M&A Deal Summary

Ascend Leasing Acquires J & B Services

On October 25, 2018, Ascend Leasing acquired transportation company J & B Services

Acquisition Highlights
  • This is Ascend Leasing’s 1st transaction in the Transportation sector.
  • This is Ascend Leasing’s 1st transaction in the United States.
  • This is Ascend Leasing’s 1st transaction in Mississippi.

M&A Deal Summary
Date 2018-10-25
Target J & B Services
Sector Transportation
Buyer(s) Ascend Leasing
Deal Type Add-on Acquisition

Target

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.

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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 1 of 3
Sector (Transportation) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (Mississippi) 1 of 1
Country (United States) 1 of 3
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-25 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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