M&A Deal Summary

GlobalTranz Acquires Apex Logistics Group

On December 7, 2017, GlobalTranz acquired transportation company Apex Logistics Group

Acquisition Highlights
  • This is GlobalTranz’s 4th transaction in the Transportation sector.
  • This is GlobalTranz’s 4th transaction in the United States.
  • This is GlobalTranz’s 1st transaction in Arizona.

M&A Deal Summary

Date 2017-12-07
Target Apex Logistics Group
Sector Transportation
Buyer(s) GlobalTranz
Deal Type Add-on Acquisition

Target

Apex Logistics Group

Scottsdale, Arizona, United States
Apex Logistics Group is a technology-driven freight brokerage company specializing in LTL, full truckload, third-party logistics and expedited shipping services. Apex Logistics is based in Scottsdale, Arizona.

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Buyer(S) 1

Buyer

GlobalTranz

Scottsdale, Arizona, United States

Category Company
Founded 2003
Sector Transportation
DESCRIPTION

GlobalTranz is a technology-driven freight brokerage company specializing in LTL, full truckload, third-party logistics, and expedited shipping services. GlobalTranz optimizes the efficiency of freight movement and matches shipper demand and carrier capacity in near real-time. Leveraging its extensive freight agent network, GlobalTranz has emerged as a fast-growing market leader with a customer base of over 25,000 shippers. In 2018, Transport Topics ranked GlobalTranz as the 10th largest freight brokerage firm in the U.S. GlobalTranz was founded in 2003 and is based in Scottsdale, Arizona.


DEAL STATS #
Overall 4 of 9
Sector (Transportation) 4 of 9
Type (Add-on Acquisition) 4 of 9
State (Arizona) 1 of 1
Country (United States) 4 of 8
Year (2017) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-16 Worthington Logistics Solutions

Midlothian, Virginia, United States

Worthington Logistics Solutions is a freight brokerage and logistics company. Worthington Logistics Solutions is based in Midlothian, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-10 AJR Transportation

Barnsley, United Kingdom

AJR Transportation is a provider of shippers of all sizes value-added freight management services and technology that drives efficiency, reliability and cost savings for their businesses. AJR Transportation is based in Barnsley, United Kingdom.

Buy -