M&A Deal Summary

PS Logistics Acquires Diamond State Trucking

On July 20, 2020, PS Logistics acquired transportation company Diamond State Trucking

Acquisition Highlights
  • This is PS Logistics’ 2nd transaction in the Transportation sector.
  • This is PS Logistics’ 2nd transaction in the United States.
  • This is PS Logistics’ 1st transaction in Arkansas.

M&A Deal Summary

Date 2020-07-20
Target Diamond State Trucking
Sector Transportation
Buyer(s) PS Logistics
Deal Type Add-on Acquisition

Target

Diamond State Trucking

Malvern, Arkansas, United States
Diamond State Trucking, Inc. is a provider of transportation services. Diamond State Trucking was founded in 1928 and is based in Malvern, Arkansas.

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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 2 of 4
Sector (Transportation) 2 of 4
Type (Add-on Acquisition) 1 of 3
State (Arkansas) 1 of 1
Country (United States) 2 of 3
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-17 CT Transportation

Port Wentworth, Georgia, United States

CT Transportation LLC is a flatbed carrier that specializes in construction materials; services include long haul, regional and short haul flatbed, dedicated fleets, and brokerage. CT Transportation was formed in 1939 and is based in Port Wentworth, Georgia.

Buy -
FOLLOWING 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.

Buy -