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  6. IMC COMPANIES Acquires Progressive Transportation Services

M&A Deal Summary

IMC COMPANIES Acquires Progressive Transportation Services

On July 1, 2016, IMC COMPANIES acquired transportation company Progressive Transportation Services

Acquisition Highlights
  • This is IMC COMPANIES’s 2nd transaction in the Transportation sector.
  • This is IMC COMPANIES’s 2nd transaction in the United States.
  • This is IMC COMPANIES’s 1st transaction in California.

M&A Deal Summary
Date 2016-07-01
Target Progressive Transportation Services
Sector Transportation
Buyer(s) IMC COMPANIES
Deal Type Add-on Acquisition

Target

Progressive Transportation Services

Long Beach, California, United States
Progressive Transportation Services, Inc. is a container drayage company, that provides container transloading and warehousing services.

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Buyer(S) 1

Buyer

IMC COMPANIES

Memphis, Tennessee, United States
Category Company
Founded 1982
Sector Transportation
DESCRIPTION

IMC COMPANIES LLC is a network of intermodal logistics businesses providing an array of services including container drayage, customs brokerage, truck brokerage, freight forwarding, warehousing, chassis provisioning and secured container storage.

DEAL STATS #
Overall 2 of 2
Sector: Transportation M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-09 Express America Trucking

Memphis, Tennessee, United States

Express America Trucking, Inc. is a provider of intermodal, truckload, flatbed and yard management services.

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