M&A Deal Summary

Linx Partners Acquires Elite Express

On December 16, 2016, private equity firm Linx Partners acquired transportation company Elite Express

Acquisition Highlights
  • This is Linx Partners’ 5th transaction in the Transportation sector.
  • This is Linx Partners’ 13th transaction in the United States.
  • This is Linx Partners’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2016-12-16
Target Elite Express
Sector Transportation
Buyer(s) Linx Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Elite Express

Pennsauken, New Jersey, United States
Elite Express offers load to deliver for volume less-than-truckload, truckload, and temperature-controlled freight shipments. The Company services a diverse customer base of pharmaceutical, medical, specialty chemical, food ingredients, and automotive shippers that value product integrity, security, and on-time delivery. Elite Express was founded in 1999 and is based in Pennsauken, New Jersey.

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Buyer(S) 1

Buyer

Linx Partners

Atlanta, Georgia, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 221M USD
Size Small
Type Sector Agnostic
DESCRIPTION

LINX Partners is a private equity firm focused on investments in light industrial manufacturing, industrial services, and specialty distribution companies. The Firm generally partners with family owners, entrepreneurs, and management to acquire and grow companies. Target businesses typically have revenues between $20 and $100 million and have 'a high service, branding component' with low capital expenditures. LINX Partners was formed in 1999 and has offices in Scarsdale, New York and Atlanta, Georgia.

DEAL STATS #
Overall 13 of 16
Sector (Transportation) 5 of 5
Type (Buyout (LBO, MBO, MBI)) 8 of 10
State (New Jersey) 1 of 1
Country (United States) 13 of 16
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-06 NEBR

Ronkonkoma, New York, United States

NEBR is a mass transit/coach bus repair and maintenance services provider serving the transportation and airport authorities in New York and Boston and bus OEMs in the United States. NEBR was founded in 1995 and is based in Ronkonkoma, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-15 Sagent

Coppell, Texas, United States

Sagent is a provider of network equipment distribution and repair and maintenance services for a blue-chip customer base in the wireless, cable, data, and wireline industries. Sagent was founded in 2001 and is based in Coppell, Texas.

Buy -
Mergr

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