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  6. PS Logistics Acquires Clay Transport

M&A Deal Summary

PS Logistics Acquires Clay Transport

On November 15, 2022, PS Logistics acquired transportation company Clay Transport

Acquisition Highlights
  • This is PS Logistics’ 4th transaction in the Transportation sector.
  • This is PS Logistics’ 3rd transaction in the United States.
  • This is PS Logistics’ 1st transaction in Mississippi.

M&A Deal Summary
Date 2022-11-15
Target Clay Transport
Sector Transportation
Buyer(s) PS Logistics
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target

Clay Transport

Brookhaven, Mississippi, United States
Clay Transport is a provider of general freight and diesel repair services. Trucking services include dry van, flatbed, heavy haul, and full-scale third-party (3PL) freight delivery brokerage services. Clay Transport is based in Brookhaven, Mississippi.

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Buyer(S) 1

Buyer

PS Logistics

Birmingham, Alabama, United States
Category Company
Sector Transportation
DESCRIPTION

PS Logistics is a full-service logistics solution provider with over 2000 flatbed assets, vans, step decks/RGN's, brokerage division, transportation management and 3PL, and dedicated fleet operations. PS Logistics is based in Birmingham, Alabama.

DEAL STATS #
Overall 4 of 4
Sector: Transportation M&A 4 of 4
Type: Add-on Acquisition M&A Deals 3 of 3
State: Mississippi M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-19 Scout Logistics

Toronto, Ontario, Canada

Scout Logistics specializes in over-the-road transportation of perishable freight. Scout Logistics is a provider for Freight Brokerage, Managed Transportation, Warehousing & Fulfillment, and Cross Border Logistics. Scout Logistics is based in Toronto, Ontario.

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