Initial Public Offering

Technology & Services
Initial Public Offering

Summary

Baird served as the sole bookrunner of this offering.

About

Roadrunner Transportation Systems, Inc. (“RRTS” or the “Company”) (NYSE:RRTS) recently completed an initial public offering of 10,600,644 shares of its common stock at a price of $14.00 per share. Of the shares offered, 9,000,000 were sold by RRTS and 1,600,644 were sold by minority shareholders of the Company. The offering generated approximately $148.4 million of gross proceeds for RRTS. The Company intends to use the net proceeds from the offering to reduce existing indebtedness. The underwriters will have the option to purchase up to an additional 1,590,096 shares to cover over-allotments.

RRTS, a portfolio company of Thayer | Hidden Creek, is a leading non-asset based transportation and logistics services provider offering a full suite of solutions, including customized and expedited less-than-truckload, truckload and intermodal brokerage, third-party logistics and transportation management solutions, and domestic and international air. The Company provides its non-asset based transportation and logistics services to over 35,000 customers in all 50 U.S. states in addition to Mexico, Puerto Rico, and Canada.

The Baird team included our dedicated industry bankers and members of our Equity Capital Markets group.

For additional information about this transaction, please contact:

Steve Booth (414) 298-7661
Bret Schoch (312) 609-4965
Ben Brown (414) 298-7013
Bill Mahler (414) 765-7345
Technology & Services
Initial Public Offering
Date
May 2010
Company
Roadrunner Transportation Systems, Inc.
Transaction
M&A
Sectors
Technology & Services
Target Location
North America

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