M&A Deal Summary

Forward Air Acquires Value Logistics

On October 5, 2020, Forward Air acquired transportation company Value Logistics for 2M USD

Acquisition Highlights
  • This is Forward Air’s 8th transaction in the Transportation sector.
  • This is Forward Air’s 11th largest (disclosed) transaction.
  • This is Forward Air’s 8th transaction in the United States.
  • This is Forward Air’s 2nd transaction in Tennessee.

M&A Deal Summary
Date 2020-10-05
Target Value Logistics
Sector Transportation
Buyer(s) Forward Air
Deal Type Add-on Acquisition
Deal Value 2M USD

Target

Value Logistics

Memphis, Tennessee, United States
Value Logistics, Inc. is a provider of an intermodal drayage provider. Value Logistics was founded in 1996 and is based in Memphis, Tennessee.

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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 8 of 16
Sector (Transportation) 8 of 16
Type (Add-on Acquisition) 8 of 16
State (Tennessee) 2 of 2
Country (United States) 8 of 16
Year (2020) 2 of 2
Size (of disclosed) 11 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-16 CLW Delivery

Johnson City, Tennessee, United States

CLW Delivery specializes in last-mile logistics and in-home installation services for national retailers and manufacturers. CLW is headquartered in Johnson City, Tennessee.

Buy $6M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-12 Forward Air - Pool Distribution Business

Greeneville, Tennessee, United States

Forward Air's Pool Distribution Business provides services for retail, healthcare, parts distribution, hospitality, and other specialized industries. Forward Air's Pool Distribution Business is based in Greeneville, Tennessee.

Sell $20M
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