Here's the Deal
 

Baird's Investment Banking Group is pleased to announce the following transaction:

December 2012


Roadrunner Transportation Systems, Inc.
Follow-On Offering
$60.4 Million


Baird served as the sole bookrunning manager in this offering


Roadrunner Transportation Systems, Inc. (“Roadrunner” or the “Company”) (NYSE: RRTS) recently completed a follow-on offering of 3,500,000 shares of its common stock at a price of $17.25 per share, generating gross proceeds of approximately $60.4 million. A total of 3,400,000 shares were sold by the Company and 100,000 shares were sold by a selling stockholder. Roadrunner will not receive any proceeds associated with the shares sold by the selling stockholder. The Company expects to use the net proceeds that it receives from the offering to repay a portion of the outstanding indebtedness under its revolving line of credit and for working capital and other general corporate purposes.

Roadrunner is a leading asset-light transportation and logistics service provider offering a full suite of solutions, including customized and expedited less-than-truckload, truckload and logistics, transportation management solutions, intermodal solutions, and domestic and international air. The Company utilizes a broad third-party network of transportation providers, comprised of independent contractors and purchased power providers, to serve a diverse customer base in terms of end market focus and annual freight expenditures. The Company is headquartered in Cudahy, Wisconsin.

For additional information about this transaction, please contact:
Managing Director, Director of Investment Banking
(414) 298-7661
Managing Director, Chairman of Equity Capital Markets
(414) 765-7262
Managing Director
(312) 609-4965
Managing Director
(414) 765-7079
Director
(414) 298-7358
Managing Director, Head of European Investment Banking
+44 (0) 207 667 8216

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