M&A Deal Summary

Quantix Acquires L. T. Harnett Trucking

On August 18, 2020, Quantix acquired transportation company L. T. Harnett Trucking

Acquisition Highlights
  • This is Quantix’s 4th transaction in the Transportation sector.
  • This is Quantix’s 5th transaction in the United States.
  • This is Quantix’s 1st transaction in Ohio.

M&A Deal Summary

Date 2020-08-18
Target L. T. Harnett Trucking
Sector Transportation
Buyer(s) Quantix
Deal Type Add-on Acquisition
Advisor(s) Livingstone Partners (Financial)
Ice Miller (Legal)

Target

L. T. Harnett Trucking

Kinsman, Ohio, United States
L. T. Harnett Trucking is a provider of bulk liquid transportation and logistics services to the chemical industry. L. T. Harnett Trucking was founded in 1944 and is based in Kinsman, Ohio.

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Buyer(S) 1

Buyer

Quantix

Woodlands, Texas, United States

Category Company
Founded 1965
Sector Transportation
DESCRIPTION

Quantix is a provider of dry bulk transportation, packaging, distribution and logistics solutions to numerous multinational companies within the chemical and plastic industries. Quantix was founded in 1965 and is based in the Woodlands, Texas.


DEAL STATS #
Overall 5 of 12
Sector (Transportation) 4 of 9
Type (Add-on Acquisition) 5 of 12
State (Ohio) 1 of 1
Country (United States) 5 of 12
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-11 First Choice Logistics

Chicago, Illinois, United States

First Choice Logistics, Inc. was formed in 1987 to supply bulk transportation services for the construction, chemical, and environmental waste industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-13 Luckey Trucking

Streator, Illinois, United States

Luckey Trucking is a provider of dry bulk, liquid bulk, dry van transportation, warehousing and logistics services to the chemical industry. Luckey operates a trucking terminal, tank wash, and over 250 railcar locations on the BNSF and Union Pacific Railways. The Company also operates a warehouse providing logistics services for customers. Luckey also operates through a network of six affiliate terminals located in Iowa, Ohio, North Carolina, Tennessee and Texas.

Buy -