M&A Deal Summary

Ascend Leasing Acquires Dedicated Transportation Solutions

On January 25, 2022, Ascend Leasing acquired transportation company Dedicated Transportation Solutions

Acquisition Highlights
  • This is Ascend Leasing’s 2nd transaction in the Transportation sector.
  • This is Ascend Leasing’s 2nd transaction in the United States.
  • This is Ascend Leasing’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2022-01-25
Target Dedicated Transportation Solutions
Sector Transportation
Buyer(s) Ascend Leasing
Deal Type Add-on Acquisition

Target

Dedicated Transportation Solutions

Greenville, South Carolina, United States
Dedicated Transportation Solutions provide a high service level and cost-focused alternative to the manufacturer or shipper who operates a private fleet today. The company's niche is where others fear to tread - high touch movements, hazardous materials, flatbeds, fast perishable food items, and other complex movements. Dedicated Transportation Solutions was formed in Greenville, South Carolina.

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Buyer(S) 1

Buyer

Ascend Leasing

Nashville, Tennessee, United States
Category Company
Founded 1969
Sector Transportation
DESCRIPTION

Ascend Leasing is a provider of regional transportation and logistics solutions, specializing in truckload and warehousing and distribution services. Ascend Leasing was founded in 1969 and is based in Nashville, Tennessee.

DEAL STATS #
Overall 2 of 3
Sector (Transportation) 2 of 3
Type (Add-on Acquisition) 2 of 3
State (South Carolina) 1 of 1
Country (United States) 2 of 3
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-25 J & B Services

Tupelo, Mississippi, United States

J & B Services provides customers with logistics and transportation services. J & B Services was founded in 1986 and is based in Tupelo, Mississippi.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-07 Fuchs Trucking

Sauk City, Wisconsin, United States

Fuchs Trucking is focused on serving customers in the building materials and furniture sectors by offering dedicated capacity with specialized dry van configurations. Fuchs Trucking was formed in 1955 and is based in Sauk City, Wisconsin.

Buy -
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