M&A Deal Summary |
|
|---|---|
| Date | 2023-09-06 |
| Target | CTL |
| Sector | Transportation |
| Buyer(s) | Transportation Equipment Network |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Evercore Group (Financial) Scudder Law Firm (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Sector | Business Services |
Transportation Equipment Network is a provider of rentals, leasing, maintenance, and trailer sales. Transportation Equipment Network’s overall objective is to serve as a solution for all customers’ semi-trailer needs, whether that be for rental, leasing, maintenance/repair (on both Star rental/lease trailers as well as a customer’s company-owned trailers), as well as the purchase and sale of new and used trailers. Star’s current resources for serving customers’ maintenance needs includes a total of 57 service bays across its current branch shop locations, in addition to a fleet of 54 mobile service trucks for on-site maintenance. Transportation Equipment Network is based in Dublin, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Transportation M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
