ContractDaseke, Inc. • February 20th, 2018 • Transportation services
Company FiledFebruary 20th, 2018 IndustryOn December 1, 2017, Daseke TSH LLC (“TSH”), an indirect wholly owned subsidiary of Daseke, Inc. (“Daseke”), and Sidney T. Stanley 2007 Family Irrevocable Gift Trust, Sidney Stanley, Craig Stanley, Gregg Stanley, Sara Beth Sheehan, Craig T. Stanley 2012 GST-Exempt Family Trust, Gregg F. Stanley 2012 GST-Exempt Family Trust, and Sara Beth Sheehan 2012 GST-Exempt Family Trust entered into a Purchase and Sale Agreement pursuant to which TSH purchased 100% of the outstanding equity interests of (1) Tennessee Steel Haulers, Inc., a Tennessee corporation, (2) Alabama Carriers, Inc., a Tennessee corporation, (3) Fleet Movers Inc., a Tennessee corporation (collectively “TSH & Co.”), for total consideration of $74.9 million in cash and 972,680 shares of Daseke common stock with a value of approximately $12.0 million at the time (the “Transaction”).
ContractDaseke, Inc. • February 16th, 2018 • Transportation services
Company FiledFebruary 16th, 2018 IndustryOn December 1, 2017, Daseke TSH LLC (“TSH”), an indirect wholly owned subsidiary of Daseke, Inc. (“Daseke”), and Sidney T. Stanley 2007 Family Irrevocable Gift Trust, Sidney Stanley, Craig Stanley, Gregg Stanley, Sara Beth Sheehan, Craig T. Stanley 2012 GST-Exempt Family Trust, Gregg F. Stanley 2012 GST-Exempt Family Trust, and Sara Beth Sheehan 2012 GST-Exempt Family Trust entered into a Purchase and Sale Agreement pursuant to which TSH purchased 100% of the outstanding equity interests of (1) Tennessee Steel Haulers, Inc., a Tennessee corporation, (2) Alabama Carriers, Inc., a Tennessee corporation, (3) Fleet Movers Inc., a Tennessee corporation (collectively “TSH & Co.”), for total consideration of $74.9 million in cash and 972,680 shares of Daseke common stock with a value of approximately $12.0 million (the “Transaction”).
ContractDaseke, Inc. • February 12th, 2018 • Transportation services
Company FiledFebruary 12th, 2018 IndustryOn December 1, 2017, Daseke MFS LLC (“MFS”), an indirect wholly owned subsidiary of Daseke, Inc. (“Daseke”), and Daniel R. Moore, Judith N. Moore, Randall K. Moore, Tiffani M. Swalley, John D. Moore and V. Jean Nichols entered into a Purchase and Sale Agreement pursuant to which MFS purchased 100% of the outstanding equity interests of (1) Moore Freight Service, Inc., a Tennessee corporation, (2) RT & L, LLC, a Tennessee limited liability company, (3) JD and Partners, LLC, a Tennessee limited liability company, (4) TM Transport and Leasing, LLC, a Tennessee limited liability company, and (5) Rand, LLC, a Tennessee limited liability company (collectively, “Moore”), for total consideration of $34.8 million in cash and 145,129 shares of Daseke common stock with a value of approximately $1.8 million (the “Moore Transaction”).