Operating Company Transportation & Logistics

Kenan Advantage Group

North Canton, Ohio, United States

North America’s largest tank truck transporter and logistics provider delivering energy commodities, renewable fuels, chemicals, specialty products, food products and merchant gases. Operates across 300+ terminal and satellite locations and provides specialized supply chain logistics through KAG Logistics.

Focus Areas
Tank truck transportation, Bulk liquids logistics, Bulk and specialty transportation
Website
thekag.com

Tracked deals

9

9 tracked deals across 2020-2025.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

7 buyout · 2 addon

Kenan Advantage Group Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for Kenan Advantage Group. 2 2020 3 2022 2 2024 2 2025

Supporting Data

Recent Transactions

  • Kenan Advantage Group Acquires M.C. Tank Transport
    March 31, 2025
    Buyer
    The Kenan Advantage Group, Inc.
    Target
    M.C. Tank Transport, Inc.
    Industry
    Trucking & Fleet
    Location
    Ohio, United States
    Type
    Buyout

    The Kenan Advantage Group, Inc. (KAG) has acquired M.C. Tank Transport, Inc., a West Chester, Ohio-based liquid bulk chemical transport company operating eight terminals and three ISO container depots across the Southeast and Midwest. The deal brings roughly 175 drivers and 70 operational/administrative employees into KAG, and adds about 100 tractors and 500 trailers/chassis while expanding KAG’s chemical tanking, ISO container storage/maintenance, and related service capabilities.

  • Kenan Advantage Group Acquires Evergreen Transport
    March 6, 2025
    Buyer
    Kenan Advantage Group, Inc. (KAG)
    Target
    Evergreen Transport, LLC
    Seller
    Evergreen Transport family owners / Walter Poole
    Industry
    Transportation
    Location
    Alabama, United States
    Type
    Buyout

    Kenan Advantage Group (KAG) has acquired Mobile, Alabama-based Evergreen Transport, a family-owned dry bulk hauler. The deal brings roughly 100 drivers and 45 operations staff, plus 158 tractors, 338 trailers and four Alabama terminals to KAG as it expands its dry bulk transportation platform.

  • Kenan Advantage Group Acquires XBL Holdings (Xcel Bulk Logistics)
    November 26, 2024
    Buyer
    Kenan Advantage Group
    Target
    XBL Holdings (Xcel Bulk Logistics)
    Seller
    Lilium Group, Peterson Hawkins
    Industry
    Transportation
    Location
    Texas, United States
    Type
    Addon

    Kenan Advantage Group (KAG) has acquired Texas-based XBL Holdings (operating as Xcel Bulk Logistics), a dry bulk transportation, storage and logistics provider headquartered in Weatherford, Texas. The deal — from PE owner Lilium Group — adds XBL's drivers, operational staff, tractors, trailers, storage silos and terminals to KAG's growing dry bulk platform; financial terms were not disclosed.

  • Kenan Advantage Group Acquires Northern Dry Bulk
    February 14, 2024
    Buyer
    Kenan Advantage Group
    Target
    Northern Dry Bulk
    Industry
    Transportation
    Location
    Michigan, United States
    Type
    Addon

    Kenan Advantage Group has acquired Northern Dry Bulk, a Clare, Michigan-based dry bulk transporter and warehousing operator that specializes in transport and storage of plastic resins for automotive, packaging and electronics end markets. The deal — terms not disclosed — brings Northern Dry Bulk's drivers, technicians, 36 tractors, 91 trailers and two terminals into KAG as it enters the dry bulk transportation business (the plastics recycling operation was excluded).

