M&A Deal Summary

Lineage Acquires Crystal Creek Logistics

On May 20, 2021, Lineage acquired transportation company Crystal Creek Logistics

Acquisition Highlights
  • This is Lineage’s 12th transaction in the Transportation sector.
  • This is Lineage’s 24th transaction in the United States.
  • This is Lineage’s 5th transaction in Washington.

M&A Deal Summary
Date 2021-05-20
Target Crystal Creek Logistics
Sector Transportation
Buyer(s) Lineage
Deal Type Add-on Acquisition
Advisor(s) Lakeside Partners (Financial)

Target

Crystal Creek Logistics

Ferndale, Washington, United States
Crystal Creek Logistics specializes in fulfillment, logistics, and shipping services for direct-to-consumer e-commerce companies with perishable products. The company offers dedicated client support, sustainable operations, and innovative solutions. As a certified B-Corp, Crystal Creek is committed to socially responsible business practices. Partners of Crystal Creek have access to a leading and national system of warehouses that provide maximum reach and efficiency to reduce costs and increase efficiency which allows customers to focus more energy on growing their business. Crystal Creek Logistics was formed in 2008 and is based in Ferndale, Washington.

Search 201,157 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

Lineage

Novi, Michigan, United States
Category Company
Founded 2012
Sector Real Estate
Revenue 5.3B USD (2023)
DESCRIPTION

Lineage is a warehousing and logistics company built to deliver sophisticated, customized, and dependable cold supply solutions for a variety of customers worldwide. Lineage was founded in 2012 and is based in Novi, Michigan.

DEAL STATS #
Overall 32 of 44
Sector (Transportation) 12 of 18
Type (Add-on Acquisition) 23 of 33
State (Washington) 5 of 5
Country (United States) 24 of 27
Year (2021) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-05 Frinavarra

Milagro, Spain

Frinavarra is an operator of refrigerated warehousing and storage facilities headquartered in Milagro (Navarra), Spain. Founded in 1987, its services include blast freezing, tempering, and modified atmosphere storage services, among other critical offerings for food and beverage customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-08 Kloosterboer

Rotterdam, Netherlands

Kloosterboer is a front-runner in logistics services in Western Europe for temperature controlled food products (including fish, meat, fruit, fruit juices and concentrates, dairy and potato products). The Company specialise in storage, stevedoring, logistics, handling customs formalities, and logistical IT solutions. Kloosterboer was founded in 1925 and is based in Rotterdam, Netherlands.

Buy -
Mergr

Product

Company

Legal