M&A Deal Summary

Knight-Swift Transportation Acquires Eleos Technologies

On February 1, 2021, Knight-Swift Transportation acquired software company Eleos Technologies

Acquisition Highlights
  • This is Knight-Swift Transportation’s 1st transaction in the Software sector.
  • This is Knight-Swift Transportation’s 4th transaction in the United States.
  • This is Knight-Swift Transportation’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2021-02-01
Target Eleos Technologies
Sector Software
Buyer(s) Knight-Swift Transportation
Deal Type Add-on Acquisition

Target

Eleos Technologies

Greenville, South Carolina, United States
Eleos Technologies is a software provider that creates an independent and programmable mobile driver workflow platform for trucking fleets and truck operators. The platform integrates with a wide variety of telematics, fleet management, and dispatch systems. Eleos Technologies was founded in 2011 and is based in Greenville, South Carolina.

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

Knight-Swift Transportation

Phoenix, Arizona, United States
Category Company
Founded 1989
Sector Transportation
Employees34,300
Revenue 7.1B USD (2023)
DESCRIPTION
Entrance to Knight Transportation's corporate headquarters in Phoenix, Arizona.
Entrance to Knight Transportation's corporate headquarters in Phoenix, Arizona.

Knight-Swift Transportation is a provider of multiple truckload transportation and logistics services that uses a national network of service centers to serve customers throughout North America. Knight also contracts with third-party equipment providers to provide a broad range of truckload services to its customers. Knight-Swift was formed in 1989 and is based in Phoenix, Arizona.

DEAL STATS #
Overall 4 of 7
Sector (Software) 1 of 1
Type (Add-on Acquisition) 3 of 6
State (South Carolina) 1 of 1
Country (United States) 4 of 7
Year (2021) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-10 Swift Transportation

Phoenix, Arizona, United States

Swift Transportation Co. is a transportation services company, operating a fleet of truckload equipment within the North American market. Swift principally operates in short- to medium-haul traffic lanes around its terminals and dedicated customer locations. Swift's suite of service offerings include line-haul services, dedicated customer contracts, temperature-controlled units, intermodal freight solutions, cross-border United States/Mexico and United States/Canada freight, flatbed hauling, freight brokerage and logistics. Swift Transportation Co. was formed in 1966 and is based in Phoenix, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 UTXL

Kansas City, Missouri, United States

UTXL is a premier third-party logistics company, specializing in over-the-road full truckload and multi-stop loads in any length of haul throughout the United States, Canada, and Mexico. UTXL is based in Kansas City, Missouri.

Buy $23M
Mergr

Product

Company

Legal