M&A Deal Summary

XPO Acquires First Class Expediting Service

On January 16, 2009, XPO acquired transportation company First Class Expediting Service

Acquisition Highlights
  • This is XPO’s 2nd transaction in the Transportation sector.
  • This is XPO’s 2nd transaction in the United States.
  • This is XPO’s 1st transaction in Michigan.

M&A Deal Summary

Date 2009-01-16
Target First Class Expediting Service
Sector Transportation
Buyer(s) XPO
Deal Type Add-on Acquisition

Target

First Class Expediting Service

Rochester Hills, Michigan, United States
FCES is a provider of expedited transportation services.

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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 2 of 17
Sector (Transportation) 2 of 13
Type (Add-on Acquisition) 2 of 15
State (Michigan) 1 of 3
Country (United States) 2 of 14
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 Concert Group Logistics

Downers Grove, Illinois, United States

Concert Group Logistics, Inc. is a provider of cargo transportation services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-08 Continental Freight Services

Columbia, South Carolina, United States

Continental Freight Services, Inc., a non-asset based, third party logistics company providing truck brokerage services.

Buy $22M