M&A Deal Summary

Universal Logistics Holdings Acquires Michael s Cartage

On April 22, 2019, Universal Logistics Holdings acquired transportation company Michael s Cartage

Acquisition Highlights
  • This is Universal Logistics Holdings’ 6th transaction in the Transportation sector.
  • This is Universal Logistics Holdings’ 6th transaction in the United States.
  • This is Universal Logistics Holdings’ 2nd transaction in Illinois.

M&A Deal Summary
Date 2019-04-22
Target Michael s Cartage
Sector Transportation
Buyer(s) Universal Logistics Holdings
Deal Type Add-on Acquisition
Advisor(s) Republic Partners LLC (Financial)

Target

Michael s Cartage

Bridgeview, Illinois, United States
Michael's Cartage, Inc. is a provider of full-service intermodal drayage services. Michael's Cartage, Inc. is based in Bridgeview, Illinois.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Universal Logistics Holdings

Warren, Michigan, United States
Category Company
Founded 1932
Sector Transportation
Employees9,311
Revenue 1.7B USD (2023)
DESCRIPTION

Universal Logistics Holdings is a provider of transportation services to shippers. Universal's trucking services include both flatbed and dry van operations and Universal provides rail-truck and steamship-truck intermodal support services. Universal Logistics Holdings was founded in 1932 and is based in Warren, Michigan.

DEAL STATS #
Overall 6 of 8
Sector (Transportation) 6 of 8
Type (Add-on Acquisition) 6 of 7
State (Illinois) 2 of 2
Country (United States) 6 of 8
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-07 Container Connection

Riverside, California, United States

Deco Logistics, Inc. is a provider of full-service harbor drayage to the Ports of Los Angeles and Long Beach, Californi. Deco Logistics is based in Riverside, California.

Buy $60M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-05 Roadrunner Intermodal Services

Peachtree City, Georgia, United States

Roadrunner Intermodal Services LLC provides drayage and chassis management services to transport freight between ocean ports, rail ramps and shipping docks through 23 strategically located terminals nationwide.

Buy $51M
Mergr

Product

Company

Legal