M&A Deal Summary

Magnate Worldwide Acquires Hybrid International Forwarding

On January 4, 2021, Magnate Worldwide acquired transportation company Hybrid International Forwarding

Acquisition Highlights
  • This is Magnate Worldwide’s 5th transaction in the Transportation sector.
  • This is Magnate Worldwide’s 6th transaction in the United States.
  • This is Magnate Worldwide’s 1st transaction in Georgia.

M&A Deal Summary
Date 2021-01-04
Target Hybrid International Forwarding
Sector Transportation
Buyer(s) Magnate Worldwide
Deal Type Add-on Acquisition

Target

Hybrid International Forwarding

Atlanta, Georgia, United States
Hybrid International Forwarding provides a variety of freight transportation and forwarding services including air, ocean, and ground solutions, and has a pronounced strength in ocean imports to the U.S. Hybrid International Forwarding is based in Altanta, Georgia.

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

Magnate Worldwide

Portland, Oregon, United States
Category Company
Founded 2014
Sector Transportation
DESCRIPTION

Magnate Worldwide is a diversified supply chain management company, comprised of a unique portfolio of complementary, premier logistics providers focused on expedited domestic transportation and global freight forwarding. Magnate Worldwide was founded in 2014 and is based in Portland, Oregon.

DEAL STATS #
Overall 6 of 10
Sector (Transportation) 5 of 9
Type (Add-on Acquisition) 6 of 10
State (Georgia) 1 of 1
Country (United States) 6 of 10
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-28 Premium Transportation Logistics

Toledo, Ohio, United States

Premium Transportation Logistics is a provider of expedited domestic ground and freight brokerage services for customers with time-critical logistics needs. PTL offers door-to-door solutions to customers in the auto, white goods, building products, and industrial machinery industries, among others. Premium Transportation Logistics was established in 2002 and is based in Toledo, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-22 ASAP Expediting & Logistics

Columbia, South Carolina, United States

ASAP Expediting & Logistics LLC is a 24/7 nationwide logistics company specializing in same and next-day transportation. ASAP Expediting & Logistics was founded in 2008 and is based in Columbia, South Carolina.

Buy -
Mergr

Product

Company

Legal