M&A Deal Summary

Legacy Supply Chain Acquires Direct Shot Distributing

On June 21, 2019, Legacy Supply Chain acquired transportation company Direct Shot Distributing from Harbert Mezzanine Capital

Acquisition Highlights
  • This is Legacy Supply Chain’s 2nd transaction in the Transportation sector.
  • This is Legacy Supply Chain’s 2nd transaction in the United States.
  • This is Legacy Supply Chain’s 1st transaction in Indiana.

M&A Deal Summary
Date 2019-06-21
Target Direct Shot Distributing
Sector Transportation
Buyer(s) Legacy Supply Chain
Sellers(s) Harbert Mezzanine Capital
Deal Type Add-on Acquisition

Target

Direct Shot Distributing

Franklin, Indiana, United States
Direct Shot Distributing, Inc. is a third party logistics (3PL) service provider offering omnichannel solutions to a diverse group of clients. Direct Shot Distributing, Inc. was founded in 2011 and is based in Franklin, Indiana.

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Buyer(S) 1

Buyer

Legacy Supply Chain

Reno, Nevada, United States
Category Company
Founded 1983
Sector Transportation
DESCRIPTION

Legacy Supply Chain is a dedicated logistics partner to clients across the U.S. and Canada. Legacy provides customized, high-service 3PL solutions including warehousing & distribution, e-commerce fulfillment, transportation brokerage, and dedicated fleet. Legacy specializes in solving complex logistics challenges for clients with dynamic supply chains - including retailers, manufacturers of consumer and industrial goods, and distributors & wholesalers. Legacy Supply Chain was founded in 1983 and is based in Reno, Nevada.

DEAL STATS #
Overall 2 of 2
Sector (Transportation) 2 of 2
Type (Add-on Acquisition) 1 of 1
State (Indiana) 1 of 1
Country (United States) 2 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-12 Vitran Corp - Supply Chain Operation Division

United States

Vitran Corporation Inc.'s Supply Chain Operation (Vitran SCO), a North American third-party supply chain provider specializing in complex, high-velocity logistics networks servicing leading North American Retailers.

Buy -

Seller(S) 1

SELLER

Harbert Mezzanine Capital

Investor Investor Investor Investor

Category Mezzanine Finance Firm
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Harbert Mezzanine Capital is the junior capital investment arm of asset manager Harbert Management Corporation. Harbert Mezzanine looks to invest $3 to $15 million of subordinated debt to support growth needs, acquisitions, recapitalizations, or management buyouts of mid-sized companies throughout the US. Harbert Mezzanine Capital is based in Nashville, Tennessee.

DEAL STATS #
Overall 3 of 12
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 4
State (Indiana) 1 of 2
Country (United States) 3 of 12
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-17 Medical Indicators

Hamilton, New Jersey, United States

Medical Indicators is a manufacturer of disposable and reusable medical thermometers. The product uses liquid crystal technically to provide a low cost and extremely accurate method of taking human temperatures. Medical Indicators was founded in 1988 and is based in Hamilton, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-21 Trapp Technology

Phoenix, Arizona, United States

Trapp Technology is a full-scale technology company that provides enterprise-level private cloud, redundant blended bandwidth Internet, professional IT and managed services, Voice over IP, disaster recovery, and hardware to mainstream small, medium, and large organizations and data centers worldwide at an affordable price. Trapp Technology was founded in 2007 and is based in Phoenix, Arizona.

Buy -
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