenix Marine Services from the EQT Infrastructure III fund for an enterprise value of USD 2.3 billion. Fenix operates one of the largest container terminals at the Port of Los Angeles (handling ~2.3 million TEUs annually and ~145 employees); the deal is expected to close subject to regulatory approvals.

TransImpact has acquired MCG Logistics, a global freight and parcel management and consulting firm, to deepen its logistics expertise across consumer products, home products and healthcare and to expand ocean, air and international logistics capabilities. The deal expands TransImpact's geographic footprint with a California office; the combined company will maintain offices in North Carolina, Ohio and California and operate with over 170 employees.