M&A Deal Summary

Heartland Express Acquires Gordon Trucking

On November 11, 2013, Heartland Express acquired transportation company Gordon Trucking

Acquisition Highlights
  • This is Heartland Express’ 2nd transaction in the Transportation sector.
  • This is Heartland Express’ 2nd transaction in the United States.
  • This is Heartland Express’ 1st transaction in Washington.

M&A Deal Summary
Date 2013-11-11
Target Gordon Trucking
Sector Transportation
Buyer(s) Heartland Express
Deal Type Add-on Acquisition
Advisor(s) Moss Adams Capital LLC (Financial)
Perkins Coie LLP (Legal)

Target

Gordon Trucking

Pacific, Washington, United States
website
Gordon Trucking, Inc. provides truckload transportation services in the United States and Canada.

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Buyer(S) 1

Buyer

Heartland Express

North Liberty, Iowa, United States

website

Category Company
Founded 1978
Sector Transportation
Employees6,500
Revenue 968M USD (2022)
DESCRIPTION

Heartland Express provides truckload transportation services that enables companies to deliver service across their transportation network and improve customer satisfaction. Heartland Express was formed in 1978 and is based in North Liberty, Iowa.

DEAL STATS #
Overall 2 of 6
Sector (Transportation) 2 of 5
Type (Add-on Acquisition) 2 of 4
State (Washington) 1 of 2
Country (United States) 2 of 6
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1994-03-18 Munson Transportation

Monmouth, Illinois, United States

Munson Transportation Inc. is a trucking firm that serves Northeast and West Coast markets from the central United States.

Buy $73M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-10 XPIENT Solutions

Charlotte, North Carolina, United States

XPIENT Solutions is an organization of highly qualified restaurant and software development specialists devoted to business process improvement and professional support services for the foodservice industry.

Buy -
Mergr

Product

Company

Legal