M&A Deal Summary

Saia Acquires Madison Freight Systems

On February 1, 2007, Saia acquired transportation company Madison Freight Systems for 3M USD

Acquisition Highlights
  • This is Saia’s 2nd transaction in the Transportation sector.
  • This is Saia’s 4th largest (disclosed) transaction.
  • This is Saia’s 2nd transaction in the United States.
  • This is Saia’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2007-02-01
Target Madison Freight Systems
Sector Transportation
Buyer(s) Saia
Deal Type Add-on Acquisition
Deal Value 3M USD

Target

Madison Freight Systems

Waunakee, Wisconsin, United States
Madison Freight Systems (MFS) is a less-than-truckload carrier and provides 100% direct coverage to the state of Wisconsin and limited coverage in Illinois and Minnesota. MFS was formed in 1943 and is based in Waunakee, Wisconsin.

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Buyer(S) 1

Buyer

Saia

Johns Creek, Georgia, United States
Category Company
Founded 1924
Sector Transportation
Employees14,000
Revenue 2.9B USD (2023)
DESCRIPTION
Entrance to Saia's corporate headquarters in Johns Creek, Georgia.
Entrance to Saia's corporate headquarters in Johns Creek, Georgia.

Saia is a less-than-truckload transportation provider. Saia was founded in 1924 and is based in Johns Creek, Georgia.

DEAL STATS #
Overall 2 of 4
Sector (Transportation) 2 of 4
Type (Add-on Acquisition) 2 of 4
State (Wisconsin) 1 of 1
Country (United States) 2 of 4
Year (2007) 1 of 1
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-11-20 The Connection

Columbus, Ohio, United States

The Connection Co. is a less then truckload transportation provider serving Indiana, Kentucky, Michigan and Ohio. The Connection Co. is based in Columbus, Ohio.

Buy $18M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-03 Robart Transportation

Duluth, Georgia, United States

Robart Transportation group focuses on truckload and brokerage services, including expedited/time critical delivery offerings, full-service cross-dock and consolidation management, and guaranteed services, among others. And its RL Services Group provides various supply chain and logistics services, including mode, fleet, and operations analysis, carrier selection, fleet management, and data mining capabilities, among others.

Buy $8M
Mergr

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