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M&A Deal Summary

Radiant Logistics Acquires Lomas Logistics

On January 5, 2017, Radiant Logistics acquired transportation company Lomas Logistics from L.V. Lomas

Acquisition Highlights
  • This is Radiant Logistics’ 12th transaction in the Transportation sector.
  • This is Radiant Logistics’ 2nd transaction in Canada.
  • This is Radiant Logistics’ 2nd transaction in Ontario.

M&A Deal Summary
Date 2017-01-05
Target Lomas Logistics
Sector Transportation
Buyer(s) Radiant Logistics
Sellers(s) L.V. Lomas
Deal Type Divestiture

Target

Lomas Logistics

Brampton, Ontario, Canada
Lomas Logistics Ltd. operates as a third party logistics provider serving companies across a diverse range of industries including consumer goods, healthcare, food and technology and operates from locations in Ontario and British Columbia, Canada.

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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 12 of 24
Sector: Transportation M&A 12 of 23
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 2 of 2
Country: Canada M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-02 Copper Logistics

Minneapolis, Minnesota, United States

Copper Logistics, Inc. is a provider of full range of domestic and international transportation and logistics services across North America.

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FOLLOWING 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.

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Seller(S) 1

SELLER

L.V. Lomas

Brampton, Ontario, Canada
Category Company
Founded 1960
Sector Distribution
Employees280
Revenue 383M CAD (2016)
DESCRIPTION

L.V. Lomas, Inc. is a distributor of chemicals and ingredients, raw materials and packaging products. L.V. Lomas, Inc. was established in 1960 and is based in Brampton, Ontario.

DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2017 M&A 1 of 1
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