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- GlobalTranz
GlobalTranz Acquisition, Valuation, Funding & Investors
GlobalTranz was acquired by Worldwide Express and CVC Capital Partners for $4B in June 2021, a 1.7x multiple on $2.4B of revenue.
GlobalTranz revenue at acquisition
$2.4B
Last twelve months · Jun 2021
GlobalTranz revenue multiple at acquisition
1.7x
EV/Revenue · Jun 2021
Cumulative funding GlobalTranz raised
$43M
across 2 funding rounds
About GlobalTranz
GlobalTranz is a logistics technology firm enabling shippers to manage transportation needs and secure discounted rates through a unified platform. Founded in 2003, it is headquartered in Scottsdale, Arizona.
Founded
2003
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Commission, Subscription
Revenue
$2.4B (Jun 2021)
Valuation
$4B (acquired Jun 2021)
GlobalTranz Acquisition
GlobalTranz was acquired by Worldwide Express and CVC Capital Partners for $4B on 11 June 2021.
The acquisition price implies a 1.7x revenue multiple on $2.4B of revenue.
Before the acquisition GlobalTranz had raised $43M across 2 funding rounds.
GlobalTranz Enterprises, a technology-driven third-party logistics provider specializing in transportation and logistics services including truckload brokerage and managed transportation, combined with Worldwide Express, a non-asset-based logistics company offering small package, truckload, and LTL shipping solutions. The transaction, announced on June 11, 2021, and completed later that year, was sponsored by a consortium led by CVC Capital Partners, with participation from Providence Equity Partners, PSG Equity, and Ridgemont Equity Partners; existing management teams retained significant stakes. Tom Madine of Worldwide Express became CEO of the combined entity, while Bob Farrell of GlobalTranz joined the board. The merger created a logistics platform with combined revenue over $5 billion, operating under separate brands initially and later unified under WWEX Group with Unishippers, forming the second-largest U.S. privately held logistics company. Strategic rationale focused on uniting technology platforms, expanding carrier partnerships, modal capabilities, and sales channels for accelerated growth and deeper customer solutions.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 11 Jun 2021 | Strategic M&A | $4B | 1.7x |
GlobalTranz Funding History
GlobalTranz has raised a total of $43M across 2 funding rounds.
GlobalTranz's first fundraising round was a $3M Series B in January 2013. The most recent completed round was a $40M Series C in September 2014.
GlobalTranz funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Sep 2014 | Series C | Providence Equity Partners (lead); Susquehanna Growth Equity (lead) | $40M | - |
| Jan 2013 | Series B | - | $3M | The company was valued at $400 million as of June 2018. The company was subsequently acquired through a merger transaction on June 11, 2021. |
Who has invested in GlobalTranz?
2 investors have backed GlobalTranz across its funding rounds, including Susquehanna Growth Equity and Providence Equity Partners.
Lead investors include Providence Equity Partners and Susquehanna Growth Equity.
GlobalTranz Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 GlobalTranz investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by GlobalTranz
GlobalTranz has acquired 11 companies to date.
Last acquisition by GlobalTranz was on January 16th 2020. GlobalTranz acquired Cerasis for undisclosed valuation.
