M&A Deal Summary

Worldwide Express Acquires Unishippers Global Logistics

On January 17, 2017, Worldwide Express acquired transportation company Unishippers Global Logistics from Ridgemont Equity Partners

Acquisition Highlights
  • This is Worldwide Express’ 1st transaction in the Transportation sector.
  • This is Worldwide Express’ 1st transaction in the United States.
  • This is Worldwide Express’ 1st transaction in Utah.

M&A Deal Summary

Date 2017-01-17
Target Unishippers Global Logistics
Sector Transportation
Buyer(s) Worldwide Express
Sellers(s) Ridgemont Equity Partners
Deal Type Merger
Advisor(s) Piper Sandler & Co. (Financial)

Target

Unishippers Global Logistics

Salt Lake City, Utah, United States
Unishippers Global Logistics is a provider of third party logistics services to small and medium-sized businesses through a network of nearly franchise locations and affiliate outlets. Unishippers Global Logistics is based in Salt Lake City, Utah.

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Buyer(S) 1

Buyer

Worldwide Express

Dallas, Texas, United States

Category Company
Founded 1995
Sector Transportation
DESCRIPTION

Worldwide Express is a provider of third-party logistics services, including small parcel, LTL, FTL, and air freight shipping services to small and medium-sized businesses through a national presence of company-owned and franchise locations. Worldwide Express was established in 1995 and is based in Dallas, Texas.


DEAL STATS #
Overall 1 of 2
Sector (Transportation) 1 of 2
Type (Merger) 1 of 2
State (Utah) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-11 GlobalTranz

Scottsdale, Arizona, United States

GlobalTranz is a technology-driven freight brokerage company specializing in LTL, full truckload, third-party logistics, and expedited shipping services. GlobalTranz optimizes the efficiency of freight movement and matches shipper demand and carrier capacity in near real-time. Leveraging its extensive freight agent network, GlobalTranz has emerged as a fast-growing market leader with a customer base of over 25,000 shippers. In 2018, Transport Topics ranked GlobalTranz as the 10th largest freight brokerage firm in the U.S. GlobalTranz was founded in 2003 and is based in Scottsdale, Arizona.

Buy -

Seller(S) 1

SELLER

Ridgemont Equity Partners

Charlotte, North Carolina, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1993
PE ASSETS 7.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Ridgemont Equity Partners is an independent private equity firm specializing in middle-market buy-outs, corporate divestitures, recapitalizations and growth capital investments. The Firm targets to invest in companies located in North America, preferably in US and Canada. REP looks to invest up to $500 million in companies with EBIDTA of $5 - $50 million. The Firm seeks to hold both majority and minority equity interest in portfolio companies. Specific areas of interest include basin industries and services, energy, healthcare, telecommunications, media and technology. Ridgemont Equity Partners is a spun-off of Banc of America Capital Investors (BACI). Ridgemont Equity Partners was formed in August 2010 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 74 of 91
Sector (Transportation) 1 of 4
Type (Merger) 1 of 1
State (Utah) 1 of 1
Country (United States) 63 of 80
Year (2017) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-17 Worldwide Express

Dallas, Texas, United States

Worldwide Express is a provider of third-party logistics services, including small parcel, LTL, FTL, and air freight shipping services to small and medium-sized businesses through a national presence of company-owned and franchise locations. Worldwide Express was established in 1995 and is based in Dallas, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-04 Dickinson Fleet Services

Indianapolis, Indiana, United States

Dickinson Fleet Services LLC is a provider of on-site mobile maintenance and repair services nationwide, offering mobile on-site fleet service for light medium, and heavy-duty trucks and trailers. Dickinson Fleet Services was founded in 1997 and is headquartered in Indianapolis, Indiana.

Buy -