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  6. OnTrac Final Mile Acquires OnTrac

M&A Deal Summary

OnTrac Final Mile Acquires OnTrac

On October 13, 2021, OnTrac Final Mile acquired transportation company OnTrac for 1.3B USD

Acquisition Highlights
  • This is OnTrac Final Mile’s 1st transaction in the Transportation sector.
  • This is OnTrac Final Mile’s largest (disclosed) transaction.
  • This is OnTrac Final Mile’s 1st transaction in the United States.
  • This is OnTrac Final Mile’s 1st transaction in Arizona.

M&A Deal Summary
Date 2021-10-13
Target OnTrac
Sector Transportation
Buyer(s) OnTrac Final Mile
Deal Type Add-on Acquisition
Deal Value 1.3B USD

Target

OnTrac

Chandler, Arizona, United States
OnTrac provides an affordable logistics network that speeds up ground delivery so companies can delight shoppers with world-class service. OnTrac was founded in 1991 and is based in Chandler, Arizona.

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Buyer(S) 1

Buyer

OnTrac Final Mile

Vienna, Virginia, United States
Category Company
Founded 1986
Sector Transportation
DESCRIPTION

OnTrac is the parcel carrier of choice for last-mile e-commerce deliveries that helps retailers and shippers build a competitive advantage through faster delivery times, lower costs, coast-to-coast coverage, and reliable on-time performance. OnTrac was founded in 1986 and is based in Vienna, Virginia.

DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Arizona M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
Size (of disclosed) 1 of 1
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