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Echo Global Logistics To Be Acquired By The Jordan Company For $1.3B
Friday, September 10, 2021 - 2:59pm | 437Echo Global Logistics Inc (NASDAQ: ECHO) announced Friday that it has entered into a definitive agreement to be acquired by global private equity firm The Jordan Company for an equity value of approximately $1.3 billion. What To Know: Echo Global Logistics is a ...
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Echo Grew Q1 Revenue, But Margins Compressed During Coronavirus Surge
Wednesday, April 22, 2020 - 7:25pm | 530Echo Global Logistics, Inc. (NASDAQ: ECHO), the Chicago-based third party logistics provider, reported its financial and operational results for the first quarter of 2020 after trading ended on Wednesday afternoon. Echo grew gross revenues by 2.4% on a year-over-year basis to $551 million in the...
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Echo Logistics Has an 'Ongoing' M&A Strategy
Wednesday, May 1, 2013 - 2:49pm | 669Over the past 18 months, Echo Logistics (NASDAQ: ECHO) -- a technology-enabled transportation and supply chain management company -- has made five acquisitions. One of the most significant purchases turned out to be Open Mile, a truckload freight broker. "Generally what we're buying is a small...