M&A Deal Summary |
|
|---|---|
| Date | 2022-04-13 |
| Target | Ryder System - Trailer Leasing & Maintenance Business |
| Sector | Business Services |
| Buyer(s) | TIP |
| Sellers(s) | Ryder System |
| Deal Type | Divestiture |
SEARCH BY
TIP is specializes in trailer leasing, rental, maintenance and repair, as well as other value-added services and provide these to transportation and logistics customers across Europe and Canada. TIP was founded in 1968 and is based in Amsterdam, Netherlands.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Business Services M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-12 |
Ryder - Trailer Leasing and Servicing Business
Birmingham, United Kingdom Ryder's Trailer Leasing and Servicing Business provides leasing and maintenance services of trucks. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1933 |
| Sector | Transportation |
| Employees | 50,700 |
| Revenue | 12.7B USD (2024) |
Ryder System is a provider of commercial fleet management and supply chain solutions. Ryder operates in two business segments: Fleet Management Solutions (FMS), which provides full-service leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers principally in the U.S., Canada and the U.K.; and Supply Chain Solutions (SCS), which provides comprehensive supply chain solutions including distribution and transportation services in North America and Asia. The SCS segment also provides dedicated services, which includes vehicles and drivers as part of a dedicated transportation solution in the U.S. Ryder's customers range from small businesses to large international enterprises. Ryder System was founded in 1933 and is based in Coral Gables, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-13 |
Whiplash
City of Industry, California, United States Whiplash is a provider of logistics services that support major retailers and retail manufacturers at all major U.S. port locations with experienced teams, leading-edge technology, and nearly 5 million square feet of multi-client and dedicated warehouse space. Whiplash was founded in 2008 and is based in City of Industry, California. |
Buy | $480M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-31 |
Baton
San Francisco, California, United States Baton is a provider in the development of a proprietary logistics technology focused on optimizing transportation networks. Baton was founded in 2019 and is based in San Francisco, California. |
Buy | - |
