M&A Deal Summary |
|
|---|---|
| Date | 2018-04-03 |
| Target | MXD Group |
| Sector | Transportation |
| Buyer(s) | Ryder System |
| Sellers(s) | Platinum Equity |
| Deal Type | Add-on Acquisition |
| Deal Value | 120M USD |
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| Category | Company |
|---|---|
| Founded | 1933 |
| Sector | Transportation |
| Employees | 47,500 |
| Revenue | 11.8B USD (2023) |
Ryder System is a provider of commercial fleet management and supply chain solutions. Ryder operates in two business segments: Fleet Management Solutions (FMS), which provides full-service leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers principally in the U.S., Canada and the U.K.; and Supply Chain Solutions (SCS), which provides comprehensive supply chain solutions including distribution and transportation services in North America and Asia. The SCS segment also provides dedicated services, which includes vehicles and drivers as part of a dedicated transportation solution in the U.S. Ryder's customers range from small businesses to large international enterprises. Ryder System was founded in 1933 and is based in Coral Gables, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 27 |
| Sector (Transportation) | 16 of 19 |
| Type (Add-on Acquisition) | 18 of 25 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 14 of 21 |
| Year (2018) | 1 of 2 |
| Size (of disclosed) | 5 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-11 |
Dallas Service Center
Dallas, Texas, United States Dallas Service Center, Inc. (DSC Truck Services) is an independent truck repair facility located in Dallas, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-06-18 |
Metro Truck & Tractor Leasing
Beltsville, Maryland, United States Metro Truck & Tractor Leasing, Inc. is a provider of truck leasing, rental, and maintenance services to more than 150 customers with a fleet of approximately 900 units. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 48.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Platinum Equity is a private equity firm focused on acquiring divestitures of larger public companies primarily in North America and Europe. Historically, Platinum targeted technology/software related businesses, however, the firm has since branched out beyond tech and will consider acquisitions in a broad range of industries including chemicals, communications, logistics, healthcare, automotive, industrial products, and business services. Platinum Equity was formed in 1995 by Tom Gores and is based in Beverly Hills, California.
| DEAL STATS | # |
|---|---|
| Overall | 51 of 78 |
| Sector (Transportation) | 5 of 6 |
| Type (Add-on Acquisition) | 29 of 39 |
| State (Ohio) | 4 of 6 |
| Country (United States) | 44 of 65 |
| Year (2018) | 2 of 9 |
| Size (of disclosed) | 17 of 21 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-04-01 |
Schutt Sports
Litchfield, Illinois, United States Schutt Sports, Inc. is a manufacturer and provider of football, softball, baseball and basketball equipment to the youth, high school, college and professional markets. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-04-30 |
BlueCrest
Danbury, Connecticut, United States BlueCrest is a global provider of inserting, sorting, and printing related equipment primarily for the transactional and direct mail industries. BlueCrest was formed in 2018 and is based in Danbury, Connecticut. |
Buy | $361M |
