acquisitions
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Supply Chains
E2Open to acquire Amber Road for $425 million
The acquisition will allow customers to operate their entire end-to-end supply chain from one place in the cloud.
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Logistics
Radiant Logistics – generating cash, lowering debt, ready to acquire
Third-party logistics and multimodal transportation services company, Radiant Logistics, Inc. (RLGT), reported earnings of $0.11 per share for the quarter…
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News
Breaking: Sumeru Equity invests $87 million in 3Gtms
Sumeru Equity specializes in middle market technology companies.
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News
Apollo Global Management buys Direct ChassisLink, Blume Global for reported $2.5B
The seller was Swedish private equity group EQT Partners, which may be trying to clean up its balance sheet ahead…
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Canada
TFI expands U.S. reach with purchase of Schilli
Acquisition of bulk transporter will grow Canadian TFI’s tanker presence in the United States.
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Canada
Customs broker Livingston acquired by Platinum Equity
U.S. private equity firm Platinum getting Canada’s largest customs broker for undisclosed sum
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Maritime
DP World repurchases P&O Ferries
DP World (NASDAQ Dubai: DPW) announced that it will repurchase P&O Ferries from Dubai World according to a DP World…
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Economics
FitzMark acquires Reliable Source Logistics, consolidating Indianapolis freight brokerage
The combined brokerage expects to do $200 million in revenue this year.
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Less than Truckload
UPDATE: Xpress Global Systems / Aterian deal
Aterian Investment Partners Principal Michael Fieldstone said that his firm supported XGS CEO Darrel Harris and his management team and…
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News
BAM makes factoring a powerful tool with a finance and tech double whammy
Incongruent payment cycles make it hard for low-credit businesses to fund their operations. BAM is a Fintech solution for the…
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