  • KAG Logistics Acquires Connectrans Logistics
    October 12, 2022
    Buyer
    KAG Logistics, LLC (KAGL)
    Target
    Connectrans Logistics Inc.
    Industry
    Transportation
    Location
    Ontario, Canada
    Type
    Buyout

    KAG Logistics, LLC completed the acquisition of Toronto-based Connectrans Logistics Inc., expanding KAG's footprint into the Canadian logistics market and strengthening its cross-border freight capabilities. Connectrans provides cross-border transportation services (dry van, temperature control, flatbed, over-dimensional and intermodal) enabling KAG to offer enhanced capabilities to Canadian and U.S. customers.

  • KAG Logistics Acquires American PetroLog
    June 15, 2022
    Buyer
    KAG Logistics, LLC, The Kenan Advantage Group, Inc.
    Target
    American PetroLog, LLC
    Industry
    Transportation
    Location
    Louisiana, United States
    Type
    Buyout

    KAG Logistics, LLC completed the acquisition of American PetroLog, LLC, a Lafayette, Louisiana-based provider of multi-modal distribution, transloading, storage and liquid-bulk logistics services for the petrochemical industry. The deal brings American PetroLog's team — including President & CEO Jeff Colonna — into KAGL and expands KAG's capabilities and capacity in liquid bulk/petrochemical logistics across North America.

  • Kenan Advantage Group Acquires K-Limited Carrier
    February 7, 2022
    Buyer
    The Kenan Advantage Group, Inc.
    Target
    K-Limited Carrier, Ltd.
    Seller
    Kim Kaplan, Dean Kaplan
    Industry
    Transportation
    Location
    Ohio, United States
    Type
    Buyout

    The Kenan Advantage Group (KAG) has completed the acquisition of K-Limited Carrier, Ltd., a Toledo, Ohio-based liquid bulk transporter of chemical products. Approximately 100 operational employees and a fleet of about 95 tractors and 195 trailers plus terminal and satellite locations in multiple Midwestern cities will join KAG to expand its Specialty Products division and chemical logistics footprint.

  • Kenan Advantage Group Acquires Fort Transfer Company
    November 10, 2020
    Buyer
    The Kenan Advantage Group, Inc.
    Target
    Fort Transfer Company
    Seller
    Brad Kahler (President/CEO and Owner of Fort Transfer)
    Industry
    Trucking & Fleet
    Location
    Illinois, United States
    Type
    Buyout

    The Kenan Advantage Group, Inc. (KAG) has completed the acquisition of Fort Transfer Company, a Morton, Illinois–based liquid bulk chemical carrier and storage provider. The deal adds Fort Transfer’s terminals, 100 tractors, 249 trailers, ~2.6 million gallons of temperature-controlled storage capacity, and roughly 203 personnel (including 158 drivers/contractors and 45 operational staff) to KAG’s Specialty Products operations to expand capabilities and geographic coverage in chemical and agricultural markets.

  • Kenan Advantage Group Acquires Paul's Hauling Ltd.
    October 2, 2020
    Buyer
    The Kenan Advantage Group, Inc. (KAG), KAG Canada / RTL Westcan
    Target
    Paul's Hauling Ltd.
    Industry
    Trucking & Fleet
    Location
    Manitoba, Canada
    Type
    Buyout

    The Kenan Advantage Group, Inc. (KAG) completed the acquisition of Paul's Hauling Ltd. through its Canadian arm, KAG Canada / RTL Westcan. The Winnipeg-based bulk transport operator brings 233 tractors, 353 trailers and approximately 304 operational staff (192 drivers and 112 operational personnel), extending KAG's bulk transport footprint and creating operational synergies across Western Canada.

Related Acquisition Pages

Transportation Buyers & Acquisitions 6 tracked deals by Kenan Advantage Group. Trucking & Fleet Buyers & Acquisitions 3 tracked deals by Kenan Advantage Group. Acquisitions in Ohio 2 tracked deals by Kenan Advantage Group. Acquisitions in Alabama 1 tracked deal by Kenan Advantage Group. Acquisitions in Illinois 1 tracked deal by Kenan Advantage Group. Acquisitions in Louisiana 1 tracked deal by Kenan Advantage Group.

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