Public Company Transportation & Logistics

Ryder System

Miami, Florida, United States

Ryder is a commercial fleet management, dedicated transportation, and supply chain solutions company (“We perfect the supply chains people depend on.”).

Focus Areas
Fleet management, Dedicated transportation, Third-party logistics (3PL)
Website
ryder.com

Tracked deals

4

4 tracked deals across 2021-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

4 buyout

Ryder System Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for Ryder System. 1 2021 1 2022 1 2023 1 2024

Supporting Data

Recent Transactions

  • Buyer
    Ryder System, Inc.
    Target
    Cardinal Logistics
    Seller
    H.I.G. Capital
    Industry
    Transportation
    Type
    Buyout

    Ryder System, Inc. has acquired Cardinal Logistics from H.I.G. Capital, integrating Cardinal’s dedicated contract carriage, freight brokerage and last-mile capabilities to strengthen Ryder’s dedicated transportation and supply chain services. Cardinal, founded in 1997 and headquartered in Concord, North Carolina, operates ~200 locations with a fleet of 2,900 power units and more than 3,400 drivers; Ryder expects synergies and accretion following integration.

  • Buyer
    Ryder System, Inc.
    Target
    IFS Holdings, LLC (Impact Fulfillment Services)
    Industry
    Manufacturing
    Type
    Buyout

    Ryder System, Inc. entered into a definitive agreement to acquire all outstanding equity of IFS Holdings, LLC (Impact Fulfillment Services), adding contract packaging, contract manufacturing and warehousing capabilities across 15 U.S. operations. The deal is expected to add about $250 million of annual revenue, retain roughly 1,000 IFS employees, and close in early November 2023 subject to customary approvals.

  • Buyer
    Ryder System, Inc.
    Target
    Dotcom Distribution
    Type
    Buyout

    Ryder System, Inc. acquired Dotcom Distribution, an e‑commerce and omnichannel fulfillment provider that serves high-growth retail brands in health & beauty and fashion. The deal adds a 400,000-square-foot multiclient fulfillment facility in Edison, New Jersey and brings roughly 100 Dotcom employees and its leadership team into Ryder to expand Ryder's e‑fulfillment capabilities and national footprint.

  • Buyer
    Ryder System, Inc.
    Target
    Whiplash
    Type
    Buyout

    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.

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