Follow-On Offering

Technology & Services
Follow-On Offering


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:

Steve Booth (414) 298-7661
Bill Mahler (414) 765-7262
Bret Schoch (312) 609-4965
Lance Lange (414) 765-7079
Adam Czaia (414) 298-7358
David Silver +44 (0) 207 667 8216
Technology & Services
Follow-On Offering
December 2012
Roadrunner Transportation Systems, Inc.
Technology & Services
Target Location
North America