Add-on Acquisition • Transportation

Frontier Services Group Acquires Cheetah Logistics SARL

On April 15, 2015, Frontier Services Group acquired transportation company Cheetah Logistics SARL

Acquisition Context
  • This is Frontier Services Group’s 1st transaction in the Transportation sector.
  • This is Frontier Services Group’s 1st transaction in Congo.

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M&A Deal Summary

Date April 15, 2015
Target Cheetah Logistics SARL
Sector Transportation
Buyer(s) Frontier Services Group
Deal Type Add-on Acquisition

Target Company

Cheetah Logistics SARL

Congo
Cheetah Logistics SARL is a transportation company.
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Buyer Overview 1

Buyer

Frontier Services Group

Hong Kong, China

Category Company
Founded 1989
Sector Transportation
Employees2,362
Revenue 754M HKD (2024)
DESCRIPTION

Frontier Services Group is a logistics solutions provider in frontier markets. Serving sectors across oil and gas, mining and humanitarian relief organizations, FSG is able to support customer’s needs around moving goods, material and people in to, and out of, some of the fastest growing, but more difficult operating environments in a safe, reliable and cost-effective manner. Frontier Services Group was incorporated in 1989 and is based in Hong Kong, China.


Deal Context for Buyer #
Overall 2 of 3
Sector: Transportation 1 of 1
Type: Add-on Acquisition 2 of 3
Country: Congo 1 of 1
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-29 Phoenix Aviation

Nairobi, Kenya

Phoenix Aviation Ltd. is a private executive air charter company. Phoenix originally focused on the repair and maintenance of light aircraft within East Africa and air ambulance services; both of which still constitute a significant part of its business.

Buy $14M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-15 Maleth-Aero AOC

LQA3290, Malta

Maleth-Aero AOC Ltd. is a provider of aviation management services, including the management of aircraft flight and cargo operations, the staffing of qualified pilots and crews, and the provision of maintenance and insurance.

Buy -