M&A Deal Summary

STG Logistics Acquires Summit Northwest

On March 15, 2018, STG Logistics acquired real estate company Summit Northwest

Acquisition Highlights
  • This is STG Logistics’ 1st transaction in the Real Estate sector.
  • This is STG Logistics’ 4th transaction in the United States.
  • This is STG Logistics’ 1st transaction in Oregon.

M&A Deal Summary
Date 2018-03-15
Target Summit Northwest
Sector Real Estate
Buyer(s) STG Logistics
Deal Type Add-on Acquisition

Target

Summit Northwest

Portland, Oregon, United States
Summit Northwest Corp. is a provider of value added warehousing and distribution solutions, container freight station services, first and last mile delivery, as well as container drayage, less-than-truckload, full truckload, and cross-border ground transport.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

STG Logistics

Bensenville, Illinois, 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 Bensenville, Illinois.

DEAL STATS #
Overall 4 of 9
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 3 of 6
State (Oregon) 1 of 1
Country (United States) 4 of 9
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-13 Freight Force

Anaheim, California, United States

Freight Force, Inc. is a one-stop destination for nationwide cartage needs serving air freight forwarders, logistics providers, and other expedited freight companies. Freight Force specializes in first mile and last mile transportation services, facilitating the original pickup or the final delivery of international freight. Freight Force maintains partnerships with local and regional motor carriers in 52 metro areas and serves as a one-stop source for access to reliable, high quality, and specialized capacity across the entire United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-03 Veeco Holdings

North Bergen, New Jersey, United States

Veeco Holdings LLC is a premium-service, third-party logistics provider focused on the warehousing and distribution of consumer goods into the US retail sector supply chain. With 900,00 square feet of space in New Jersey and California, Veeco offers its customers a full range of distribution and transportation services on both the east and west coasts.

Buy -
Mergr

Product

Company

Legal