M&A Deal Summary

Dicom Acquires Eastern Connection Operating

On September 9, 2015, Dicom acquired transportation company Eastern Connection Operating

Acquisition Highlights
  • This is Dicom’s 6th transaction in the Transportation sector.
  • This is Dicom’s 5th transaction in the United States.
  • This is Dicom’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2015-09-09
Target Eastern Connection Operating
Sector Transportation
Buyer(s) Dicom
Deal Type Add-on Acquisition

Target

Eastern Connection Operating

Woburn, Massachusetts, United States
Eastern Connection Operating, Inc. is a regional express parcel carrier in the Northeast U.S. Eastern Connection operates four main business units: Ground, Priority, Same Day and Logistics. The company utilizes 19 terminals and cross-dock facilities to handle shipments for B2B accounts.

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Buyer(S) 1

Buyer

Dicom

Dorval, Quebec, Canada

Category Company
Founded 2014
Sector Transportation
DESCRIPTION

Dicom is a provider of expedited transportation and logistics services. Dicom’s services include Courier, Less-than-Truckload, Truckload and Transportation Management Services operated under the Dicom Express, JiT and GoJiT brands. Dicom was founded in 2014 and is based in Dorval, Quebec.


DEAL STATS #
Overall 6 of 6
Sector (Transportation) 6 of 6
Type (Add-on Acquisition) 6 of 6
State (Massachusetts) 1 of 1
Country (United States) 5 of 5
Year (2015) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-04 Courier Express Enterprises

Syracuse, New York, United States

Courier Express Enterprises (“CXP”) is an asset-free provider of B2B last mile services. CXP utilizes a vast network of over 1,000 dedicated delivery providers to handle customer shipments in a 10-state service area that ranges from Maine to Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-09 EXTRA Express Cerritos

Brea, California, United States

Extra Express is a provider of comprehensive warehousing and related delivery services to blue-chip accounts throughout California. Extra operates four warehouse facilities and maintains access to a network of more than 300 delivery vehicles.

Sell -