M&A Deal Summary

Transport of America Acquires Optimal Freight

On December 1, 2015, Transport of America acquired transportation company Optimal Freight

Acquisition Highlights
  • This is Transport of America’s 1st transaction in the Transportation sector.
  • This is Transport of America’s 1st transaction in the United States.
  • This is Transport of America’s 1st transaction in Illinois.

M&A Deal Summary

Date 2015-12-01
Target Optimal Freight
Sector Transportation
Buyer(s) Transport of America
Deal Type Add-on Acquisition

Target

Optimal Freight

Chicago, Illinois, United States
Optimal Freight LLC is a non-asset based truckload freight brokerage company.

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Buyer(S) 1

Buyer

Transport of America

Eagan, Minnesota, United States

Category Company
Founded 1984
Sector Transportation
DESCRIPTION

Transport America provides a wide range of truckload freight carriage and logistics services to customers in the United States, Mexico and Canada. The company focuses on providing time-definite and other responsive services with the support of its dedicated employees, state-of-the-art technology and information systems. The Company is headquartered in Eagan, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-15 Transport America - Southeast Drayage Division

United States

TA Drayage is a provider of intermodal transportation and related services in the Southeast. TA Drayage primarily transports imports and exports for steamship lines and intermodal marketing companies from the ports of Charleston, South Carolina, Norfolk, Virginia and Savannah, Georgia.

Sell $1M