M&A Deal Summary

TransForce Acquires DriveForce Transportation Services

On July 17, 2013, TransForce acquired staffing company DriveForce Transportation Services

Acquisition Highlights
  • This is TransForce’s 1st transaction in the Staffing sector.
  • This is TransForce’s 2nd transaction in the United States.
  • This is TransForce’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2013-07-17
Target DriveForce Transportation Services
Sector Staffing
Buyer(s) TransForce
Deal Type Add-on Acquisition

Target

DriveForce Transportation Services

Tulsa, Oklahoma, United States
DriveForce Transportation Services LLC is a regional provider of high-quality commercial truck drivers and skilled industrial personnel with operations throughout Oklahoma.

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Buyer(S) 1

Buyer

TransForce

Alexandria, Virginia, United States
Category Company
Founded 1991
Sector Staffing
DESCRIPTION

TransForce is a provider of full-service outsourcing and staffing solutions to the trucking and third-party logistics industries. The company is experiencing rapid internal growth through multiple branch openings and aims to become a leading consolidator in a fragmented industry. TransForce was founded in 1991 and is based in Alexandria, Virginia.

DEAL STATS #
Overall 2 of 13
Sector (Staffing) 1 of 8
Type (Add-on Acquisition) 2 of 13
State (Oklahoma) 1 of 1
Country (United States) 2 of 11
Year (2013) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-21 Superior Driver Source

Lebanon, Tennessee, United States

Superior Driver Source, Inc. has become the top driver leasing company in our region by being Committed, Dedicated, Dependable, Trustworthy, and Professional. We have been able to accomplish our success by providing our customers the service they demand. Within our staff, we have years of experience and knowledge in recruiting, dispatching, and managing commercial drivers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-13 Best Drivers

Alcoa, Tennessee, United States

Best Drivers was a provider of commercial truck drivers throughout the southeastern U.S. Best Drivers was based in Alcoa, Tennessee.

Buy -
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