MODE Transportation, a leading North American private third-party logistics provider based in Dallas, announced that it has acquired Avenger Logistics, a Chattanooga, Tennessee-based freight brokerage.
Financial terms of the deal were not disclosed. Investment bankers at Capstone Headwaters brought Avenger to market.
“We are excited to have Avenger as a part of the MODE family, not only because it is an important component of our growth strategy, but also because of Avenger’s strong culture of providing a high level of customer service,” said Lance Malesh, MODE Transportation’s president and chief executive officer.