M&A Deal Summary

Ryder System Acquires Midwest Warehouse & Distribution System

On October 27, 2021, Ryder System acquired diversified company Midwest Warehouse & Distribution System

Acquisition Highlights
  • This is Ryder System’s 1st transaction in the Diversified sector.
  • This is Ryder System’s 16th transaction in the United States.
  • This is Ryder System’s 1st transaction in Illinois.

M&A Deal Summary
Date 2021-10-27
Target Midwest Warehouse & Distribution System
Sector Diversified
Buyer(s) Ryder System
Deal Type Add-on Acquisition
Advisor(s) Republic Partners LLC (Financial)
Freeborn (Legal)

Target

Midwest Warehouse & Distribution System

Woodridge, Illinois, United States
website
Midwest Warehouse & Distribution System provides warehousing, distribution, and transportation solutions primarily for food, beverage, and consumer packaged goods (CPG) companies. Midwest Warehouse & Distribution System was founded in 1982 and is based in Woodridge, Illinois.

Search 192,349 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Ryder System

Miami, Florida, United States

website

Category Company
Founded 1933
Sector Transportation
Employees39,000
Revenue 12.0B USD (2022)
DESCRIPTION
Entrance to Ryder System's corporate headquarters in Miami, Florida.
Entrance to Ryder System's corporate headquarters in Miami, Florida.

Ryder System is a global provider of commercial fleet management and supply chain solutions. Ryder operates in two business segments: Fleet Management Solutions (FMS), which provides full service leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers principally in the U.S., Canada and the U.K.; and Supply Chain Solutions (SCS), which provides comprehensive supply chain solutions including distribution and transportation services in North America and Asia. The SCS segment also provides dedicated services, which includes vehicles and drivers as part of a dedicated transportation solution in the U.S. Ryder's customers range from small businesses to large international enterprises. Ryder System was founded in 1933 and is based in Miami, Florida.

DEAL STATS #
Overall 22 of 27
Sector (Diversified) 1 of 1
Type (Add-on Acquisition) 20 of 24
State (Illinois) 1 of 1
Country (United States) 16 of 21
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-18 Metro Truck & Tractor Leasing

Beltsville, Maryland, United States

Metro Truck & Tractor Leasing, Inc. is a provider of truck leasing, rental, and maintenance services to more than 150 customers with a fleet of approximately 900 units.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-13 Whiplash

City of Industry, California, United States

Whiplash is an e-commerce technology company providing best-in-class integration, order management system (OMS), and warehouse management system (WMS) capabilities to emerging brands. Whiplash was founded in 2009 and is based in the City of Industry, California.

Buy $480M
Mergr

Product

Company

Legal