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  6. Team Drive-Away Acquires IXT Logistics

M&A Deal Summary

Team Drive-Away Acquires IXT Logistics

On February 26, 2020, Team Drive-Away acquired transportation company IXT Logistics

Acquisition Highlights
  • This is Team Drive-Away’s 1st transaction in the Transportation sector.
  • This is Team Drive-Away’s 1st transaction in the United States.
  • This is Team Drive-Away’s 1st transaction in Kansas.

M&A Deal Summary
Date 2020-02-26
Target IXT Logistics
Sector Transportation
Buyer(s) Team Drive-Away
Deal Type Add-on Acquisition

Target

IXT Logistics

Kansas City, Kansas, United States
IXT Logistics LLC is a provider of transportation booking services. IXT Logistics is based in Kansas City.

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Buyer(S) 1

Buyer

Team Drive-Away

Olathe, Kansas, United States
Category Company
Founded 2007
Sector Transportation
DESCRIPTION

Team Drive-Away, Inc. is a non-asset-based commercial vehicle logistics provider specializing in matching professional drivers with moves of used and new heavy-haul Class 8 trucks for sellers and buyers as well as moves to reposition and optimize fleets. Team Drive-Away was founded in 2007 and is based in Olathe, Kansas.

DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Kansas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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