M&A Deal Summary

Forward Air Acquires Atlantic Trucking

On April 10, 2017, Forward Air acquired transportation company Atlantic Trucking

Acquisition Highlights
  • This is Forward Air’s 4th transaction in the Transportation sector.
  • This is Forward Air’s 4th transaction in the United States.
  • This is Forward Air’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2017-04-10
Target Atlantic Trucking
Sector Transportation
Buyer(s) Forward Air
Deal Type Add-on Acquisition

Target

Atlantic Trucking

Charleston, South Carolina, United States
website
Atlantic Trucking Co., Inc. is a provider of an intermodal, drayage and related services. Atlantic Trucking was established in 1984 and is based in Charleston, South Carolina.

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Buyer(S) 1

Buyer

Forward Air

Greeneville, Tennessee, United States

website

Category Company
Founded 1981
Sector Transportation
Employees4,155
Revenue 2.0B USD (2022)
DESCRIPTION

Forward Air is a provider of time-definite surface transportation and related logistics services to the North American expedited ground freight market.Forward Air Corporation operates three business segments, Forward Air, Inc., Forward Air Solutions, Inc. and Total Quality, Inc. Forward Air was incorporated in 1981 and is based in Greeneville, Tennessee.

DEAL STATS #
Overall 4 of 16
Sector (Transportation) 4 of 16
Type (Add-on Acquisition) 4 of 16
State (South Carolina) 1 of 1
Country (United States) 4 of 16
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-09 CLP Towne

South Bend,, Indiana, United States

Towne Air Freight LLC is a full-service trucking provider offering time-sensitive less-than-truckload shipping, full truckload service, an extensive cartage network, container freight stations and dedicated trucking.

Buy $125M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-18 FSA Logistix

Fort Lauderdale, Florida, United States

FSA Network, Inc. provides last mile logistics for a wide range of American companies, including national retailers, manufacturers, eTailers, and third party logistics companies. FSA Network, Inc. was founded in 1978 and is based in Fort Lauderdale, Florida.

Buy $27M
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