Baird served as the sole bookrunner on this transaction.
AboutRoadrunner Transportation Systems, Inc. (“Roadrunner” or the “Company”) (NYSE: RRTS) recently completed a follow-on offering of 2,000,000 shares of common stock at a price of $24.75 per share. All shares offered were sold by selling shareholders, resulting in gross proceeds of approximately $49.5 million. Roadrunner will not receive any proceeds from this offering. The selling shareholders include HCI Equity Partners and its affiliates.
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, freight consolidation, inventory management, expedited services, international freight forwarding, customs brokerage and comprehensive global supply chain solutions. The Company is headquartered in Cudahy, Wisconsin.
For additional information about this transaction, please contact:
- August 2015
- Roadrunner Transportation Systems, Inc.
- Target Location
- North America