Roadrunner buying A&A

North America

Monday, November 12, 2012
   Roadrunner Transportation Systems said Monday that it has acquired A&A Express, a provider primarily of refrigerated truckload services based in Brandon, S.D.    Cudahy, Wis.-based Roadrunner is paying about $24 million, plus an earn-out capped at $2.5 million. A&A uses both independent contractors and employee drivers. The acquisition was financed with borrowings under Roadrunner's credit facility.    Mark DiBlasi, president and chief executive officer of Roadrunne...
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