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  6. GlobalTranz Acquires Circle 8 Logistics

M&A Deal Summary

GlobalTranz Acquires Circle 8 Logistics

On April 2, 2019, GlobalTranz acquired transportation company Circle 8 Logistics

Acquisition Highlights
  • This is GlobalTranz’s 8th transaction in the Transportation sector.
  • This is GlobalTranz’s 7th transaction in the United States.
  • This is GlobalTranz’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2019-04-02
Target Circle 8 Logistics
Sector Transportation
Buyer(s) GlobalTranz
Deal Type Add-on Acquisition
Advisor(s) Mesirow Financial (Financial)

Target

Circle 8 Logistics

Lombard, Illinois, United States
Circle 8 Logistics is a provider of multimodal transportation and logistics services throughout North America. Circle 8 Logistics was formed in 2001 and is based in Lombard,, Illinois.

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Buyer(S) 1

Buyer

GlobalTranz

Scottsdale, Arizona, United States
Category Company
Founded 2003
Sector Transportation
DESCRIPTION

GlobalTranz is a technology-driven freight brokerage company specializing in LTL, full truckload, third-party logistics, and expedited shipping services. GlobalTranz optimizes the efficiency of freight movement and matches shipper demand and carrier capacity in near real-time. Leveraging its extensive freight agent network, GlobalTranz has emerged as a fast-growing market leader with a customer base of over 25,000 shippers. In 2018, Transport Topics ranked GlobalTranz as the 10th largest freight brokerage firm in the U.S. GlobalTranz was founded in 2003 and is based in Scottsdale, Arizona.

DEAL STATS #
Overall 8 of 9
Sector (Transportation) 8 of 9
Type (Add-on Acquisition) 8 of 9
State (Illinois) 2 of 2
Country (United States) 7 of 8
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-16 Our Freight Guy

Riverside, California, United States

Our Freight Guy is a service-driven logistics solutions company. Our Freight Guy is based in Riverside, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-08 Taktik

Pleasanton, California, United States

Taktik is a service-driven freight brokerage and logistics solutions company that leverages technology to create successful shipping solutions for its customers. Taktik was founded in 2014 and is based in Pleasanton, California.

Buy -
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