摘要: |
THIRD-PARTY LOGISTICS and technology-enabled transportation services provider Echo Global Logistics announced last month that it has entered into a definitive agreement to be acquired by global private equity firm The Jordan Company (TJC) for $48.25 per share, with an equity value of roughly $1.3 billion. Echo officials said that Echo Global Logistics would become a private company, adding that this transaction "will provide the company with additional resources and greater flexibility to continue to build its technology and data science platform, while also augmenting its value proposition for shippers and carriers." They also noted that Echo will see benefits from The Jordan Company's operating capabilities, capital support and sector expertise. |