M&A Deal Summary

JB Hunt Acquires Cory 1st Choice Home Delivery

On January 9, 2019, JB Hunt acquired transportation company Cory 1st Choice Home Delivery for 100M USD

Acquisition Highlights
  • This is JB Hunt’s 2nd transaction in the Transportation sector.
  • This is JB Hunt’s 2nd largest (disclosed) transaction.
  • This is JB Hunt’s 2nd transaction in the United States.
  • This is JB Hunt’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2019-01-09
Target Cory 1st Choice Home Delivery
Sector Transportation
Buyer(s) JB Hunt
Deal Type Add-on Acquisition
Deal Value 100M USD

Target

Cory 1st Choice Home Delivery

Secaucus, New Jersey, United States
Cory 1st Choice Home Delivery is a provider of home delivery services of big and bulky products in the continental United States and U.S. territories using 14 warehouses and other customer-owned facilities. Cory 1st Choice Home Delivery was founded in 1934 and is based in Secaucus, New Jersey.

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Buyer(S) 1

Buyer

JB Hunt

Lowell, Arkansas, United States
Category Company
Founded 1961
Sector Transportation
Employees34,718
Revenue 12.8B USD (2023)
DESCRIPTION
Entrance to J.B. Hunt's corporate headquarters in Lowell, Arkansas.
Entrance to J.B. Hunt's corporate headquarters in Lowell, Arkansas.

JB Hunt is a provider of transportation services to a diverse group of customers throughout the continental United States, Canada and Mexico. JB Hunt was formed in 1961 and is based in Lowell, Arkansas.

DEAL STATS #
Overall 2 of 6
Sector (Transportation) 2 of 6
Type (Add-on Acquisition) 2 of 4
State (New Jersey) 1 of 1
Country (United States) 2 of 6
Year (2019) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-21 Special Logistics Dedicated

Houston, Texas, United States

Special Logistics Dedicated LLC is a transportation services provider. SLD service offerings include dedicated transportation at both dedicated and multi-use sites; cross-docking and contract logistics; less than truckload product consolidation; commingled pool distribution. Special Logistics Dedicated LLC is headquartered in Houston, Texas.

Buy $136M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-02 RDI Last Mile

South Easton, Massachusetts, United States

RDI Last Mile Co. is a provider of home delivery services of big and bulky products in the Northeast region of the U.S. RDI Last Mile was founded in 1986 and is based in South Easton, Massachusetts.

Buy -
Mergr

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