Divestiture • Transportation

J.H. Rose Logistics Acquires Stagecoach Carthage & Distribution

On April 1, 2020, J.H. Rose Logistics acquired transportation company Stagecoach Carthage & Distribution from Roadrunner Transportation

Acquisition Context
  • This is J.H. Rose Logistics’ 1st transaction in the Transportation sector.
  • This is J.H. Rose Logistics’ 1st transaction in the United States.
  • This is J.H. Rose Logistics’ 1st transaction in Texas.

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M&A Deal Summary

Date April 1, 2020
Target Stagecoach Carthage & Distribution
Sector Transportation
Buyer(s) J.H. Rose Logistics
Sellers(s) Roadrunner Transportation
Deal Type Divestiture

Target Company

Stagecoach Carthage & Distribution

El Paso, Texas, United States
Stagecoach Carthage & Distribution LLC provides reliable dry van over-the-road and local cartage as well as warehousing services to a broad range of customers in the bulk resin and general freight markets. Stagecoach Carthage & Distribution was formed in 1986 and is based in El Paso, Texas.
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Buyer Overview 1

Buyer

J.H. Rose Logistics

Santa Teresa, New Mexico, United States

Category Company
Founded 1938
Sector Transportation
DESCRIPTION

J.H. Rose Logistics LLC is a third-party (3PL) logistics company committed to providing innovative services to customers. The company has the capacity, financial stability, knowledge, and resources to handle transportation and distribution needs. It offers a full array of services and adds value to the supply chain through custom solutions, competitive rates, experience, and excellent service. J.H. Rose Logistics was formed in 1938 and is based in Santa Teresa, New Mexico.


Deal Context for Buyer #
Overall 1 of 1
Sector: Transportation 1 of 1
Type: Divestiture 1 of 1
State: Texas 1 of 1
Country: United States 1 of 1
Year: 2020 1 of 1

Seller Profile 1

SELLER

Roadrunner Transportation

Downers Grove, Illinois, United States

Category Company
Founded 2005
Sector Transportation
Employees3,600
Revenue 1.8B USD (2019)
DESCRIPTION

Roadrunner Transportation is an asset-light transportation and supply chain solutions provider offering a full suite of services, including less-than-truckload, truckload, temperature-controlled, intermodal, expedited, and domestic and international air. Roadrunner Transportation was founded in 2005 and is based in Downers Grove, Illinois.


Deal Context for Seller #
Overall 5 of 5
Sector: Transportation 4 of 4
Type: Divestiture 4 of 4
State: Texas 1 of 1
Country: United States 5 of 5
Year: 2020 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-28 Prime Distribution Services

Indianapolis, Indiana, United States

Prime Distribution Services, Inc. provides a comprehensive suite of retail consolidation solutions, with five food-grade warehouse facilities strategically located across the nation and a team of retail supply chain experts dedicated to helping clients achieve compliance with large U.S. retailer delivery and in-stock requirements. Prime Distribution Services was founded in 1990 and is base din Indianapolis, Indiana.

Sell $225M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-17 JoJe Bars

Encinitas, California, United States

JoJe Bars are Gluten-free and made with the finest Non-GMO and Organic ingredients, never using artificial preservatives. Its bars provide the perfect source of long-lasting energy using a combination of carbohydrates and protein sources such as Honey, Brown Rice Syrup, and Nut Butters. JoJe Bars was formed in 2014 and is based in Encinitas, California.

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