M&A Deal Summary

Magnate Worldwide Acquires Atlantic-Pacific Express

On October 26, 2022, Magnate Worldwide acquired transportation company Atlantic-Pacific Express

Acquisition Highlights
  • This is Magnate Worldwide’s 7th transaction in the Transportation sector.
  • This is Magnate Worldwide’s 8th transaction in the United States.
  • This is Magnate Worldwide’s 2nd transaction in South Carolina.

M&A Deal Summary

Date 2022-10-26
Target Atlantic-Pacific Express
Sector Transportation
Buyer(s) Magnate Worldwide
Deal Type Add-on Acquisition

Target

Atlantic-Pacific Express

Columbia, South Carolina, United States
website
Atlantic-Pacific Express is a mission-critical logistics service provider. Atlantic-Pacific Express was founded in 1999 and is based in Columbia, South Carolina.

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Buyer(S) 1

Buyer

Magnate Worldwide

Portland, Oregon, United States

website


Category Company
Founded 2014
Sector Transportation
DESCRIPTION

Magnate Worldwide is a diversified supply chain management company, comprised of a unique portfolio of complementary, premier logistics providers focused on expedited domestic transportation and global freight forwarding. Magnate Worldwide was founded in 2014 and is based in Portland, Oregon.


DEAL STATS #
Overall 8 of 10
Sector (Transportation) 7 of 9
Type (Add-on Acquisition) 8 of 10
State (South Carolina) 2 of 2
Country (United States) 8 of 10
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-22 ASAP Expediting & Logistics

Columbia, South Carolina, United States

ASAP Expediting & Logistics LLC is a 24/7 nationwide logistics company specializing in same and next-day transportation. ASAP Expediting & Logistics was founded in 2008 and is based in Columbia, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-06 Cargo Logistics Group

Columbia, Maryland, United States

Cargo Logistics Group is a custom logistics service provider. CLG specialized, in providing comprehensive logistics solutions for international and domestic mission-critical supply chains. CLG was founded in 1993 and is based in Columbia, Maryland.

Buy -