Add-on Acquisition • Transportation

Radiant Logistics Acquires Service By Air

On June 8, 2015, Radiant Logistics acquired transportation company Service By Air for 12M USD

Acquisition Context
  • This is Radiant Logistics’ 9th transaction in the Transportation sector.
  • This is Radiant Logistics’ 5th largest (disclosed) transaction.
  • This is Radiant Logistics’ 8th transaction in the United States.
  • This is Radiant Logistics’ 2nd transaction in New York.

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M&A Deal Summary

Date June 8, 2015
Target Service By Air
Sector Transportation
Buyer(s) Radiant Logistics
Deal Type Add-on Acquisition
Deal Value 12M USD

Target Company

Service By Air

Woodbury, New York, United States
Service By Air, Inc. is a provider of worldwide transportation and logistics services through its extensive network of exclusive agent and company-owned offices across North America.
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Buyer Overview 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 Context for Buyer #
Overall 9 of 24
Sector: Transportation 9 of 23
Type: Add-on Acquisition 9 of 22
State: New York 2 of 2
Country: United States 8 of 21
Year: 2015 2 of 4
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-02 Wheels Group

Mississauga, Ontario, Canada

Wheels Group, Inc. is a third party supply chain logistics ("3PL") provider. As a non-asset provider, Wheels develops advanced supply chain solutions delivered through its qualified partner network of over 6,000 truck, rail, air and ocean carriers.

Buy CA$69M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-09 Highways & Skyways

Hebron, Kentucky, United States

Highways & Skyways, Inc. is a provider of full range of domestic and international transportation and logistics services across North America.

Buy -