M&A Deal Summary

Celadon Group Acquires Tango Transport - Assets

On September 30, 2015, Celadon Group acquired transportation company Tango Transport - Assets from Tango Transport

Acquisition Highlights
  • This is Celadon Group’s 7th transaction in the Transportation sector.
  • This is Celadon Group’s 7th transaction in the United States.
  • This is Celadon Group’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2015-09-30
Target Tango Transport - Assets
Sector Transportation
Buyer(s) Celadon Group
Sellers(s) Tango Transport
Deal Type Divestiture

Target

Tango Transport - Assets

Shreveport, Louisiana, United States
Tango truckload business.

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Buyer(S) 1

Buyer

Celadon Group

Indianapolis, Indiana, United States
Category Company
Founded 1985
Sector Transportation
Employees5,979
Revenue 1.1B USD (2016)
DESCRIPTION
Celadon's corporate headquarters in Indianapolis, Indiana.
Celadon's corporate headquarters in Indianapolis, Indiana.

Celadon Group is a provider of long-haul and regional full-truckload freight services across the United States, Canada and Mexico. Celadon Group was incorporated in 1985 and is based in Indianapolis, Indiana.

DEAL STATS #
Overall 7 of 7
Sector (Transportation) 7 of 7
Type (Divestiture) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 7 of 7
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-26 Taylor Express

Hope Mills, North Carolina, United States

Taylor Express, Inc. provider of regional transportation services focused on high quality, best in class customer service in the South and Southeast region, with expertise in the transport of both dry van and bulk truckload services.

Buy $43M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 A&S Services Group

New Freedom, Pennsylvania, United States

A&S Services Group, LLC is a provider of transportation, warehousing, distribution and logistics solutions focused on high quality, best in class customer service in the Northeast and Mid-Atlantic region, with an additional presence in the Southeast and Midwest. Over the years, A&S has grown organically and through acquisitions, including the Diamond Group, Inc., Den-El Transfer and Kinard Trucking.

Sell -

Seller(S) 1

SELLER

Tango Transport

Shreveport, Louisiana, United States
Category Company
Founded 1991
Sector Transportation
Revenue 90M USD (2014)
DESCRIPTION

Tango Transport, Inc. provides dry van and flatbed services.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
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