M&A Deal Summary

Hub Group Acquires Estenson Logistics

On May 25, 2017, Hub Group acquired transportation company Estenson Logistics for 306M USD

Acquisition Highlights
  • This is Hub Group’s 4th transaction in the Transportation sector.
  • This is Hub Group’s largest (disclosed) transaction.
  • This is Hub Group’s 4th transaction in the United States.
  • This is Hub Group’s 1st transaction in Alaska.

M&A Deal Summary
Date 2017-05-25
Target Estenson Logistics
Sector Transportation
Buyer(s) Hub Group
Deal Type Add-on Acquisition
Deal Value 306M USD

Target

Estenson Logistics

Mesa, Alaska, United States
website
Estenson Logistics LLC is specializing in providing custom designed, technology driven dedicated transportation and logistics services. Estenson embraces a commitment to safety, efficiency, technology and innovation, and prides itself on maintaining superior service levels on a constant and consistent basis.

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Buyer(S) 1

Buyer

Hub Group

Oak Brook, Illinois, United States

website

Category Company
Founded 1971
Sector Transportation
Employees5,900
Revenue 5.3B USD (2022)
DESCRIPTION
Entrance to Hub Group's corporate headquarters in Oak Brook, Illinois.
Entrance to Hub Group's corporate headquarters in Oak Brook, Illinois.

Hub Group is an asset-light freight transportation management company providing intermodal, truck brokerage and logistics services. Hub Group was formed in 1971 and is based in Oak Brook, Illinois.

DEAL STATS #
Overall 4 of 8
Sector (Transportation) 4 of 8
Type (Add-on Acquisition) 4 of 7
State (Alaska) 1 of 1
Country (United States) 4 of 8
Year (2017) 1 of 1
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-04 Mode Transportation

Dallas, Texas, United States

Mode Transportation is a provider of asset-light based, third-party logistics company focused on delivering truckload, less-than-truckload, intermodal, air and ocean services.

Buy $83M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-05 CaseStack

Santa Monica, California, United States

CaseStack, Inc. is a provider of logistics outsourcing services to mid-sized consumer packaged goods companies that sell products to retailers, distributors and other manufacturers.

Buy $225M
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