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  6. Bridgeway Acquires SmartWay Transportation

M&A Deal Summary

Bridgeway Acquires SmartWay Transportation

On March 14, 2022, Bridgeway acquired transportation company SmartWay Transportation

Acquisition Highlights
  • This is Bridgeway’s 2nd transaction in the Transportation sector.
  • This is Bridgeway’s 2nd transaction in the United States.
  • This is Bridgeway’s 1st transaction in Kansas.

M&A Deal Summary
Date 2022-03-14
Target SmartWay Transportation
Sector Transportation
Buyer(s) Bridgeway
Deal Type Add-on Acquisition

Target

SmartWay Transportation

Overland Park, Kansas, United States
SmartWay Transportation is a freight brokerage provider, that offers mainly full and partial truckload (flatbed, reefer, specialty, and dry van) transportation brokerage and logistics services through a national network of carrier partners. The company handles shipments for over 800 customers across various end markets in partnership with a vast network of nationwide carriers. SmartWay Transportation was founded in 2010 and is based in Overland Park, Kansas.

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Buyer(S) 1

Buyer

Bridgeway

Moon Township, Pennsylvania, United States
Category Company
Founded 1988
Sector Transportation
DESCRIPTION

Bridgeway is an asset-light transportation and logistics company that transports or arranges transport of heavy and over-dimensional freight for large and high-growth end markets serving the energy, infrastructure, and industrial sectors. Bridgeway was founded in 1988 and is based in Moon Township, Pennsylvania.

DEAL STATS #
Overall 2 of 2
Sector: Transportation M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Kansas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-30 Jones Motor Group

Limerick, Pennsylvania, United States

Jones is an asset-light transportation and logistics company with a diversified freight profile that includes flatbed, heavy-haul, dry van, refrigerated, as well as LTL. Jones is the oldest common carrier in the U.S., with operations dating back to 1894.

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