M&A Deal Summary

Quantix Acquires First Choice Logistics

On February 11, 2020, Quantix acquired transportation company First Choice Logistics

Acquisition Highlights
  • This is Quantix’s 3rd transaction in the Transportation sector.
  • This is Quantix’s 4th transaction in the United States.
  • This is Quantix’s 1st transaction in Illinois.

M&A Deal Summary

Date 2020-02-11
Target First Choice Logistics
Sector Transportation
Buyer(s) Quantix
Deal Type Add-on Acquisition
Advisor(s) Wells Fargo Securities (Financial)
Hinshaw & Culbertson (Legal)

Target

First Choice Logistics

Chicago, Illinois, United States
First Choice Logistics, Inc. was formed in 1987 to supply bulk transportation services for the construction, chemical, and environmental waste industries.

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Buyer(S) 1

Buyer

Quantix

Woodlands, Texas, United States

Category Company
Founded 1965
Sector Transportation
DESCRIPTION

Quantix is a provider of dry bulk transportation, packaging, distribution and logistics solutions to numerous multinational companies within the chemical and plastic industries. Quantix was founded in 1965 and is based in the Woodlands, Texas.


DEAL STATS #
Overall 4 of 12
Sector: Transportation M&A 3 of 9
Type: Add-on Acquisition M&A Deals 4 of 12
State: Illinois M&A 1 of 2
Country: United States M&A 4 of 12
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-19 Plantgistix

Houston, Texas, United States

Plantgistix is a provider of packaging, warehousing, and full-scale export services dedicated to the plastic resin industry. Plantgistix is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-18 L. T. Harnett Trucking

Kinsman, Ohio, United States

L. T. Harnett Trucking is a provider of bulk liquid transportation and logistics services to the chemical industry. L. T. Harnett Trucking was founded in 1944 and is based in Kinsman, Ohio.

Buy -