M&A Deal Summary

C&L Services Acquires Knipfing Asphalt Solutions

On April 5, 2021, C&L Services acquired business services company Knipfing Asphalt Solutions

Acquisition Highlights
  • This is C&L Services’ 1st transaction in the Business Services sector.
  • This is C&L Services’ 1st transaction in the United States.
  • This is C&L Services’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2021-04-05
Target Knipfing Asphalt Solutions
Sector Business Services
Buyer(s) C&L Services
Deal Type Add-on Acquisition

Target

Knipfing Asphalt Solutions

Farmingdale, New Jersey, United States
Knipfing Asphalt Solutions is widely known for its asphalt restoration solutions and infrared asphalt repair, as well as offering custom parts for infrared equipment. Knipfing Asphalt Solutions was founded in 1996 and is based in Farmingdale, New Jersey.

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Buyer(S) 1

Buyer

C&L Services

Atlanta, Georgia, United States

Category Company
Founded 1997
Sector Transportation
DESCRIPTION

C&L Services is a provider of transportation and logistics services. C&L Services has a specific focus on moving truckload van and temperature-controlled shipments throughout the U.S., Canada, and Mexico. C&L Services was founded in 1997 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1