M&A Deal Summary

ArcBest Acquires Peak Innovation Center

On May 7, 2021, ArcBest acquired education company Peak Innovation Center

Acquisition Highlights
  • This is ArcBest’s 1st transaction in the Education sector.
  • This is ArcBest’s 4th transaction in the United States.
  • This is ArcBest’s 1st transaction in Arizona.

M&A Deal Summary
Date 2021-05-07
Target Peak Innovation Center
Sector Education
Buyer(s) ArcBest
Deal Type Add-on Acquisition

Target

Peak Innovation Center

Fort Smith, Arizona, United States
Peak Innovation Center is a regional career and technology center. Peak Innovation Center is based in Fort Smith, Arizona.

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Buyer(S) 1

Buyer

ArcBest

Fort Smith, Arkansas, United States
Category Company
Founded 1923
Sector Transportation
Employees15,000
Revenue 4.4B USD (2023)
DESCRIPTION

ArcBest is a provider of logistics and transportation services. ArcBest was incorporated in 1923 and is based in Fort Smith, Arkansas.

DEAL STATS #
Overall 4 of 6
Sector (Education) 1 of 1
Type (Add-on Acquisition) 4 of 6
State (Arizona) 1 of 1
Country (United States) 4 of 6
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-05 Smart Lines Transportation Group

Oklahoma City, Oklahoma, United States

Smart Lines Transportation Group LLC is a truckload brokerage firm.

Buy $5M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-29 MoLo

Chicago, Illinois, United States

MoLo Solutions is a third-party logistics company with a mission to deliver experience in transportation. MoLo provides a better experience for drivers and carriers in our network and offers service to customer partners.

Buy -
Mergr

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