M&A Deal Summary

XPO Logistics Acquires Interide Transport

On May 7, 2013, XPO Logistics, Inc. acquired transportation company Interide Transport LLC from KJM Capital for 28M USD

Acquisition Highlights
  • This is XPO Logistics’ 5th transaction in the Transportation sector.
  • This is XPO Logistics’ 8th largest (disclosed) transaction.
  • This is XPO Logistics’ 5th transaction in the United States.
  • This is XPO Logistics’ 1st transaction in Utah.

M&A Deal Summary

Date 2013-05-07
Target Interide Transport LLC
Sector Transportation
Buyer(s) XPO Logistics, Inc.
Sellers(s) KJM Capital
Deal Type Add-on Acquisition
Deal Value 28M USD

Target

Interide Transport LLC

Salt Lake City, Utah, United States
website
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.

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Buyer(S) 1

Buyer

XPO Logistics, Inc.

Greenwich, Connecticut, United States

website


Category Company
Founded 2000
SectorTransportation
Employees108,000
Revenue 16.3B USD (2020)
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 formed in 2000 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 6 of 17
Sector (Transportation) 5 of 13
Type (Add-on Acquisition) 6 of 15
State (Utah) 1 of 1
Country (United States) 5 of 14
Year (2013) 2 of 6
Size (of disclosed) 8 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-12 East Coast Air Charter, Inc.

Statesville, North Carolina, United States

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

Buy $43M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-16 XPO Last Mile, Inc. (3PD)

Marietta, Georgia, United States

3PD, Inc. is a nationwide last mile, home delivery logistics provider, specializing in heavy items including appliances, building materials, and other heavy goods.

Buy $365M

Seller(S) 1

SELLER

KJM Capital

Investor

website


Category Private Equity Firm
Founded 2014
SizeSmall
Type Sector Agnostic
DESCRIPTION

KJM Capital is a Florida-based private equity firm focused on acquiring family owned companies. The Firm seeks businesses with $20 to $100 million in revenues and at least $3 to $10 million of EBITDA. Sectors of interest include business services, specialty manufacturing, specialty distribution, transportation, and technology services. KJM was formed in 2014 and is based in Orlando.


DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-06 Sunco Carriers

Lakeland, Florida, United States

Watkins Refrigerated is a refrigerated carrier, that operates and manages more than 200 tractors and 400 refrigerated trailers. Watkins Refrigerated is based in Lakeland, Florida.

Buy -