Ryder System - M&A Summary and Business Overview

TransportationCompany

Ryder System M&A Summary

Ryder System has acquired 27 companies, including 6 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset.

Ryder System’s largest acquisition to date was in 2021, when it acquired PLG Investments I for $480M. Ryder System has acquired in 14 different US states, and 4 countries. The Company’s most targeted sectors include transportation (71%) and business services (15%).

Ryder System Business Overview

Where is Ryder System headquartered?

Ryder System is headquartered in Miami, Florida.

What is Ryder System’s revenue?

Ryder System disclosed revenue of 12,011M USD for 2022 and 9,663M USD for 2021.

How many employees does Ryder System have?

Ryder System has 39,000 employees.

What sector is Ryder System in?

Ryder System is a transportation company.

When was Ryder System founded?

Ryder System was founded in 1933.

M&A Summary

  • M&A Total Activity28
    • M&A Buy Activity27
    • M&A Sell Activity1
  • Total Sectors Invested 6
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 6
  • M&A Advisors 3

Ryder System

Ryder System, Inc.

11690 NW 105th Street,
Miami, Florida 33178
United States,
(305) 500-3726
www.ryder.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.2/yr) # 21 - 2 2 1 1 27
vol $807M $480M $1.3B
Sell (0.2/yr) # - - - 1 - - 1
  28

Most Recent M&A

Company Date Value Type
Cardinal Logistics Management Corp. 2024-02-01 - Add-on Acquisition
Concord, North Carolina · www.cardlog.com
IFS Holdings LLC 2023-10-23 - Add-on Acquisition
Burlington, North Carolina · www.impactfs.com
Dotcom Distribution 2022-11-02 - Add-on Acquisition
Edison, New Jersey · www.dotcomdist.com
Baton Trucking, Inc. 2022-08-31 - Add-on Acquisition
San Francisco, California · www.baton.io
Ryder System - Trailer Leasing & Maintenance Business 2022-04-13 - Divestiture
Miami, Florida
PLG Investments I LLC 2021-12-13 480M USD Divestiture
City of Industry, California · www.whiplash.com
Midwest Warehouse & Distribution System 2021-10-27 - Add-on Acquisition
Woodridge, Illinois · www.midwestwarehouse.com
Metro Truck & Tractor Leasing, Inc. 2018-06-18 - Add-on Acquisition
Beltsville, Maryland · www.metrotruck.com
MXD Group, Inc. 2018-04-03 120M USD Add-on Acquisition
Westerville, Ohio · www.mxdgroup.com
Dallas Service Center, Inc. (DSC Truck Services) 2017-10-11 - Add-on Acquisition
Dallas, Texas · www.dsctruck.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Transportation 19 (70%) 850M (66%) - -
Business Services 4 (15%) 437M (34%) 1 (100%) -
Automotive 1 (4%) - - -
Distribution 1 (4%) - - -
Diversified 1 (4%) - - -
Packaging 1 (4%) - - -
Total 27 $1.3B 1 -

By Geo

State/Country Buy Value Sell Value
United States 21 1.1B 1 -
  California 5 480M - -
  Florida 2 200M 1 -
  Iowa 2 250M - -
  North Carolina 2 - - -
  Michigan 1 - - -
  Massachusetts 1 - - -
  Maryland 1 - - -
  Illinois 1 - - -
  Connecticut 1 - - -
  Texas 1 - - -
  Pennsylvania 1 - - -
  Ohio 1 120M - -
  New York 1 - - -
  New Jersey 1 - - -
Canada 3 - - -
  British Columbia 2 - - -
  Ontario 1 - - -
United Kingdom 2 237M - -
Singapore 1 - - -
Domestic 21 (78%) 1.1B (82%) 1 (100%) -
Cross-border 6 (22%) 237M (18%) - -
Total 27 $1.3B 1 -

Top M&A Advisors

Financial Deals
Wofford Advisors LLC
1
Legal Deals
Blank Rome
3
Gunster, Yoakley & Stewart, P.A.
1

Deal Values

buy # Total
$100M to $1B 6 $1.3B
TOTAL $1.3B
Largest PLG Investments I LLC
$480M (2021-12-13)

M&A Connections

Deals
Acquired from
Investor(s)
7%
2 (7%)
Strategic(s)
11%
3 (11%)
Divested to
Strategic(s)
100%
1 (100%)

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