Dedicated Transport Holdings LLC, a portfolio company of Centerfield Capital and Patriot Capital, has acquired All Star Transportation Inc., a provider of liquid bulk trucking services to water treatment plants throughout the United States. No financial terms were disclosed.
Dedicated Transport Holdings, LLC, a privately held company headquartered in Cleveland, Ohio, announced yesterday the acquisition of All Star Transportation, Inc., located in Clearwater, Florida and New Castle, Delaware.
All Star Transportation, Inc. provides liquid bulk trucking services to water treatment plants throughout the United States. All Star Transportation, LLC, as the company will be known going forward, will retain All Stars’ management team and its 40 drivers. Dedicated’s growth plan calls for hiring an additional 20 drivers over the next year.
“We are excited about this acquisition because it fits our growth strategy which calls for Dedicated Transport Holdings to acquire a number of mid-size trucking companies over the next several years. We also were able to retain good employees with a great work ethic,” said Frank Wagner, President and CEO of Dedicated Transport Holdings. “The service All Star Transportation provides its customers throughout the country is unique, serving a niche’ market that can be can be replicated with other manufacturers and distributors,” commented Tom McDermott, Dedicated’s Executive Vice President and COO.
Dedicated Transport, LLC, another subsidiary of Dedicated Transport Holdings based in Cleveland, Ohio, is a quality, cost-effective provider of dedicated contract trucking and logistics services to manufacturers, distributors and retailers throughout the Midwest and Eastern half of the United States. For more information regarding Dedicated Transport & All Star’s services, contact Tom McDermott at 800-641-2552 ext. 1103 or visit their website at www.dedicatedtransport.com.