Latest Acquisitions by GlobalTranz
| Description | Cerasis is a Chicago-based third-party logistics provider specializing in less-than-truckload freight management, transportation spend analysis, and supply chain consulting. It serves manufacturers and distributors by optimizing LTL shipments, carrier procurement, and parcel delivery through proprietary technology platforms. The company integrates EDI connectivity for seamless order tracking and compliance reporting, helping clients reduce logistics costs in industries like automotive and consumer goods. Acquired by GlobalTranz in 2019, it continues to enhance freight auditing and multimodal solutions. | Global Freight Solutions is a UK-headquartered technology platform that integrates over 1,000 delivery services from multiple carriers for e-commerce and B2B shippers. Operating through Parcels, Logistics, and Technology divisions, the company serves retailers shipping domestically and internationally from its London base. GFS provides software for carrier management, rate comparison, and omnichannel fulfillment. | Circle 8 Logistics is a Pharr-headquartered provider of truckload and LTL freight services from Texas, USA. It operates a fleet of 150 tractors for refrigerated, flatbed, and dry van shipments across Mexico-US border routes. Circle 8 handles customs brokerage and warehousing in McAllen. Founded in 2012, it serves food exporters like Driscoll's Berries with TMS-integrated tracking. | Our Freight Guy is a freight brokerage and logistics firm that deploys technology for customer success in shipping solutions. | |
| HQ Country | |||||
| HQ City | Minneapolis, MN | Crawley | Chicago, IL | Kansas City, MO | |
| Deal Date | 16 Jan 2020 | 17 Oct 2019 | 2 Apr 2019 | 16 Jan 2019 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all GlobalTranz acquisitions and their M&A valuation multiples. Start Free Trial | |||||
GlobalTranz Competitors
GlobalTranz competitors include listed companies like EquipmentShare.com and Delhivery, and private ones like Kpler, Uber Freight, Motive and Stord.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $300M | - | $3.7B | 12.3x | ||
| Publicly listed | $4.4B | $704M | $4.6B | 1.8x | ||
| Publicly listed | $1.1B | $80M | $3.4B | 2.7x | ||
| Private | $211M | - | $3.3B | 15.6x | ||
| Private | $501M | - | $3.1B | 6.1x | ||
| Private | $147M | - | $3B | 20.4x |
GlobalTranz Public Comps
GlobalTranz is no longer listed, but its public comps include Delhivery, EquipmentShare.com, TravelSky, Rasan, ServiceTitan, NextNav, Karooooo, Ziff Davis, GigaCloud Technology and Transfar Zhilian Co.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.1B | $80M | 2.9x | 2.7x | 40.1x | 38.9x | |||
| $4.4B | $704M | 2.1x | 1.8x | 13.1x | 5.3x | |||
| $1.3B | $518M | 0.9x | 0.9x | 2.3x | 2.3x | |||
| $174M | $73M | 16.1x | 11.0x | 38.6x | 25.9x | |||
| $961M | ($86M) | 5.0x | 4.5x | (55.8x) | 25.5x | |||
| $5M | ($169M) | 503.2x | 540.7x | (13.6x) | (48.0x) | |||
| $337M | $148M | 6.3x | 5.7x | 14.3x | 13.8x | |||
| $1.5B | $335M | 0.9x | 1.0x | 3.8x | 3.3x | |||
This data is available for Pro users. Sign up to see all GlobalTranz competitors and their valuation data. Start Free Trial | ||||||||
Common questions about GlobalTranz
| When was GlobalTranz founded? | GlobalTranz was founded in 2003. |
| Where is GlobalTranz headquartered? | GlobalTranz is headquartered in Phoenix, AZ, United States. |
| Is GlobalTranz publicly listed? | No, GlobalTranz was acquired by Worldwide Express and CVC Capital Partners in June 2021. |
| Who acquired GlobalTranz? | GlobalTranz was acquired by Worldwide Express and CVC Capital Partners in June 2021. |
| How much was GlobalTranz acquired for? | GlobalTranz was acquired for $4B in June 2021, a 1.7x revenue multiple. |
| How much funding has GlobalTranz raised? | GlobalTranz has raised $43M across 2 funding rounds. |
| What was GlobalTranz's last funding round? | GlobalTranz's last funding round was a $40M Series C in September 2014, led by Providence Equity Partners and Susquehanna Growth Equity. |
| Who are GlobalTranz's investors? | GlobalTranz's investors include Providence Equity Partners and Susquehanna Growth Equity. |
| Which companies are comparable to GlobalTranz? | Companies comparable to GlobalTranz include Kpler, EquipmentShare.com, Delhivery, Uber Freight, Motive and Stord. |
| How many companies has GlobalTranz acquired? | GlobalTranz has acquired 11 companies, including Cerasis, Global Freight Solutions, Circle 8 Logistics, Our Freight Guy and AFN Logistics. |
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