M&A Deal Summary

Roadrunner Transportation Acquires Prime Logistics

On August 26, 2011, Roadrunner Transportation acquired transportation company Prime Logistics for 98M USD

Acquisition Highlights
  • This is Roadrunner Transportation’s 6th transaction in the Transportation sector.
  • This is Roadrunner Transportation’s 2nd largest (disclosed) transaction.
  • This is Roadrunner Transportation’s 5th transaction in the United States.
  • This is Roadrunner Transportation’s 1st transaction in Indiana.

M&A Deal Summary
Date 2011-08-26
Target Prime Logistics
Sector Transportation
Buyer(s) Roadrunner Transportation
Deal Type Add-on Acquisition
Deal Value 98M USD
Advisor(s) BB&T Capital Markets (Financial)

Target

Prime Logistics

Plainfield, Indiana, United States
Prime is a non-asset based provider of logistics and freight consolidation services. Prime leads its industry sector in providing value and service to its customers, which are predominately comprised of food producers who ship over 1.0 billion pounds of product to numerous retailers, distributors, and warehouses on an annual basis.

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Buyer(S) 1

Buyer

Roadrunner Transportation

Downers Grove, Illinois, United States
Category Company
Founded 2005
Sector Transportation
Employees3,600
Revenue 1.8B USD (2019)
DESCRIPTION

Roadrunner Transportation is an asset-light transportation and supply chain solutions provider offering a full suite of services, including less-than-truckload, truckload, temperature-controlled, intermodal, expedited, and domestic and international air. Roadrunner Transportation was founded in 2005 and is based in Downers Grove, Illinois.

DEAL STATS #
Overall 6 of 28
Sector (Transportation) 6 of 26
Type (Add-on Acquisition) 6 of 27
State (Indiana) 1 of 3
Country (United States) 5 of 27
Year (2011) 4 of 5
Size (of disclosed) 2 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-01 The James Brooks

Fresno, California, United States

The James Brooks Co., Inc. is a provider of intermodal transportation and related services to the ports of Los Angeles/Long Beach and Oakland. James Brooks transports primarily fresh produce including citrus, vegetables, fruit, and nuts.

Buy $8M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-06 Prime Distribution Services

Indianapolis, Indiana, United States

Prime Distribution Services, Inc. provides a comprehensive suite of retail consolidation solutions, with five food-grade warehouse facilities strategically located across the nation and a team of retail supply chain experts dedicated to helping clients achieve compliance with large U.S. retailer delivery and in-stock requirements. Prime Distribution Services was founded in 1990 and is base din Indianapolis, Indiana.

Buy -
Mergr

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