M&A Deal Summary

Fusion Transport Acquires GTLI

On June 20, 2019, Fusion Transport acquired transportation company GTLI

Acquisition Highlights
  • This is Fusion Transport’s 2nd transaction in the Transportation sector.
  • This is Fusion Transport’s 2nd transaction in the United States.
  • This is Fusion Transport’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2019-06-20
Target GTLI
Sector Transportation
Buyer(s) Fusion Transport
Deal Type Merger
Advisor(s) Headwaters MB
Capstone Partners (Financial)
Benesch, Friedlander, Coplan & Aronoff (Legal)

Target

GTLI

Glen Rock, New Jersey, United States
GTLI provides retail vendor consolidation services in the industry with dedicated warehouses in New Jersey, Texas, and California. GTLi consolidates LTL shipments from multiple vendors for weekly truckload delivery. GTLI was formed in 1995 and is based in Glen Rock, New Jersey.

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Buyer(S) 1

Buyer

Fusion Transport

Rutherford, New Jersey, United States
Category Company
Founded 2019
Sector Transportation
DESCRIPTION

Fusion Transport provides a compelling warehousing and transportation solution to consumer packaged goods companies moving product into the country’s largest big box retailers and grocers. The company also offers a variety of other brokered transportation solutions. Fusion Transport was formed in 2019 and is based in Rutherford, New Jersey.

DEAL STATS #
Overall 2 of 2
Sector (Transportation) 2 of 2
Type (Merger) 2 of 2
State (New Jersey) 1 of 1
Country (United States) 2 of 2
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-20 AM Trans Expedite

Addison, Illinois, United States

AM Trans Expedite is a transportation company with a combination of proprietary network capacity and high-touch brokerage services. The company’s fleet includes over 300 pieces of equipment, making it an “asset-right” partner for shippers. AM Trans Expedite was founded in 2002 and is based in Addison, Illinois.

Buy -
Mergr

Product

Company

Legal