RADIANT LOGISTICS ACQUIRES TEXAS-BASED FOUNDATION LOGISTICS [Yahoo! Finance]
Radiant Logistics, Inc. (RLGT)
NASDAQ:AMEX Investor Relations:
radiantdelivers.com
Company Research
Source: Yahoo! Finance
Sept. 4, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-enabled global transportation and value added logistics solutions, today announced it has acquired Foundation Logistics & Services, LLC ("Foundation"), a Humble, Texas -based, privately held company that provides a full range of specialized transportation and logistics services for companies involved in the exploration, drilling, and production of oil and gas. 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. Founded in 2014, Foundation specializes in servicing the oil and gas industry with a focus on the transportation of hazardous materials, including explosives, and urgent oilfield equipment to points around the world. On a post-closing basis, Foundation will continue under the leadership of co-founders Larry Ea
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RLGT
Sec Filings
- 11/19/24 - Form 8-K
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- RLGT's page on the SEC website