Acquisitions - USA - Purchase of 42 Trucking and Logistics Companies

2007/06/27 15:12

Press Release from:

Info Trucks & Buses Worldwide

A private transaction has taken place between two large private equity groups purchasing $500 million in trucking companies throughout the United States... These two groups, one based on Salt Lake City, and one based in Los Angeles, are in the process of acquiring 42 trucking and logistics companies in an effort to build a large portfolio of profitable freight and logistics companies located in the U.S.... The intent of this project is to create a new publicly traded company on that will be listed on the American Stock Exchange by the end of 2007, and begin trading as a new entity. Corporate

Acquisitions - USA - Purchase of 42 Trucking and Logistics Companies

Acquisitions Group is representing both buyers and all sellers in the transaction... This Group provides an objective point of view for both the buyers and the sellers throughout the acquisition process, providing expertise on how best go about a large and complex sale such as this one...