M&A Deal Summary

Matson Logistics Acquires Span Alaska Transportation

On July 18, 2016, Matson Logistics acquired transportation company Span Alaska Transportation from Evergreen Pacific Partners for 198M USD

Acquisition Highlights
  • This is Matson Logistics’ 1st transaction in the Transportation sector.
  • This is Matson Logistics’ largest (disclosed) transaction.
  • This is Matson Logistics’ 1st transaction in the United States.
  • This is Matson Logistics’ 1st transaction in Washington.

M&A Deal Summary
Date 2016-07-18
Target Span Alaska Transportation
Sector Transportation
Buyer(s) Matson Logistics
Sellers(s) Evergreen Pacific Partners
Deal Type Add-on Acquisition
Deal Value 198M USD

Target

Span Alaska Transportation

Auburn, Washington, United States
Span Alaska Transportation, Inc. is a provider of freight and logistics management services for the Alaska market.

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Buyer(S) 1

Buyer

Matson Logistics

Concord, California, United States
Category Company
Founded 1987
Sector Transportation
DESCRIPTION

Matson Logistics, Inc. is a provider of transportation services.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Evergreen Pacific Partners

Seattle, Washington, United States
Category Private Equity Firm
Founded 2004
PE ASSETS 700M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Evergreen Pacific Partners is a private equity firm that invests in private, middle-market companies in Western North America. Evergreen focuses on buyouts and growth equity investments in companies generating sales of at least $50 million and where the firm can commit at least $15 million of capital. Sectors of interest include manufacturing/distribution, specialty packaging, consumer products and cable television/radio. Evergreen Pacific was formed in 2004 and is based in Seattle, Washington.

DEAL STATS #
Overall 8 of 15
Sector (Transportation) 1 of 2
Type (Add-on Acquisition) 5 of 7
State (Washington) 4 of 7
Country (United States) 8 of 15
Year (2016) 2 of 4
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-23 Thermal Dynamics International

Ontario, California, United States

Thermal Dynamics International Corp. is a manufacturer of water- and air-cooled heat exchangers, aluminum radiators and charge air coolers as well as stainless steel integral and remote coolers.

Sell $57M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-13 Vantage Mobility International

Phoenix, Arizona, United States

Vantage Mobility International is a designer, manufacturer, distributor and marketer of vehicle accessibility products, including van conversions, stowage lifts and accessories for wheelchair and scooter users. Vantage Mobility International was founded in 1987 and is based in Phoenix, Arizona.

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