M&A Deal Summary

Saia Acquires The Connection

On November 20, 2006, Saia acquired transportation company The Connection for 18M USD

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

M&A Deal Summary
Date 2006-11-20
Target The Connection
Sector Transportation
Buyer(s) Saia
Deal Type Add-on Acquisition
Deal Value 18M USD

Target

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.

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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 1 of 4
Sector (Transportation) 1 of 4
Type (Add-on Acquisition) 1 of 4
State (Ohio) 1 of 1
Country (United States) 1 of 4
Year (2006) 1 of 1
Size (of disclosed) 2 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-01 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.

Buy $3M
Mergr

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