M&A Deal Summary

STORD Acquires Cove Logistics

On June 12, 2020, STORD acquired transportation company Cove Logistics

Acquisition Highlights
  • This is STORD’s 1st transaction in the Transportation sector.
  • This is STORD’s 1st transaction in the United States.
  • This is STORD’s 1st transaction in Montana.

M&A Deal Summary
Date 2020-06-12
Target Cove Logistics
Sector Transportation
Buyer(s) STORD
Deal Type Add-on Acquisition

Target

Cove Logistics

Springfield, Montana, United States
website
Cove Logistics LLC is a provider of third-party logistic services. Cove Logistics is based in Springfield, Montana.

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Buyer(S) 1

Buyer

STORD

Atlanta, Georgia, United States

website

Category Company
Sector Transportation
DESCRIPTION

STORD, Inc. is a cloud-based technology, data science, and logistics network of 500+ warehouses and 15k+ carriers delivers substantial bottom-line savings to major retailers, CPGs, and manufacturers while increasing customer satisfaction. STORD was founded in 2015 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 1 of 2
Sector (Transportation) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Montana) 1 of 1
Country (United States) 1 of 2
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-14 Fulfillment Works

North Haven, Connecticut, United States

Fulfillment Works is a DTC fulfillment provider, that specializes in business-to-consumer fulfillment with a 100,000+ square foot storage facility and advanced technology to handle all aspects of supply chain management. Fulfillment Works is based in North Haven, Connecticut.

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