M&A Deal Summary

Echo Acquires BestWay Solutions

On October 17, 2007, Echo acquired transportation company BestWay Solutions

Acquisition Highlights
  • This is Echo’s 3rd transaction in the Transportation sector.
  • This is Echo’s 4th transaction in the United States.
  • This is Echo’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2007-10-17
Target BestWay Solutions
Sector Transportation
Buyer(s) Echo
Deal Type Add-on Acquisition

Target

BestWay Solutions

Vancouver, Massachusetts, United States
BestWay Solutions LLC is a provider of a transportation management solution for clients of all sizes. With decades of experience in the transportation industry, BestWay Solutions works on its clients' behalf to solve freight problems simply and easily.

Search 201,292 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

Echo

Chicago, Illinois, United States
Category Company
Founded 2005
Sector Transportation
Employees2,736
Revenue 2.5B USD (2020)
DESCRIPTION

Echo is a provider of technology-enabled transportation and supply chain management services. Echo maintains a proprietary, web-based technology platform that compiles and analyzes data from its network of over 50,000 transportation providers to serve 35,000 clients across a wide range of industries and simplify the critical tasks involved in transportation management. Echo was founded in 2005 and is based in Chicago, Illinois.

DEAL STATS #
Overall 4 of 17
Sector (Transportation) 3 of 14
Type (Add-on Acquisition) 4 of 17
State (Massachusetts) 1 of 3
Country (United States) 4 of 17
Year (2007) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-17 Mountain Logistics

Park City, Utah, United States

Mountain Logistics, Inc. (Transportation Management Group) is a transportation management outsourcing solution with over 200 West Coast clients. With access to over 50 LTL carriers and a consolidation program, Mountain Logistics is a complete transportation solution.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-15 Raytrans Distribution Services

Matteson, Illinois, United States

Raytrans Distribution Services, Inc. is a transportation brokerage firm.

Buy -
Mergr

Product

Company

Legal