M&A Deal Summary

TransForce Acquires Driving Ambition

On September 25, 2017, TransForce acquired staffing company Driving Ambition

Acquisition Highlights
  • This is TransForce’s 5th transaction in the Staffing sector.
  • This is TransForce’s 6th transaction in the United States.
  • This is TransForce’s 1st transaction in Indiana.

M&A Deal Summary
Date 2017-09-25
Target Driving Ambition
Sector Staffing
Buyer(s) TransForce
Deal Type Add-on Acquisition

Target

Driving Ambition

Indianapolis, Indiana, United States
website
Driving Ambition, Inc. is a provider of high-quality commercial truck drivers serving the Central United States with operations in Indiana, Ohio, Kentucky, Tennessee, Missouri and Michigan.

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Buyer(S) 1

Buyer

TransForce

Alexandria, Virginia, United States

website

Category Company
Founded 1991
Sector Staffing
DESCRIPTION

TransForce is a provider of full-service outsourcing and staffing solutions to the trucking and third-party logistics industries. The company is experiencing rapid internal growth through multiple branch openings and aims to become a leading consolidator in a fragmented industry. TransForce was founded in 1991 and is based in Alexandria, Virginia.

DEAL STATS #
Overall 7 of 13
Sector (Staffing) 5 of 8
Type (Add-on Acquisition) 7 of 13
State (Indiana) 1 of 1
Country (United States) 6 of 11
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-05 K.A.S. Personnel Services

Brampton, Ontario, Canada

K.A.S. Personnel Services, Inc. is a provider of high-quality commercial truck drivers and other transportation personnel based in Ontario. KAS has been serving the transportation industry for almost 30 years in the Ontario market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-02 TruckingUnlimited.com

West Hills, California, United States

TruckingUnlimited.com is an online recruiting firm for the trucking industry. TruckingUnlimited.com was established in 2012 and is headquartered in West Hills, California.

Buy -
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