Traffix
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Traffix - overview
Established
1979
Location
-, ON, Canada
Primary Industry
Logistics & Distribution
About
Based in Ontario, Canada, and founded in 1979, Traffix operates as a load broker and third-party logistics company that provides comprehensive freight transportation solutions for its clients. In April 2022, DEASANG, Forest Partners, LX Partners, and UTC Investment agreed to acquire a 70% majority stake in the firm for USD 300 million. As of May 2022, the company is being led by its President and CEO, Chuck Snow, and employs over 600 employees. The firm has 21 offices across North America, including Milton, Detroit, Atlanta, Chicago, Toronto, Denver, Nashville, etc.
Traffix offers a wide range of solutions including FTL (Full Truckload), LTL (Less than Truckload), temperature-controlled or refrigerated services, warehousing, drayage, intermodal or customizable freight (rail, road, and air) and courier services, etc to help customers overcome their logistics and supply chain-related challenges. The company also provides transportation management software to various shippers.
Primary Industry
Logistics & Distribution
Sub Industries
Courier & Delivery Services, Warehouses, Trucking, Freight Transportation Services, Logistics Software
Website
www.traffix.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Traffix - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Announced | Traffix | - |
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