M&A Deal Summary

ArcBest Acquires Smart Lines Transportation Group

On January 5, 2015, ArcBest acquired transportation company Smart Lines Transportation Group for 5M USD

Acquisition Highlights
  • This is ArcBest’s 3rd transaction in the Transportation sector.
  • This is ArcBest’s 3rd largest (disclosed) transaction.
  • This is ArcBest’s 3rd transaction in the United States.
  • This is ArcBest’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2015-01-05
Target Smart Lines Transportation Group
Sector Transportation
Buyer(s) ArcBest
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

Smart Lines Transportation Group

Oklahoma City, Oklahoma, United States
Smart Lines Transportation Group LLC is a truckload brokerage firm.

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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 3 of 6
Sector (Transportation) 3 of 4
Type (Add-on Acquisition) 3 of 6
State (Oklahoma) 1 of 1
Country (United States) 3 of 6
Year (2015) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-15 Panther Expedited Services

Medina, Ohio, United States

Panther Expedited Services, Inc. provides transportation and logistics services in North America. The company focuses on logistics services, including ground and air freight services. It offers ground services, such as door-to-door expedited ground service, truckload service, LTL freight services, elite services, and mode optimization; ground and specialized handling services; air freight and air charter services; and value-added services, such as shipping of dangerous goods, hold-for-pick-up, liftgate services, customs clearance, cargo insurance, and documentation services.

Buy $180M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-07 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.

Buy -