M&A Deal Summary

J&R Schugel Trucking Acquires Super Service

On March 31, 2019, J&R Schugel Trucking acquired transportation company Super Service from Wayzata Investment Partners

Acquisition Highlights
  • This is J&R Schugel Trucking’s 1st transaction in the Transportation sector.
  • This is J&R Schugel Trucking’s 1st transaction in the United States.
  • This is J&R Schugel Trucking’s 1st transaction in Michigan.

M&A Deal Summary
Date 2019-03-31
Target Super Service
Sector Transportation
Buyer(s) J&R Schugel Trucking
Sellers(s) Wayzata Investment Partners
Deal Type Add-on Acquisition

Target

Super Service

Grand Rapids, Michigan, United States
Super Service LLC is an operator of a trucking and logistics company that provides services across the continental United States. Super Service is based in Grand Rapids, Michigan.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

J&R Schugel Trucking

New Ulm, Minnesota, United States
Category Company
Founded 1974
Sector Transportation
DESCRIPTION

J&R Schugel Trucking, Inc. is a provider of truckload transportation services and logistics services. J&R Schugel Trucking was founded in 1974 is based in New Ulm, Minnesota.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Wayzata Investment Partners

Plymouth, Minnesota, United States

Investor

Category Private Equity Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

Wayzata Investment Partners is a private equity group focused on acquiring controlling interests in companies through distressed debt investing. The Firm targets companies valued between $100 million and $1 billion. Wayzata was formed in 2004 and is based in Wayzata, Minnesota.

DEAL STATS #
Overall 20 of 22
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 12 of 12
State (Michigan) 3 of 3
Country (United States) 20 of 22
Year (2019) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-28 The Majestic Star Casino

Las Vegas, Nevada, United States

The Majestic Star Casino LLC is a regional gaming company that owns and operates three casino properties: Majestic Star and Majestic Star II located at Buffington Harbor in Gary, Indiana, Fitzgerald’s Hotel & Casino in Tunica County, Mississippi. Majestic Star’s properties are well established within their markets, each having been in operations for more than ten years.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-10 Propex Operating

Chattanooga, Tennessee, United States

Propex Operating is a manufacturer of the primary carpet backing and secondary carpet backing. The Company is also a producer of woven and non-woven polypropylene fabrics for use in furniture, bedding, automotive, geotextile, and other industrial fabrics applications. Propex Operating was founded in 1884 and is based in Chattanooga, Tennessee.

Sell -
Mergr

Product

Company

Legal