M&A Deal Summary

CLP Towne Acquires HBI Transportation Services

On November 18, 2010, CLP Towne acquired transportation company HBI Transportation Services

Acquisition Highlights
  • This is CLP Towne’s 1st transaction in the Transportation sector.
  • This is CLP Towne’s 1st transaction in the United States.
  • This is CLP Towne’s 1st transaction in Virginia.

M&A Deal Summary
Date 2010-11-18
Target HBI Transportation Services
Sector Transportation
Buyer(s) CLP Towne
Deal Type Add-on Acquisition

Target

HBI Transportation Services

Dulles, Virginia, United States
HBI Transportation Services, Inc. is a provider of transportation services in North America.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

CLP Towne

South Bend,, Indiana, United States
Category Company
Founded 1963
Sector Transportation
DESCRIPTION

Towne Air Freight LLC is a full-service trucking provider offering time-sensitive less-than-truckload shipping, full truckload service, an extensive cartage network, container freight stations and dedicated trucking.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
Mergr

Product

Company

Legal