Global Logistics M&A Recap in Partnership with Ti Insight

In August, the most prevalent acquisitions occurred within the freight forwarding sector. North America and Europe jointly dominated the acquisition landscape in August, representing an impressive 71.7% of all acquisitions.

"We are 100% in a Buyer’s Market. Financial Sponsors are sitting on the sidelines now as debt is too expensive to continue the Leveraged Buyout (LBO) market of the past 10 years. However, with Strategic LSPs having cash on the balance sheet, they are buying to help subsidize their lack of organic growth. A few strategic & synergistic sectors are still holding their premium values, but most are trading at the lowest levels in years, and LSPs are buying up their markets for the best placement of Preferred Logistics Service Providers for the future. One example of this is reported later in Ti’s analysis of the Omni / Forward Air deal. Logisyn has been an active partner with Omni’s acquisition strategy for several years now, and this partnership with Forward Air allows them to both be well-positioned moving forward. It should be another very interesting 18 months ahead of us." - Ron Lentz, Managing Partner at Logisyn

"Earlier in August, it was announced that Forward Air and Omni Logistics (both US-based) will merge in a cash and stock deal. Under the terms of the agreement, Omni shareholders will receive $150m in cash and Forward Air common stock and preferred stock. The combination of both companies is hoping to create a premier, high-value, less-than-truckload (LTL) enterprise that is focused on providing customers with multimodal solutions for complex, high-service, and high-value freight needs," - Sarah Smith, MD of TI

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