2 Acquisitions in the Freight Service industry - Flippa

Company acquisitions in the Freight Service industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in the Freight Service industry.

Metropolitan Trucking acquired by Pam Transport

Details about the transaction:

Acquisition amount: $77,400,000

Announcement: 14 June 2022

Details about the company:

Road transportation services are offered by Metropolitan Trucking.

Headquarter:

Where to find them: Website

Industry: Freight Service, Logistics, Transportation

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Tianjin Hanuowei acquired by Yongtaiyun

Details about the transaction:

Acquisition amount: $26,627,262

Announcement: 23 August 2022

Details about the company:

A logistics management service provider, Tianjin Hanuowei primarily develops a supply chain logistics management platform.

Headquarter:

Where to find them: Website

Industry: Freight Service, Logistics, Transportation

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.

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