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FST Logistics completes acquisition of Dancer Logistics, expanding its Midwest footprint

Aug 01, 2024over 1 year ago

Acquiring Company

FST Logistics

Acquired Company

Dancer Logistics

DublinDelphosSupply Chain ManagementLogisticsTransportationLogisticsTransportation

Description

FST Logistics, a 100% employee-owned third-party logistics (3PL) company headquartered in Dublin, Ohio, has successfully acquired Dancer Logistics, a prominent warehousing and transportation company based in Delphos, Ohio. This strategic move marks a significant milestone in FST Logistics' growth strategy and strengthens its position in the logistics industry, allowing for extended services and enhanced competitiveness.

Company Information

Company

FST Logistics

Location

Dublin, Ohio, United States

About

FST Logistics is a Dublin, Ohio-based third-party logistics (3PL) company with a strong reputation for delivering top-notch logistics and supply chain solutions. With a customer-centric approach and a commitment to excellence, FST Logistics has become a trusted partner for businesses of all sizes.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed