M&A Deal Summary

Central Freight Lines Acquires Volunteer Express

On March 23, 2020, Central Freight Lines acquired transportation company Volunteer Express

Acquisition Highlights
  • This is Central Freight Lines’ 1st transaction in the Transportation sector.
  • This is Central Freight Lines’ 1st transaction in the United States.
  • This is Central Freight Lines’ 1st transaction in Tennessee.

M&A Deal Summary
Date 2020-03-23
Target Volunteer Express
Sector Transportation
Buyer(s) Central Freight Lines
Deal Type Add-on Acquisition

Target

Volunteer Express

Nashville, Tennessee, United States
Volunteer Express, Inc. is a provider of transportation services. Volunteer Express, Inc. was founded in 1973 and is based in Nashville, Tennessee.

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Buyer(S) 1

Buyer

Central Freight Lines

Waco, Texas, United States
Category Company
Founded 1925
Sector Transportation
DESCRIPTION

Central Freight Lines, Inc. is a non-union less-than-truckload carrier specializing in regional overnight and second-day markets in the East Coast, Southeast, Southwest, Midwest, and West Coast and is now serving Mexico, Puerto Rico and Hawaii. Central Freight Lines was founded in 1925 and is based in Waco, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
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