M&A Deal Summary

EVO Transportation & Energy Services Acquires The Ritter Companies

On September 20, 2019, EVO Transportation & Energy Services acquired transportation company The Ritter Companies

Acquisition Highlights
  • This is EVO Transportation & Energy Services’ 4th transaction in the Transportation sector.
  • This is EVO Transportation & Energy Services’ 4th transaction in the United States.
  • This is EVO Transportation & Energy Services’ 1st transaction in Maryland.

M&A Deal Summary
Date 2019-09-20
Target The Ritter Companies
Sector Transportation
Buyer(s) EVO Transportation & Energy Services
Deal Type Add-on Acquisition

Target

The Ritter Companies

Laurel, Maryland, United States
The Ritter Companies are comprised of three divisions to fulfill the varying needs of our customers: John W. Ritter Trucking, Ritter Transport, Inc. (formerly Semi-Express), Ritter Transportation Systems. The company provides freight trucking services to non-government entities, along with a freight brokerage business.

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Buyer(S) 1

Buyer

EVO Transportation & Energy Services

Peoria, Arizona, United States
Category Company
Sector Diversified
DESCRIPTION

EVO Transportation & Energy Services, Inc. is an alternative fuel services company and emerging transportation operator. EVO operates, five strategically located CNG refueling stations located in Jurupa Valley, CA; Fort Worth, TX; Oak Creek, WI; Tolleson, AZ; and San Antonio, TX that accommodate class 8 trucks and trailers.

DEAL STATS #
Overall 4 of 4
Sector (Transportation) 4 of 4
Type (Add-on Acquisition) 4 of 4
State (Maryland) 1 of 1
Country (United States) 4 of 4
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-25 Finkle Transport

Clifton, New Jersey, United States

Finkle Transport provides freight transportation services for the United States Postal Service (USPS), along with various non-governmental entities.

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