M&A Deal Summary |
|
|---|---|
| Date | 2024-07-31 |
| Target | Andrie |
| Sector | Marine |
| Buyer(s) | Rand Logistics |
| Sellers(s) | Auxo Investment Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Northborne Partners LLC (Financial) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1994 |
| Sector | Transportation |
| Employees | 515 |
| Revenue | 315M USD (2021) |
Rand Logistics is a provider of bulk freight shipping services throughout the Great Lakes region. Through its subsidiaries, the Company operates a fleet of three conventional bulk carriers and twelve self-unloading bulk carriers including three tug/barge units. The Company is the only carrier able to offer significant domestic port-to-port services in Canada. Rand Logistics was founded in 1994 and is based in Williamsville, New York.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Marine M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| State: Michigan M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-10 |
American Steamship
Williamsville, New York, United States American Steamship is a provider of marine transportation and shipping services. American Steamship was founded in 1907 and is based in Williamsville, New York. |
Buy | - |
Auxo Investment Partners is an operationally-focused private investment firm that targets acquisitions of North American manufacturing, distribution, and business services companies. Auxo prefers profitable businesses ($2 to $20 million of EBITDA) and has a special interest in owner-operators seeking retirement or facing succession issues. Auxo Investment Partners was formed in 2016 and is headquartered in Grand Rapids, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Marine M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| State: Michigan M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-14 |
SOS Manufacturing
Roberts, Wisconsin, United States SOS Manufacturing is a manufacturer of specialized wire harnesses, cable assemblies, and complete box builds for customers in the computing, aerospace, agricultural, appliance, automotive, electronics, and food processing industries. SOS Manufacturing is based in Roberts, Wisconsin. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-01-21 |
Southeast Vegetation Management
Brierfield, Alabama, United States Southeast Vegetation Management provides Vegetation Management services to US railroads. The company delivers safe, efficient, and environmentally responsible vegetation management solutions. Southeast Vegetation Management is based in Brierfield, Alabama. |
Buy | - |
