Syncreon Acquisition, Valuation, Funding & Investors

Syncreon was acquired by DP World Group for $1.2B in July 2021, a 1.1x multiple on $1.1B of revenue.

Syncreon acquisition price

$1.2B

Acquired by DP World Group · Jul 2021

Syncreon revenue at acquisition

$1.1B

Last twelve months · Jul 2021

Syncreon revenue multiple at acquisition

1.1x

EV/Revenue · Jul 2021

Cumulative funding Syncreon raised

$250M

across 1 funding round

Syncreon Overview

About Syncreon

Syncreon is a supply chain management provider serving automotive and high-tech OEMs with 3PL and 4PL solutions across warehousing, fulfillment, manufacturing logistics, and reverse operations. It handles lifecycle phases from inbound sourcing to aftermarket returns for brands like Ford and Dell. With 60 years of experience, the Auburn Hills, Michigan-headquartered company operates 100+ facilities globally. syncreon.com optimizes synergies in Europe, Asia, and North America.


Founded

2007

HQ

United StatesDetroit, MI

Status

Acquired

Customer focus

B2B

Revenue model

Services, Subscription

Revenue

$1.1B (Jul 2021)

Valuation

$1.2B (acquired Jul 2021)

Syncreon Acquisition

Syncreon was acquired by DP World Group for $1.2B on 1 July 2021.

The acquisition price implies a 1.1x revenue multiple on $1.1B of revenue.

Before the acquisition Syncreon had raised $250M across 1 funding round.

DP World, a Dubai-based port operator, acquired Syncreon, a US-based global logistics provider specializing in complex supply chains for automotive and technology industries, for an enterprise value of $1.2 billion. Syncreon operates 91 facilities across 19 countries, offering warehousing, distribution, export packaging, fulfillment, and other value-added services, with key customers in e-commerce, consumer goods, healthcare, and industrial sectors. In 2020, Syncreon generated $1.1 billion in revenue, with 57% from EMEA (mostly Europe) and 42% from North America, and maintains long-term customer relationships averaging 18 years. The deal, announced in July 2021 and expected to close in the second half of that year, enhances DP World's end-to-end supply chain solutions by integrating Syncreon's tech-led capabilities and strong cargo owner relationships. DP World funded the transaction with existing resources, aligning with its strategy to expand in high-growth logistics markets. Syncreon's CEO highlighted benefits from DP World's broader expertise and market access, while DP World's leadership emphasized growth opportunities in technology and automotive sectors.

Syncreon acquisition details
AcquirerDateTypePriceEV/Revenue
  • DP World Group
1 Jul 2021Strategic M&A$1.2B1.1x

Syncreon Funding History

Syncreon has raised a total of $250M across 1 funding round.

Syncreon funding rounds

Syncreon funding rounds
DateStageRaised
Oct 2019Undisclosed stage$250M

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Syncreon Competitors

Syncreon competitors include listed companies like Xiamen Xiangyu Co and Infomart, and private ones like YH Global, SkyCell, Route and Altana.

Public and private companies comparable to Syncreon
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
YH GlobalChinaShenzhenPrivate--$1B-
SkyCellSwitzerlandZurichPrivate--$635M-
Xiamen Xiangyu CoChinaChinaPublicly listed$61B$523M$2.5B0.1x
InfomartJapanJapanPublicly listed$121M$31M$1.2B8.6x
RouteUnited StatesSalt Lake City, UTPrivate--$1.4B-
AltanaUnited StatesNew York City, NYPrivate-$564M$1B-
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Blue Dart Express$640M$98M1.9x1.8x12.6x16.1x
Dazhong Transportation$332M$132M4.8x-12.2x-
Infomart$121M$31M9.3x8.6x35.9x31.7x
Grindrod$336M$192M3.3x2.8x5.8x11.1x
Freightways Group$841M$160M2.0x1.9x10.3x9.9x
Prosegur Cash$2.3B$389M0.8x0.8x4.8x4.4x
Marten Transport$884M$130M1.1x1.1x7.7x7.6x
SBS Holdings$3.2B$226M0.6x0.5x8.5x7.2x

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Common questions about Syncreon

When was Syncreon founded?Syncreon was founded in 2007.
Where is Syncreon headquartered?Syncreon is headquartered in Detroit, MI, United States.
Is Syncreon publicly listed?No, Syncreon was acquired by DP World Group in July 2021.
Who acquired Syncreon?Syncreon was acquired by DP World Group in July 2021.
How much was Syncreon acquired for?Syncreon was acquired for $1.2B in July 2021, a 1.1x revenue multiple.
How much funding has Syncreon raised?Syncreon has raised $250M across 1 funding round.
What was Syncreon's last funding round?Syncreon's last funding round was a $250M undisclosed-stage round in October 2019.
Which companies are comparable to Syncreon?Companies comparable to Syncreon include YH Global, SkyCell, Xiamen Xiangyu Co, Infomart, Route and Altana.

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