About Logisteed
Logisteed is a Tokyo-based third-party logistics operator, ranked among the top 3PL providers in Asia Pacific, offering domestic and international freight forwarding, warehousing, and digital supply-chain services through its subsidiaries. Formerly known as Hitachi Transport System before its 2023 rebrand under KKR ownership, the company partners with roughly 1,300 companies and reported revenue of JPY 910.74 billion for the fiscal year ended March 2025.
Founded
1950
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Services
Revenue
$5.7B (Oct 2025)
Valuation
$4.5B (Oct 2025)
Sectors
Logisteed Acquisition
Logisteed was acquired by KKR for $5.1B on 28 April 2022.
KKR acquired Hitachi Transport System (HTS) in a transaction completed in March 2023, valuing the company at JPY 670 billion. The logistics operator was subsequently renamed Logisteed effective April 1, 2023, reflecting the company's strategic direction combining logistics with growth ambitions (Logistics + Exceed, Proceed, Succeed, Speed). HTS was a leading third-party logistics provider in Japan with a strong domestic business and international forwarding operations, serving 1,300 partner companies with a fleet of 23,369 vehicles and 9.2 million square meters of global warehouse space. The acquisition represented KKR's investment in accelerating the company's growth and structural development in the logistics sector. Subsequently, in January 2026, KKR sold a 19.9 percent stake in Logisteed to Japan Post Holdings for JPY 142.3 billion (approximately USD 943.8 million), valuing the company at over JPY 715 billion and establishing a capital and business alliance to expand international logistics and domestic business-to-business logistics services.
| Acquirer | Date | Type | Price |
|---|---|---|---|
| 28 Apr 2022 | PE buyout | $5.1B |
Logisteed Valuation
Logisteed is currently valued at $4.5B, based on its secondary sale in October 2025.
The $940M round was led by Japan Post.
Logisteed valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Oct 2025 | Secondary | $4.5B | 0.8x |
Logisteed Revenue
Logisteed's latest recorded revenue is $5.7B, as of its secondary sale in October 2025. At a $4.5B valuation, that implies a 0.8x revenue multiple.
Logisteed revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Oct 2025 | $5.7B | $4.5B | 0.8x | Secondary |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Logisteed Funding History
Logisteed has 1 recorded secondary share sale and no primary funding rounds.
Logisteed funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2025 | Secondary | Japan Post (lead) | $940M | $4.5B | Logisteed is a Tokyo-based third-party logistics (3PL) operator recognized as the top 3PL player in Asia Pacific, offering comprehensive logistics services including domestic and international 3PL, forwarding, and digital transformation capabilities through subsidiaries. On October 6, 2025, Japan Post Holdings, via its subsidiary Japan Post Co., Ltd., agreed to acquire a 19.9% stake in Logisteed Holdings from KKR's HTSK Investment L.P. for JPY 142.3 billion (approximately $944 million), implying a company valuation exceeding JPY 715 billion. The transaction establishes a capital and business alliance to leverage synergies, combining Logisteed's global network, diverse customer base, and 3PL expertise with Japan Post's nationwide delivery infrastructure, domestic transport strengths, and international subsidiary Toll Holdings. This partnership aims to enhance domestic B2B logistics, expand international 3PL and forwarding, and address challenges like Japan's declining freight volumes amid labor shortages and economic pressures in 2025. For the fiscal year ended March 31, 2025, Logisteed reported total revenue of JPY 910.74 billion, operating income (EBIT) of JPY 37.03 billion, net income of JPY 31.95 billion, total assets of JPY 1.75 trillion, and total common equity of JPY 642.49 billion. The deal supports Logisteed's ambition to become a global top-tier 3PL provider by 2030 and aligns with Japan Post's JP Vision 2025+ medium-term plan to grow as a comprehensive logistics company. |
Who has invested in Logisteed?
1 investor has backed Logisteed across its funding rounds, including Japan Post.
Lead investors include Japan Post.
Logisteed Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialLogisteed Competitors
Logisteed competitors include listed companies like Eastern Air Logistics, Hafnia, Agility Global and NIKKON Holdings, and private ones like LexxPluss and Hindustan Ports Pvt. Ltd..
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $3.6B | $852M | $4.3B | 1.0x | ||
| Publicly listed | $2.3B | $581M | $4.9B | 4.7x | ||
| Publicly listed | $5.1B | $901M | $4.1B | 1.7x | ||
| Publicly listed | $1.7B | $291M | $4.1B | 2.7x | ||
| Private | - | - | $3.8B | - | ||
| Private | - | - | $5.9B | - |
Logisteed Public Comps
Logisteed is no longer listed, but its public comps include Eastern Air Logistics, Hafnia, Agility Global, NIKKON Holdings, Yamato Holdings, Container Corp of India, Mainfreight, Star Bulk Carriers, SAL Logistics and GXO Logistics.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $3.6B | $852M | 1.1x | 1.0x | 4.9x | 4.7x | |||
| $2.3B | $581M | 2.4x | 4.7x | 9.5x | 6.9x | |||
| $5.1B | $901M | 1.8x | 1.7x | 10.4x | 11.6x | |||
| $1.7B | $291M | 2.7x | 2.7x | 16.1x | - | |||
| $12B | $643M | 0.3x | 0.3x | 6.2x | 7.1x | |||
| $875M | $209M | 4.1x | 3.6x | 17.3x | 17.0x | |||
| $3.1B | $436M | 1.5x | 1.4x | 10.3x | 9.6x | |||
| $1B | $303M | 4.2x | 4.1x | 14.4x | 7.2x | |||
This data is available for Pro users. Sign up to see all Logisteed competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Logisteed
| When was Logisteed founded? | Logisteed was founded in 1950. |
| Where is Logisteed headquartered? | Logisteed is headquartered in Japan. |
| Is Logisteed publicly listed? | No, Logisteed was acquired by KKR in April 2022. |
| Who acquired Logisteed? | Logisteed was acquired by KKR in April 2022. |
| How much was Logisteed acquired for? | Logisteed was acquired for $5.1B in April 2022. |
| What is Logisteed's valuation? | Logisteed was last valued at $4.5B in its secondary sale in October 2025. |
| Who are Logisteed's investors? | Logisteed's investors include Japan Post. |
| What is Logisteed's revenue? | Logisteed's latest recorded revenue is $5.7B (October 2025). |
| What is Logisteed's revenue multiple? | Logisteed's latest valuation implies a 0.8x revenue multiple ($4.5B valuation on $5.7B of revenue). |
| Which companies are comparable to Logisteed? | Companies comparable to Logisteed include Eastern Air Logistics, Hafnia, Agility Global, NIKKON Holdings, LexxPluss and Hindustan Ports Pvt. Ltd.. |
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