Add-on Acquisition • Transportation

OnTrac Final Mile Acquires OnTrac

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

Acquisition Context

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.

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

Target Company

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 Overview 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 Context for Buyer	#
Overall	1 of 1
Sector: Transportation	1 of 1
Type: Add-on Acquisition	1 of 1
State: Arizona	1 of 1
Country: United States	1 of 1
Year: 2021	1 of 1
Size (of disclosed)	1 of 1

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