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 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Kane Logistics, Inc. | - | ||||||||
| Trade Sale | Completed | Kane Logistics, Inc. | - | ||||||||
| Growth | Completed | Kane Logistics, Inc. | - |
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