M&A Deal Summary

Day & Ross Transportation Group Acquires A&S Services Group

On April 1, 2019, Day & Ross Transportation Group acquired transportation company A&S Services Group from Celadon Group

Acquisition Highlights
  • This is Day & Ross Transportation Group’s 3rd transaction in the Transportation sector.
  • This is Day & Ross Transportation Group’s 4th transaction in the United States.
  • This is Day & Ross Transportation Group’s 2nd transaction in Pennsylvania.

M&A Deal Summary
Date 2019-04-01
Target A&S Services Group
Sector Transportation
Buyer(s) Day & Ross Transportation Group
Sellers(s) Celadon Group
Deal Type Divestiture

Target

A&S Services Group

New Freedom, Pennsylvania, United States
website
A&S Services Group, LLC is a provider of transportation, warehousing, distribution and logistics solutions focused on high quality, best in class customer service in the Northeast and Mid-Atlantic region, with an additional presence in the Southeast and Midwest. Over the years, A&S has grown organically and through acquisitions, including the Diamond Group, Inc., Den-El Transfer and Kinard Trucking.

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Buyer(S) 1

Buyer

Day & Ross Transportation Group

Mississauga, Ontario, Canada

website

Category Company
Founded 1950
Sector Transportation
DESCRIPTION

Day & Ross Transportation Group, Inc. is a provider of transportation and logistics solutions. Day & Ross Transportation Group was founded in 1950 and is based in Mississauga, Ontario.

DEAL STATS #
Overall 4 of 4
Sector (Transportation) 3 of 3
Type (Divestiture) 2 of 2
State (Pennsylvania) 2 of 2
Country (United States) 4 of 4
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 Buckler Transport

Roulette, Pennsylvania, United States

Buckler Transport offers full truckload services and operates in over 35 states and 4 provinces in Canada. Buckler offers van, oil tankers, chemical tankers, liquid asphalt tankers, step deck and pneumatic tank type hauling. Buckler's warehouse provides the capability of offering an environmentally controlled food grade storage area while managing inventory balances for our customers.

Buy -

Seller(S) 1

SELLER

Celadon Group

Indianapolis, Indiana, United States

website

Category Company
Founded 1985
Sector Transportation
Employees5,979
Revenue 1.1B USD (2016)
DESCRIPTION
Celadon's corporate headquarters in Indianapolis, Indiana.
Celadon's corporate headquarters in Indianapolis, Indiana.

Celadon Group is a provider of long-haul and regional full-truckload freight services across the United States, Canada and Mexico. Celadon Group was incorporated in 1985 and is based in Indianapolis, Indiana.

DEAL STATS #
Overall 2 of 5
Sector (Transportation) 2 of 4
Type (Divestiture) 2 of 5
State (Pennsylvania) 2 of 2
Country (United States) 2 of 5
Year (2019) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 Buckler Transport

Roulette, Pennsylvania, United States

Buckler Transport offers full truckload services and operates in over 35 states and 4 provinces in Canada. Buckler offers van, oil tankers, chemical tankers, liquid asphalt tankers, step deck and pneumatic tank type hauling. Buckler's warehouse provides the capability of offering an environmentally controlled food grade storage area while managing inventory balances for our customers.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-15 Celadon Logistics Services

Indianapolis, Indiana, United States

Celadon Logistics Services is a non-asset based brokerage and 3PL provider, offering a full spectrum of non-asset transportation, supply chain, and warehousing solutions. Celadon Logistics Services was founded in 2007 and is based in Indianapolis, Indiana.

Sell -
Mergr

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