M&A Deal Summary

Zipline Logistics Acquires Summit Eleven

On March 28, 2024, Zipline Logistics acquired transportation company Summit Eleven

Acquisition Highlights
  • This is Zipline Logistics’ 1st transaction in the Transportation sector.
  • This is Zipline Logistics’ 1st transaction in the United States.
  • This is Zipline Logistics’ 1st transaction in Virginia.

M&A Deal Summary
Date 2024-03-28
Target Summit Eleven
Sector Transportation
Buyer(s) Zipline Logistics
Deal Type Add-on Acquisition

Target

Summit Eleven

Charlottesville, Virginia, United States
website
Summit Eleven is a multi-modal transportation provider offers a wide range of services within the United States and abroad, including, domestic transportation, international logistics consulting & air freight. Summit Eleven is based in Charlottesville, Virginia.

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Buyer(S) 1

Buyer

Zipline Logistics

Columbus, Ohio, United States

website

Category Company
Founded 2007
Sector Transportation
DESCRIPTION

Zipline Logistics is a tech-enabled, asset-light, third-party logistics (3PL) provider specializing in the food and beverage, consumer packaged goods and healthcare end markets. Zipline Logistics was founded in 2007 and is based in Columbus, Ohio.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

Product

Company

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