M&A Deal Summary

STG Logistics Acquires Best Dedicated Solutions

On June 8, 2023, STG Logistics acquired transportation company Best Dedicated Solutions

Acquisition Highlights
  • This is STG Logistics’ 8th transaction in the Transportation sector.
  • This is STG Logistics’ 9th transaction in the United States.
  • This is STG Logistics’ 2nd transaction in Illinois.

M&A Deal Summary

Date 2023-06-08
Target Best Dedicated Solutions
Sector Transportation
Buyer(s) STG Logistics
Deal Type Add-on Acquisition

Target

Best Dedicated Solutions

Vernon Hills, Illinois, United States
Best Dedicated Solutions over-the-road ("OTR") transportation provider focused on a variety of services and modes, based in Vernon Hills, Illinois.

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Buyer(S) 1

Buyer

STG Logistics

Dublin, Ohio, United States

Category Company
Founded 1985
Sector Transportation
DESCRIPTION

STG Logistics is a provider of facilities-based containerized logistics services including container deconsolidation, reconsolidation, transloading, warehousing, and outsourced transportation solutions including final mile delivery. STG Logistics was founded in 1985 and is based in Dublin, Ohio.


DEAL STATS #
Overall 9 of 9
Sector: Transportation M&A 8 of 8
Type: Add-on Acquisition M&A Deals 6 of 6
State: Illinois M&A 2 of 2
Country: United States M&A 9 of 9
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-25 XPO Logistics - The Intermodal Division

Greenwich, Connecticut, United States

The Intermodal Division is a provider of containerized transportation services, providing intermodal drayage and rail brokerage services for retailers, manufacturers, third-party logistics providers, and other types of customers.

Buy -