M&A · Industrials · Buyer's industry: Trucking (No Local)
Heartland Express Inc to acquire Smith Transport
Announced Jun 2, 2022 · Closed Jun 2, 2022 · Private target
Deal value$170M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationNot disclosed
Transaction
- Acquirer
- Heartland Express Inc (HTLD)
- Target
- Smith Transport
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Jun 2, 2022
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Classification
- Sector
- Industrials
- Buyer's industry
- Trucking (No Local)