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Transactions / Forager Group
Arrive Logistics Acquires Cross-Border Business from Forager
Add-on acquisitionclosedadd-onannounced Feb 1, 2022closed Feb 1, 2022Fact
What happened
- Target
- Forager Group
- Platform
- Arrive Logisticsadd-on basis: Arrive Logistics, a multimodal transportation and technology company, announced today that it has acquired Forager Group's cross-border business and proprietary platform. | Arrive Logistics is held by ATL on its portfolio page; published on ATL's own news page
- Control
- Control
- Share acquired
- unknown
- Industry
- transportation_logistics / logistics
- Target location
- unknown
- Seller kind
- unknown
- Rollover
- unknown
Values, only where disclosed
- Enterprise value
- Not disclosed
- Purchase price
- Not disclosed
- Equity value
- Not disclosed
- Target revenue
- Not disclosed
- Target EBITDA
- Not disclosed
- Multiple
- Not disclosed
Parties and roles
5 named
Buy side
- “Arrive Logistics, a multimodal transportation and technology company, announced today that it has acquired Forager Group's cross-border business and proprietary platform. | Arrive Logistics is held by ATL on its portfolio page; published on ATL's own news page”
- “Arrive Logistics, a multimodal transportation and technology company, announced today that it has acquired Forager Group's cross-border business and proprietary platform. | Arrive Logistics is held by ATL on its portfolio page; published on ATL's own news page”
Side not stated
- “"Forager Group's team of cross-border specialists and industry leading technology are excellent additions to our business," said Matt Pyatt, Founder and CEO of Arrive Logistics.”
- “"Arrive Logistics provides the scale and capital needed to grow Forager's existing cross-border business," noted Matt Silver, founder and CEO of Forager Group, Inc. "We look forward to continuing to support Forager's customers leveraging Arrive's team and technology.”
- “Arrive Logistics, a multimodal transportation and technology company, announced today that it has acquired Forager Group's cross-border business and proprietary platform.”
Evidence
“Arrive Logistics, a multimodal transportation and technology company, announced today that it has acquired Forager Group's cross-border business and proprietary platform.”
Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)confidence 80%recorded Sep 16, 2026