Radiant Logistics Announces Acquisition Of Strategic Operating Partner Companies, Select Logistics And Select Cartage; Terms Not Disclosed
Radiant Logistics, Inc. (NYSE:RLGT), a leading provider of technology-enabled global transportation and value added logistics solutions, today announced it has acquired Select Logistics, Inc. and Select Cartage, Inc. (collectively "Select"), both Doral, Florida based, privately held companies that have operated as part of the Company's Adcom Worldwide brand since 2007. The Company structured the transaction similar to its previous transactions, with a portion of the expected purchase price payable in subsequent periods based on the future performance of the acquired operations.