M&A Deal Summary |
|
|---|---|
| Date | 2018-07-05 |
| Target | Landair Transport |
| Sector | Transportation |
| Buyer(s) | Covenant |
| Deal Type | Add-on Acquisition |
| Deal Value | 99M USD |
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| Category | Company |
|---|---|
| Founded | 1986 |
| Sector | Transportation |
| Employees | 3,007 |
| Revenue | 1.2B USD (2022) |
Covenant is a parent holding company for several transportation providers that offer premium services for customers throughout the United States and Mexico. The consolidated group includes operations from Covenant Transport, Inc. and Covenant Transport Solutions, Inc., of Chattanooga, Tenn.; Southern Refrigerated Transport, Inc., of Texarkana, Ark.; and Star Transportation, Inc., of Nashville, Tenn. Covenant was incorporated in 1986 and is headquartered in Chattanooga, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Transportation) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Tennessee) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
