M&A Deal Summary

Forward Air Acquires BarOle Trucking

On November 3, 2021, Forward Air acquired transportation company BarOle Trucking

Acquisition Highlights
  • This is Forward Air’s 12th transaction in the Transportation sector.
  • This is Forward Air’s 12th transaction in the United States.
  • This is Forward Air’s 1st transaction in Wisconsin.

M&A Deal Summary

Date 2021-11-03
Target BarOle Trucking
Sector Transportation
Buyer(s) Forward Air
Deal Type Add-on Acquisition

Target

BarOle Trucking

Hudson, Wisconsin, United States
BarOle Trucking is a provider of Intermodal Carrier services. BarOle Trucking was founded in 1984 and is based in Hudson, Wisconsin.

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Buyer(S) 1

Buyer

Forward Air

Greeneville, Tennessee, United States

Category Company
Founded 1981
Sector Transportation
Employees4,014
Revenue 1.4B USD (2023)
DESCRIPTION

Forward Air is a provider of time-definite surface transportation and related logistics services. Forward Air operates three business segments, Forward Air, Inc., Forward Air Solutions, Inc. and Total Quality, Inc. Forward Air was incorporated in 1981 and is based in Greeneville, Tennessee.


DEAL STATS #
Overall 12 of 16
Sector (Transportation) 12 of 16
Type (Add-on Acquisition) 12 of 16
State (Wisconsin) 1 of 1
Country (United States) 12 of 16
Year (2021) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 TKI Intermodal

Minneapolis, Minnesota, United States

TKI Intermodal is specialize in intermodal trucking, depot services, and containers sales and modifications. TKI Intermodal is based in Minneapolis, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-09 Edgmon Trucking

Kent, Washington, United States

Edgmon Trucking is a privately held intermodal drayage provider. Edgmon Trucking services its business with approximately 70 trucks, predominantly operated by independent contractors. Edgmon Trucking is based in Kent, Washington.

Buy $22M