M&A Deal Summary

Alabama Motor Express Acquires Powell Transport Solutions

On February 10, 2020, Alabama Motor Express acquired transportation company Powell Transport Solutions

Acquisition Highlights
  • This is Alabama Motor Express’ 1st transaction in the Transportation sector.
  • This is Alabama Motor Express’ 1st transaction in the United States.
  • This is Alabama Motor Express’ 1st transaction in Alabama.

M&A Deal Summary

Date 2020-02-10
Target Powell Transport Solutions
Sector Transportation
Buyer(s) Alabama Motor Express
Deal Type Add-on Acquisition

Target

Powell Transport Solutions

Midland City, Alabama, United States
Powell Transport Solutions LLC is a trucking asset firm specializing in refrigerated freight.

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Buyer(S) 1

Buyer

Alabama Motor Express

Ashford, Alabama, United States

Category Company
Founded 1988
Sector Transportation
DESCRIPTION

Alabama Motor Express, Inc. is a trucking and third-party logistics company providing solutions through a team of freight experts and a network of strong transportation relationships. Covering all 48 continental states and Canada with 250+ power units and 600+ trailers.


DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alabama) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1