Acquiring Company
Forward Air
Acquired Company
Omni Logistics
DallasDallasTransportationLogisticsFleet ManagementTransportationLogisticsDescription
Forward Air Corporation has reached an agreement to amend the terms of the existing merger agreement with Omni Logistics, LLC, a private company majority owned by Ridgemont Equity Partners and EVE Partners, LLC. The amended merger agreement ends the litigation between the parties and involves Omni shareholders receiving $20 million in cash and 35% of Forward’s pro forma common equity, instead of the originally agreed $150 million in cash and 37.7% of Forward’s pro forma common equity. The revised agreement enables Forward to accelerate its long-term Grow Forward strategy and positions the combined company as the premier provider of choice in high-quality freight transportation. The parties are targeting a transaction closing by the end of the week.
Quick answer
Forward Air is acquiring Omni Logistics, announced January 22, 2024. Forward Air is based in Dallas, Texas, United States.
- How much did Forward Air pay for Omni Logistics?
- The deal value was not disclosed.
- What does Forward Air do?
- Forward Air is an asset-light transportation services group providing logistics services in North America, specializing in time-definite surface transportation and related logistics services to the air cargo industry.
- Where are Forward Air and Omni Logistics based?
- Forward Air is based in Dallas, Texas, United States. Omni Logistics is based in Dallas, Texas, United States.
- Who are the decision-makers at Forward Air?
- Fundz holds 1 contact at Forward Air. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Transportation and Logistics
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- eShipping Announces Closing of Two Strategic Acquisitions (February 27, 2024)
- Transit Technologies completes acquisition of TripShot to redefine transportation services (March 4, 2024)
- IINX to Acquire Dalian Huagang in Strategic Logistics Move (January 18, 2024)
- Alba Wheels Up International Announces The Strategic Acquisition Of John A. Steer Co., Expanding Leadership In Customs Brokerage And Logistics (January 9, 2024)
- Metro Supply Chain Acquires Sci Group (January 9, 2024)
- Aon completes acquisition of Humn.ai to strengthen its commercial fleet proposition (March 7, 2024)
Who to call at Forward Air, and when
When Forward Air changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Forward Air raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Forward Air, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Forward Air. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Forward Air makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Omni Logistics?
Omni Logistics was acquired by Forward Air, based in Dallas. The deal was reported on January 22, 2024. Forward Air is an asset-light transportation services group providing logistics services in North America, specializing in time-definite surface transportation and related logistics services to the air cargo industry. Forward Air is publicly traded (FWRD) and operates in Transportation.
When did Forward Air acquire Omni Logistics?
Forward Air's acquisition of Omni Logistics was reported on January 22, 2024. Forward Air Corporation has reached an agreement to amend the terms of the existing merger agreement with Omni Logistics, LLC, a private company majority owned by Ridgemont Equity Partners and EVE Partners, LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Omni Logistics do?
Omni Logistics specializes in providing a collaborative, consultative approach to unique logistics challenges around the globe. It is privately held, operating in Transportation, and is based in Dallas.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.