CRST International, Inc.
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CRST International, Inc. - overview
Established
1955
Location
Cedar Rapids, IA, US
Primary Industry
Logistics & Distribution
About
CRST International, Inc. provides a wide range of transportation and logistics services tailored to meet various client needs, focusing on efficiency and reliability in the delivery of goods across the United States. Founded in 1955 in Cedar Rapids, US, CRST International, Inc. specializes in transportation and logistics solutions.
The company was acquired by Hillcrest Holdings, with financial terms undisclosed. The current CEOs are Cedric Smith, Hugh Ekberg, and Sukhmandeep Kaur. CRST specializes in comprehensive transportation and logistics solutions designed to meet the diverse needs of its clientele. The core offerings include nationwide flatbed solutions, padded Less Than Truckload (LTL) options for high-value products, and engineered performance for long-haul transportation.
These services cater to various end-users, including manufacturers, retailers, and businesses requiring safe and secure transportation of goods. CRST facilitates complex installations and final-mile deliveries, ensuring that products reach their destination efficiently. The company operates across various geographical markets, providing tailored logistics solutions throughout the United States. CRST generates revenue through a structured framework that includes B2B transactions and partnerships with various stakeholders in the logistics and transportation industry.
The company engages clients directly, offering customized transportation services based on specific client needs. Revenue is derived from transactional agreements for services rendered, with pricing models varying by service type and complexity. Clients may engage CRST for padded LTL services or flatbed transportation, with pricing determined by factors such as load size, distance, and service specifications. These strategic partnerships and direct service models allow CRST to establish a sustainable revenue stream while delivering high-quality logistics solutions to its diverse customer base.
CRST plans to enhance its service offerings by designing new products aimed at improving efficiency in logistics operations. Additionally, the company is looking to expand into new markets across different regions within the United States. The recent acquisition by Hillcrest Holdings will aid in supporting these initiatives, although specific details on product launches or geographic targets have not been disclosed.
Current Investors
Hillcrest Holdings
Primary Industry
Logistics & Distribution
Sub Industries
Freight Transportation Services, Warehouses
Website
www.crst.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
CRST International, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | BCB Transport, LLC | - | ||||||||
| Add-on, Trade Sale | Completed | North American Logistics Holdings | - | ||||||||
| Buyout | Completed | CRST International, Inc. | - |
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