M&A Deal Summary

Concentric Equity Partners Acquires Market Express

On January 1, 2019, private equity firm Concentric Equity Partners acquired transportation company Market Express

Acquisition Highlights
  • This is Concentric Equity Partners’ 1st transaction in the Transportation sector.
  • This is Concentric Equity Partners’ 28th transaction in the United States.
  • This is Concentric Equity Partners’ 2nd transaction in Oregon.

M&A Deal Summary

Date 2019-01-01
Target Market Express
Sector Transportation
Buyer(s) Concentric Equity Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Market Express

Portland, Oregon, United States
Market Express is a provider of asset-based truckload shipping services to the Western U.S. and asset-light intermodal and brokerage services. Market Express was founded in 2016 and is based in Portland, Oregon.

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Buyer(S) 1

Buyer

Concentric Equity Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2002
Size Small
Type Sector Agnostic
DESCRIPTION

Concentric Equity Partners is a private equity firm that invests in profitable, growth-oriented middle-market companies. Concentric typically invests $10 to $30 million of capital per transaction, however, the Firm's historical investment range is $5 to $100 million. Areas of interest include business services, consumer services, financial services, and healthcare. Prospective transaction situations include management led buyouts, leveraged buyouts, and growth equity investments. Concentric will consider both majority and minority situations. Concentric is the direct investment arm of asset management firm, Financial Investments Corporation. Concentric Equity Partners was established in 2002 and is based in Chicago, Illinois.


DEAL STATS #
Overall 28 of 43
Sector (Transportation) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 15 of 19
State (Oregon) 2 of 2
Country (United States) 28 of 41
Year (2019) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 Colonial Claims

Dunedin, Florida, United States

Colonial Claims services all types of property and liability claims nationwide, including Wind, Fire, Hail, Flood, Tornado, and Earthquake for Residential and Commercial properties. Colonial Claims provides both field and desk adjusting resources, as well as appraisals, dispute resolution services, mediation and arbitration services, litigation and alternative defense services, and TPA services to many of the largest carriers in the U.S. Colonial Claims was founded in 1982 and is based in Dunedin, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-02 ProVest

Tampa, Florida, United States

ProVest is a provider of outsourced service of process and related services to law firms, leveraging its footprint of more than 2,000 process servers nationwide. Service of process is legally required consumer protection which ensures appropriate notification in legal cases. ProVest was founded in 1991 and is based in Tampa, Florida.

Sell -