M&A Deal Summary

Direct Connect Logistix Acquires Performance Logistics

On February 21, 2022, Direct Connect Logistix acquired transportation company Performance Logistics

Acquisition Highlights
  • This is Direct Connect Logistix’s 1st transaction in the Transportation sector.
  • This is Direct Connect Logistix’s 1st transaction in the United States.
  • This is Direct Connect Logistix’s 1st transaction in Utah.

M&A Deal Summary

Date 2022-02-21
Target Performance Logistics
Sector Transportation
Buyer(s) Direct Connect Logistix
Deal Type Add-on Acquisition

Target

Performance Logistics

Draper, Utah, United States
Performance Logistics is a third-party logistics company that specializes in providing temperature-controlled food and beverage transportation services. Performance Logistics was founded in 2015 and is based in Draper, Utah.

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Buyer(S) 1

Buyer

Direct Connect Logistix

Indianapolis, Indiana, United States

Category Company
Founded 2009
Sector Transportation
DESCRIPTION

Direct Connect Logistix is a nationwide transportation and logistics services company led by co-founder and CEO Roger Singh, co-founder and President Greg Humrichouser and Vice President John Leininger. DCL is a premier provider of domestic brokerage services for shippers across the U.S. Direct Connect Logistix was founded in 2009 and is based in Indianapolis, Indiana.


DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1