Roadrunner Transportation Systems has acquired all of the outstanding membership interests of Marisol International for $66 million, plus an earn-out capped at $2.5 million.
Financing for the transaction was provided by borrowings under Roadrunner’s credit facility. Marisol, a Missouri-based supply chain company, is expected to be accretive to Roadrunner’s earnings in 2013.
“As we have indicated, one of our key strategic objectives in 2013 is broadening our international capabilities to meet our customers’ total transportation and logistics needs,” said Mark DiBlasi, president and CEO of Roadrunner, No. 22 on JOC’s 2012 list of the Top 50 Trucking Companies, in a written statement. “Many of our existing 35,000 customers import and export raw materials, purchased components and finished products. Marisol represents an ideal fit both strategically and culturally.”