Roadrunner Transportation Systems Inc Announces Acquisition Of A&A Express

Roadrunner Transportation Systems Inc announced that it has acquired all of the outstanding stock of A&A Express (A&A), a provider of truckload services based in Brandon, South Dakota, for a total enterprise value of approximately $24.0 million, plus an earn-out capped at $2.5 million. A&A transports primarily refrigerated product throughout the United States utilizing a combination of independent contractors and employee drivers. The acquisition was financed with borrowings under Roadrunner's credit facility.