Rand Logistics - M&A Summary, Ownership, and Business Overview

TransportationCompany

Rand Logistics M&A Summary

Rand Logistics has acquired 3 companies of its own, including 2 in the last 5 years. A total of 1 acquisition came from private equity firms.

Rand Logistics has acquired in 2 different US states, and 2 countries. The Company’s most targeted sectors include marine (67%) and transportation (34%).

Rand Logistics Ownership

Who owns Rand Logistics?

Rand Logistics is owned by American Industrial Partners. It was acquired on November 21, 2017.

Is Rand Logistics PE-backed?

Yes. Rand Logistics is owned by private equity investor American Industrial Partners.

Rand Logistics Business Overview

Where is Rand Logistics headquartered?

Rand Logistics is headquartered in Jersey City, New Jersey.

What is Rand Logistics’ revenue?

Rand Logistics disclosed revenue of 315M USD for 2021 and 115M USD for 2017.

How many employees does Rand Logistics have?

Rand Logistics has 515 employees.

What sector is Rand Logistics in?

Rand Logistics is a transportation company.

When was Rand Logistics founded?

Rand Logistics was founded in 1994.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 2

Rand Logistics

Rand Logistics, Inc.

333 Washington Street, Suite 201,
Jersey City, New Jersey 07302
United States,
(212) 644-3450
www.randlogisticsinc.com

Rand Logistics is a provider of bulk freight shipping services throughout the Great Lakes region. Through its subsidiaries, the Company operates a fleet of three conventional bulk carriers and twelve self-unloading bulk carriers including three tug/barge units. The Company is the only carrier able to offer significant domestic port-to-port services in both Canada and the U.S. on the Great Lakes.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 1 1 - - - 1 3
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Andrie, Inc. 2024-07-31 - Add-on Acquisition
Muskegon, Michigan · www.andrietg.com
American Steamship Co. 2020-02-10 - Divestiture
Williamsville, New York · www.americansteamship.com
Lower Lakes Towing, Ltd. 2005-09-06 - Add-on Acquisition
Port Dover, Ontario
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Marine 2 (67%) - - -
Transportation 1 (33%) - - -
Total 3 - - -

By Geo

State/Country Buy Value Sell Value
United States 2 - - -
  New York 1 - - -
  Michigan 1 - - -
Canada 1 - - -
  Ontario 1 - - -
Domestic 2 (67%) - - -
Cross-border 1 (33%) - - -
Total 3 - - -

M&A Connections

Deals
Acquired from
Investor(s)
33%
1 (33%)
Strategic(s)
33%
1 (33%)

Company Summary

SECTOR

Transportation

Revenue

315   2021
115   23% 2017
148   3% 2016
152   2% 2015
155   1% 2014
156   2013
(millions of USD) Show More Show Less

Employees

515

Established

1994

 Subscribe to unlock this and 207,390
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 200K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Rand Logistics

New Jersey Companies , Transportation Companies , United States Companies , New Jersey Transportation Companies , New Jersey Transportation with Acquisitions , New Jersey Transportation with Divestitures

Related Lists for New Jersey Companies

Largest New Jersey Companies , Acquisitive New Jersey Companies , Recently Acquired New Jersey Companies , Recently Sold New Jersey Companies , Private New Jersey Companies , Public New Jersey Companies , Acquired New Jersey Companies , PE Backed New Jersey Companies

Related Lists for Transportation Companies

Largest Transportation Companies , Acquisitive Transportation Companies , Recently Acquired Transportation Companies , Recently Sold Transportation Companies , Private Transportation Companies , Public Transportation Companies , Acquired Transportation Companies , PE Backed Transportation Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal