Swift Transportation Company
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Swift Transportation is a motor transportation company founded in 1966, by Jerry Moyes and his family. The company is headquartered in Phoenix, Arizona. Originally established as Common Market, it adopted the Swift name after purchasing the operating authority of a firm associated with the Swift meat-packing family. In 2017, the company underwent a major transformation by merging with Knight Transportation to form Knight-Swift Transportation Holdings Inc., creating North America's largest full truckload carrier. Swift Transportation Company and Knight Transportation, Inc. operate under Knight-Swift Transportation Holdings (KNX), although the brands continue to operate independently. Business/Product Breakdown: Swift Transportation operates as a full-service truckload carrier providing diverse freight and logistics solutions. Its primary service is dry van transportation, supplemented by specialized offerings such as temperature-controlled (refrigerated) transport, flatbed services, and heavy-haul capabilities. The company manages a vast terminal network across the United States and Mexico, offering cross-border services and logistics management. Additionally, Swift provides intermodal solutions that combine rail and road transport for efficiency. Beyond freight, the company operates the Swift Academy to provide CDL training for drivers and offers carrier services including truck and trailer sales and equipment leasing.
Keywords
Keywords
Classified
Private