Kane Logistics, Inc.

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Kane Logistics, Inc. - overview

Established

1930

Location

Scranton, PA, US

Primary Industry

Logistics & Distribution

About

Kane Logistics, Inc. is a logistics company specializing in supply chain management solutions, providing efficient warehouse management, engineering, and automation services to diverse sectors including retail and pharmaceuticals. Kane Logistics, Inc. was founded in 1930 and is headquartered in Scranton, US.


The company provides logistics services, including warehouse management and supply chain solutions, and has undergone recent changes with a significant acquisition by ID Logistics Group SA in February 2022, which was completed in April 2022 for USD 240 mn. Stan Lion is the CEO of the company. Kane Logistics specializes in comprehensive logistics and supply chain solutions tailored to various industries. Their core offerings include warehouse management services, industrial engineering, and automation engineering, aimed at optimizing clients’ supply chain operations.


They serve a diverse client base, including major retail, e-commerce, and pharmaceutical companies, with a focus on improving operational efficiency and reducing costs by streamlining processes such as inventory management and order fulfillment, primarily in urban markets across the United States. Kane Logistics generates revenue through service contracts and project-based partnerships, primarily engaging in B2B transactions. They provide customized logistics solutions on a contractual basis, encompassing ongoing services such as warehouse management and engineering support, through multi-year agreements that include inventory control and process optimization tailored to client needs. Following the acquisition by ID Logistics Group SA, which aims to expand Kane Logistics' services and client base, the company plans to leverage this partnership to enhance its growth in the logistics industry.


Specific strategies include the introduction of new service offerings and a focus on expanding its market presence, especially in emerging urban areas across the United States. The recent funding from the acquisition will be utilized to support these initiatives and accelerate the company's growth trajectory.


Primary Industry

Logistics & Distribution

Sub Industries

Freight Transportation Services, Trucking, Warehouses, Packaging

Website

www.kanelogistics.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Kane Logistics, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedKane Logistics, Inc.-
Trade SaleCompletedKane Logistics, Inc.-
GrowthCompletedKane Logistics, Inc.-

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