M&A Deal Summary

Radiant Logistics Acquires Cascade Enterprises of Minnesota

On October 5, 2022, Radiant Logistics acquired transportation company Cascade Enterprises of Minnesota

Acquisition Highlights
  • This is Radiant Logistics’ 13th transaction in the Transportation sector.
  • This is Radiant Logistics’ 12th transaction in the United States.
  • This is Radiant Logistics’ 5th transaction in Minnesota.

M&A Deal Summary

Date 2022-10-05
Target Cascade Enterprises of Minnesota
Sector Transportation
Buyer(s) Radiant Logistics
Deal Type Add-on Acquisition

Target

Cascade Enterprises of Minnesota

Minneapolis, Minnesota, United States
Cascade Enterprises of Minnesota is engaged in transportation and distribution services. Cascade Enterprises of Minnesota is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

Radiant Logistics

Renton, Washington, United States

Category Company
Founded 2001
Sector Transportation
Employees909
Revenue 802M USD (2024)
DESCRIPTION

Radiant Logistics is a non-asset-based transportation and logistics company providing domestic and international freight forwarding services. Radiant Logistics was founded in 2001 and is based in Renton, Washington.


DEAL STATS #
Overall 14 of 24
Sector: Transportation M&A 13 of 23
Type: Add-on Acquisition M&A Deals 13 of 22
State: Minnesota M&A 5 of 5
Country: United States M&A 12 of 21
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-06 Navegate

Mendota Heights, Minnesota, United States

Navegate is a technology-enabled supply chain management and third-party logistics services company that combines a robust digital platform and decades of expertise to manage international, cross-border, and domestic freight from purchase order to final delivery. The company's combination of tech-enabled services, customs brokerage expertise, and a full complement of international and domestic services significantly reduces costs and leads to better compliance and risk mitigation for its customers. Navegate was formed in 1969 and is based in Mendota Heights, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-02 Daleray

Fort Lauderdale, Florida, United States

Daleray provides both domestic and international freight forwarding services, based in Fort Lauderdale, Florida.

Buy -