M&A Deal Summary |
|
---|---|
Date | 2021-12-13 |
Target | Whiplash |
Sector | Transportation |
Buyer(s) | Ryder System |
Sellers(s) | Port Logistics Group |
Deal Type | Divestiture |
Deal Value | 480M USD |
Advisor(s) | J.P. Morgan Securities (Financial) Paul Hastings (Legal) |
SEARCH BY
Try For Free 7-Day Free Trial
Category | Company |
---|---|
Founded | 1933 |
Sector | Transportation |
Employees | 39,000 |
Revenue | 12.0B USD (2022) |
Ryder System is a global provider of commercial fleet management and supply chain solutions. Ryder operates in two business segments: Fleet Management Solutions (FMS), which provides full service leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers principally in the U.S., Canada and the U.K.; and Supply Chain Solutions (SCS), which provides comprehensive supply chain solutions including distribution and transportation services in North America and Asia. The SCS segment also provides dedicated services, which includes vehicles and drivers as part of a dedicated transportation solution in the U.S. Ryder's customers range from small businesses to large international enterprises. Ryder System was founded in 1933 and is based in Miami, Florida.
DEAL STATS | # |
---|---|
Overall | 23 of 27 |
Sector (Transportation) | 17 of 19 |
Type (Divestiture) | 3 of 3 |
State (California) | 4 of 5 |
Country (United States) | 17 of 21 |
Year (2021) | 2 of 2 |
Size (of disclosed) | 1 of 6 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-10-27 |
Midwest Warehouse & Distribution System
Woodridge, Illinois, United States Midwest Warehouse & Distribution System provides warehousing, distribution, and transportation solutions primarily for food, beverage, and consumer packaged goods (CPG) companies. Midwest Warehouse & Distribution System was founded in 1982 and is based in Woodridge, Illinois. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-04-13 |
Ryder System - Trailer Leasing & Maintenance Business
Miami, Florida, United States Trailer Leasing & Maintenance Business offers bumper-to-bumper maintenance even tires and brakes that are considered wear and tear equipment coverage on new and pre-owned trucks, tractors, and trailers. The industry’s only solution that gives you the ability to choose the truck lease you need with the built-in truck maintenance that fits your business. |
Sell | - |
Category | Company |
---|---|
Founded | 2008 |
Sector | Transportation |
Port Logistics Group, Inc. is a provider of logistics services that support major retailers and retail manufacturers at all major U.S. port locations with experienced teams, leading-edge technology, and nearly 5 million square feet of multi-client and dedicated warehouse space. Port Logistics Group was founded in 2008 and is based in City of Industry, California.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Transportation) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (California) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2021) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-04-24 |
Whiplash
City of Industry, California, United States Whiplash is an e-commerce technology company providing best-in-class integration, order management system (OMS), and warehouse management system (WMS) capabilities to emerging brands. Whiplash was founded in 2009 and is based in the City of Industry, California. |
Buy | - |