M&A Deal Summary

XPO Acquires East Coast Air Charter

On February 12, 2013, XPO acquired aerospace company East Coast Air Charter for 43M USD

Acquisition Highlights
  • This is XPO’s 1st transaction in the Aerospace sector.
  • This is XPO’s 6th largest (disclosed) transaction.
  • This is XPO’s 4th transaction in the United States.
  • This is XPO’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2013-02-12
Target East Coast Air Charter
Sector Aerospace
Buyer(s) XPO
Deal Type Add-on Acquisition
Deal Value 43M USD

Target

East Coast Air Charter

Statesville, North Carolina, United States
East Coast Air Charter Inc. (ECAC), a non-asset, 3PL focused on expedited air charter brokerage.

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Buyer(S) 1

Buyer

XPO

Greenwich, Connecticut, United States
Category Company
Founded 2000
Sector Transportation
Employees39,000
Revenue 7.7B USD (2023)
DESCRIPTION
XPO office in Charlotte, North Carolina.
XPO office in Charlotte, North Carolina.

XPO is a provider of transportation and logistics solutions. XPO's transportation services include truck brokerage and transportation, less-than-truckload, intermodal, highly-engineered supply chain solutions, contract logistics, last mile, expedite, global forwarding and managed transportation. XPO was founded in 2000 and is based in Greenwich, Connecticut.

DEAL STATS #
Overall 5 of 17
Sector (Aerospace) 1 of 1
Type (Add-on Acquisition) 5 of 15
State (North Carolina) 1 of 2
Country (United States) 4 of 14
Year (2013) 1 of 6
Size (of disclosed) 6 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-03 Kelron Distribution Systems

Mississauga, Ontario, Canada

Kelron Distribution Systems, Inc. is a provider of transportation logistics solutions for industrial sector.

Buy $100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-07 Interide Transport

Salt Lake City, Utah, United States

Interide Transport LLC is a provider of transporting refrigerated food products and other protected cargoes throughout the western U.S. Interide Transport is based in Salt Lake City, Utah.

Buy $28M
Mergr

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