Pilot Freight Services, Inc.
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Pilot Freight Services, Inc. - overview
Established
1970
Location
-, PA, US
Primary Industry
Logistics & Distribution
About
Pilot Freight Services, Inc. is a U. S. -based logistics provider specializing in comprehensive freight forwarding and supply chain management solutions, catering to global shipping needs with efficiency and precision.
Founded in 1970, Pilot Freight Services, Inc. operates as a logistics company that provides freight forwarding and supply chain management services. The company has undergone significant changes, including the acquisition of its Kansas City Franchise in April 2021, enhancing operational control over its network. In February 2022, A.
P. Møller - Mærsk A/S announced the acquisition of Pilot Freight Services, Inc. for USD 1. 68 bn, which is expected to finalize in the second quarter of 2022, contingent on regulatory approval.
This transaction values the company at USD 1. 8 bn and aims to facilitate better solutions for customers while supporting Pilot’s e-commerce initiatives. Pilot Freight Services offers global transportation and logistics solutions, focusing on freight forwarding, customs brokerage, and specialized logistics services. With a presence in over 75 locations across North America and operations in Western Europe, the company serves various industries, including automotive, healthcare, aerospace, and retail.
Its services are designed to streamline logistics for businesses engaged in both B2B and e-commerce, ensuring efficient supply chain management and seamless goods movement. In the most recent fiscal year, Pilot Freight Services recorded a revenue of USD 565. 50 mn, derived from tailored logistics solutions and service contracts with clients, optimizing pricing based on their operational needs and volumes. Pilot Freight Services plans to utilize the recent acquisition by A.
P. Møller - Mærsk A/S to expand its service offerings and enhance its e-commerce capabilities. The acquisition will allow the integration of more comprehensive logistics solutions tailored to customer needs. Pilot aims to strengthen its presence in existing markets while exploring opportunities for expansion into new geographic regions.
Following the acquisition, the company will focus on developing innovative services to meet evolving market demands by leveraging the resources and expertise of its new parent organization.
Primary Industry
Logistics & Distribution
Sub Industries
Transportation Services, Freight Transportation Services, Internet, Logistics Software
Website
www.pilotdelivers.com
Verticals
Mobile Apps
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Pilot Freight Services, 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 | Pilot Freight Services, Inc. | - | ||||||||
| Add-on | Completed | American Linehaul Corporation | - | ||||||||
| Add-on | Completed | Kansas City franchise location | - | ||||||||
| Sale to Management | Completed | Pilot Freight Services, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | DSI Logistics LLC | - |
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