M&A Deal Summary |
|
|---|---|
| Date | 2004-08-09 |
| Target | Parcel Direct |
| Sector | Transportation |
| Buyer(s) | FedEx |
| Sellers(s) | Quad/Graphics |
| Deal Type | Add-on Acquisition |
| Deal Value | 120M USD |
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| Category | Company |
|---|---|
| Founded | 1971 |
| Sector | Transportation |
| Employees | 324,000 |
| Revenue | 84.0B USD (2021) |
FedEx is a global transportation and logistics company. FedEx provides a broad portfolio of transportation, e-commerce and business services through four segments. FedEx Express is the world’s largest express transportation company, offering time-certain delivery within one to three business days and serving markets that comprise more than 90% of the world’s gross domestic product. FedEx Ground is a North American provider of small-package ground delivery services. FedEx Ground provides low-cost, day-certain service to every business address in the United States and Canada, as well as residential delivery to nearly 100% of U.S. residences through its FedEx Home Delivery service. The FedEx Ground segment also includes FedEx SmartPost, Inc., which specializes in the consolidation and delivery of high volumes of low-weight, less time-sensitive business-to-consumer packages using the U.S. Postal Service for final delivery to any residential address or PO Box in the United States. FedEx Freight is a North American provider of less-than-truckload freight services. The FedEx Freight segment also offers freight delivery service throughout Canada and Mexico and includes FedEx Custom Critical, Inc., a leading North American provider of time-specific, critical shipment services. FedEx Services provides companies with sales, marketing, information technology, communications and back-office support. The FedEx Services segment also includes FedEx TechConnect, Inc., which is responsible for customer service, billings and collections for our U.S. customers and offers technical support services, and FedEx Office, which provides an array of document and business services and retail access to FedEx Express and FedEx Ground shipping services. FedEx was founded in 1971 and is based in Memphis, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 22 |
| Sector (Transportation) | 5 of 19 |
| Type (Add-on Acquisition) | 6 of 20 |
| State (Wisconsin) | 1 of 1 |
| Country (United States) | 6 of 10 |
| Year (2004) | 1 of 1 |
| Size (of disclosed) | 8 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-12-30 |
Kinko s
Dallas, Texas, United States Kinko's is a provider of document solutions and business services. Its global network of offers access to technology for color printing, finishing and presentation services, Internet access, videoconferencing, outsourcing, managed services, Web-based printing, and document management solutions. Kinko's was formed in 1970 and is based in Dallas, Texas. |
Buy | $2.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-05-16 |
Watkins Motor Lines
Lakeland, Florida, United States Watkins Motor Lines is nationwide LTL long-haul carrier and a subsidiary of Watkins Associated Industries. Known for its premium on-time service, the company has a workforce of approximately 10,000 and is one of a handful of trucking companies that has been consistently profitable since obtaining its transcontinental LTL operating authority in 1972. |
Buy | $780M |
| Category | Company |
|---|---|
| Founded | 1971 |
| Sector | Business Services |
| Employees | 15,800 |
| Revenue | 3.2B USD (2022) |
Quad/Graphics is a provider of print and multichannel solutions for consumer magazines, special interest publications, catalogs, retail inserts/circulars, direct mail, books, directories, and commercial and specialty products with 50-plus print-production facilities on three continents. Quad/Graphics was founded in 1971 and is based in Sussex, Wisconsin.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector (Transportation) | 1 of 2 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Wisconsin) | 1 of 2 |
| Country (United States) | 1 of 4 |
| Year (2004) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-07-06 |
Openfirst
Milwaukee, Wisconsin, United States Openfirst is a leading direct mail marketing and statement processing company that combines state-of-the-art imaging and fulfillment operations with advanced personalization and data management capabilities. Headquartered in Milwaukee, WI with additional operations in Fredericksburg , VA , Openfirst serves the automotive, insurance, financial services, and cable TV industries producing hundreds of millions of communication pieces each year. Mailings are customized, strategically timed and accurately tracked so that clients can asses the efficacy of their direct marketing programs.In November 2002, Greyrock provided $5.25 million of subordinated debt to support the acquisition of Openfirst by Prairie Capital, River Cities Capital and management. |
Buy | - |
